JOHANNESBURG – The Ekapa mine in Kimberley has shut down with immediate effect.
The five workers who were trapped underground are now presumed dead.
The company has also applied for liquidation.
Meanwhile, 385 workers have reportedly not been paid this month.
In a statement, the company said: “After careful consideration of all operational, financial and safety factors, the boards and shareholders of Ekapa Resources and Ekapa Minerals have concluded that continuing to operate the business as a mining and processing company is no longer viable.
“With deep regret, Ekapa confirms that a decision has been taken to apply to court to place Ekapa Resources (Pty) Ltd and Ekapa Minerals (Pty) Ltd into liquidation.
“This decision follows a…