Court dismisses bid to halt sale of Gupta mine
The Lurco Group’s bid to interdict the transfer of Koornfontein mine to Black Royalty Minerals has failed
28 January 2020 - 15:20
UPDATED 28 January 2020 - 17:00
A court application by an unsuccessful bidder to stop the R300m sale of the Gupta’s Koornfontein coal mine to another party has been dismissed.
This clears the way for the mine to at last be sold after two years in business rescue.