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Post-Commencement Finance in Business Rescue: What the Mashwayi Judgment Means for Distressed Mining Companies

Post-Commencement Finance in Business Rescue: What the Mashwayi Judgment Means for Distressed Mining Companies

by M0simaAtt0rneys | Jul 8, 2026 | Industry Updates

By Thanny Mosima In May 2026, Petra Diamonds placed the Finsch diamond mine into business rescue. The decision came as collapsing small-stone prices placed unsustainable pressure on an operation that had, in the preceding fiscal year, contributed approximately 34% of...

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