ON April 14, in an article headlined ‘Court dashes miner’s hopes’ by John Grobler, it was erroneously stated that Judge John Manyarara ordered the application by Black Range Mining to be struck from the roll. This is in fact incorrect as the Judge decided that an application to strike out certain averments made in the affidavits was successful, the application having been brought by the respondents. The matter then proceeded on the merits after which the Judge informed the parties he would take time to consider his judgement.
Lawyers for Black Range Mining, Koep & Partners, also pointed out that the assertion in the article that Gilbert and Nikolaenka were in 2007 convicted of so-called ramping, was factually incorrect and that no one was charged with an offence nor was anyone convicted.
Reefton shares were never delisted by the Australian Securities Exchange, according to Koep, and are still quoted under the new company name of Magna Mining NL. That the company withdraw its UK AIM listing sometime afterwards for financial reasons, was in no way associated with its Namibian operations.
We herewith correct abovementioned and a more comprehensive report will be published at a later stage.
– Editor
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