Rockwell subsidiaries face potential liquidation

Dual-listed Rockwell Diamonds has suspended mine production activities and work to complete the Wouterspan wet plant as some of its subsidiaries face a liquidation bid by mining contractor C-Rock Mining Limited (CML). Rockwell on Friday reported that the implementation of a mining agreement with HC Van Wyk Diamonds (HCVW) and CML, as well as other related agreements among HCVW, the Saxendrift mine (the subsidiaries) and CML, have not proceeded.