Question NW16 to the Minister of Mineral Resources and Energy
24 February 2023 - NW16
Van Dyk, Ms V to ask the Minister of Mineral Resources and Energy
Whether, with regard to the takeover of the management contract from Kernel Resources Proprietary Limited, owned by Mr Christopher Kimber and Mrs Nathiera Kimber, related to West Coast Resources (WCR) that is in business rescue at Koingnaas, wherein Government also apparently holds a 20% stake, he will provide Mrs V van Dyk with a copy of the (a) court order relating to the business rescue of WCR and (b) management contract between WCR and Kernel Resources Proprietary Limited; if not, why not; if so, what are the relevant details?
Reply:
The Mine is under business rescue, which is administered in terms of the Companies Act, 2008. The requested documents can be duly obtained from the Business Rescue Practitioners.