�Lerala Mine was run from Australia�

Lerala Mine was put in final liquidation two months ago
Lerala Mine was put in final liquidation two months ago

All strategic decisions regarding the running of Lerala Mine were taken in Australia, a situation that made it difficult for the local management to execute their duties effectively, provisional liquidator of the collapsed mine says in a report.

The mine was put under provisional liquidation by the High Court in June this year, with final liquidation confirmed in September.

Provisional Liquidator, Kopanang Thekiso said discussions with the local directors of Lerala Diamond Mine together with some of the officers of the company reveal a story of a company that seemed to lack a cohesive strategy and direction of how and what it actually wanted to achieve.

Editor's Comment
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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