JSE terminates KCM’s listing

[miningmx.com] — THE Johannesburg Stock Exchange on
Friday advised that the listing of Kimberly Consolidated Mining (KCM) would be
terminated next month.

The local bourse said that the listing would be halted from the start of business on November 8 “due to the company’s non-compliance with the listings requirements”.

The company’s shares have been suspended on the JSE since July 2009 for failing to submit certain financial reports on time.

The troubled South African diamond-mining junior said in August that it had
planned to focus on restoring financial stability.