World’s largest kyanite miner to be wound-up for mismanagement

By Laura Syrett
Published: Friday, 31 August 2012

KMC accused of oppressing minority shareholders and misapplying assets

US kyaniteminer Kyanite Mining Corp. (KMC) has been ordered to “wind up and liquidate the business and affairs of the corporation” following a court decision that the company mismanaged its assets and treated its shareholders unfairly.

In a ruling issued yesterday, Fairfax County circuit judge, Jane Marun...

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