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Source: SA firm loses Mbada asset claim ... Mbada’s assets were last year attached over a US$18 million debt owed to Pungwe Mining Company, but Genet Mining ...
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Mbada has struggled to service its debt since, and Pungwe Mining Company – owed $18 612 510 by Mbada – has now attached the property in a bid to recover its money.
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A South African mining firm has lost its claim that some of its mining equipment was wrongly seized in a swoop on…
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The biggest creditor is Pungwe Mining Company, owed US$18 612 510. The company specialises in mining equipment and has been fighting vigorously to recover its money.
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Mbada Diamonds' equipment attached. ... and Pungwe Mining Company - owed $18 612 510 by Mbada — has now attached the property in a bid to recover its money.
Jun 09, 2017· SA firm loses Mbada asset claim. ... Mbada’s assets were last year attached over a US$18 million debt owed to Pungwe Mining Company, but Genet Mining ...
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