Question NW233 to the Minister of Mineral Resources and Energy
24 February 2023 - NW233
Van Dyk, Ms V to ask the Minister of Mineral Resources and Energy
Whether he will furnish Mrs V van Dyk with a copy of the new management agreement between Anolascore and the Business Rescue Practitioner, regarding the takeover of the management contract from Kernel Resources Proprietary Limited, owned by Mr Christopher and Mrs Nathiera Kimber, related to the West Coast Resources that is in business rescue at Koingnaas, where Government also apparently holds a 20% stake; 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.
Details of management agreement and all other related information can be obtained, in terms of the provisions of the Companies Act, from the Business Rescue Practitionsers.