DiamondCorp appoints business rescue practitioner for LDM

22nd November 2016 By: Anine Kilian - Contributing Editor Online

JOHANNESBURG (miningweekly.com) – Aim- and AltX-listed DiamondCorp has appointed Deloitte & Touche business rescue practitioner Daniel Terblanche to handle the business rescue of its Lace Diamond Mines (LDM) operating subsidiary.

DiamondCorp last week placed LDM into business rescue after the Lace mine was flooded and some of its equipment damaged.