Rob Devereux accused of neglecting Lily mine

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Rob Devereux accused of neglecting Lily mine
NEGLECTFUL: Lily Mine business rescue practitioner Rob Devereux. PICTURE BY Youtube.

Operations have not begun since a R190 million loan agreement with the Industrial Development Corporation (IDC) was signed.


Business rescue practitioner Rob Devereux is being accused of neglecting the Lily mine in Barberton.

And now the creditors want Devereux removed.

This is not the first time the call for the removal of Devereux is made.

In August 2018, Devereux was accused by the same creditors of “delay tactics” and if it wasn’t for him the operations would have long resumed.

Dwaine Koch of the Barbrook Creditors Committee said because of Devereux’s alleged neglect a sub-station at Barbrook was vandalised and stripped.

Lily and Barbrook mines outside Barberton were shut down in 2016 after a shaft collapse that claimed the lives of Yvonne Mnisi, Pretty Nkambule and Solomon Nyerende.

The three workers are still trapped underground and the Vantage Goldfields have pleaded bankruptcy in retrieving their bodies.

City Press over the weekend reported that there was a fresh bid to liquidate the two mines.

This follows doubts that a R22 million promised payment will be made to the creditors.

Koch said as creditors they withdrew their initial liquidation application because they were promised R22 million.

“They also have still not provided proof that they secured the funds from the IDC,” Kosh said of the mining company.

“We are bringing the liquidation motion again,” he said.

(edited by ZK)

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