Rockwell loses bid to have liquidation hearings brought forward

Dual-listed alluvial diamond miner Rockwell Diamonds’ move to file for business rescue to ensure any liquidation order is automatically stayed, has inadvertently removed the “urgency” it sought to establish by bringing forward the hearing date for the interim liquidation order against three of its subsidiaries. Following the March 23 interim liquidation order against subsidiaries Rockwell Resources RSA, HC van Wyk Diamonds and Saxendrift Mine Limited owing to an application launched by former Rockwell contractor C-Rock Mining, Rockwell approached the Kimberley High Court to have the June 22 liquidation hearing date brought forward to “as early as possible” to have the merits of the company’s liquidation application rebuttals adjudicated.