South African mining tycoon Daphne Mashile-Nkosi could lose her mine over a $375 million debt
A court cleared the IDC to put Kalagadi Manganese into business rescue over $375 million. The lender was Daphne Mashile-Nkosi's first backer.
Kalagadi Manganese
South African tycoon Daphne Mashile-Nkosi built a $1.3 billion manganese complex from nothing
Daphne Mashile-Nkosi started with no collateral and built a $1.3 billion manganese complex housing the world's largest sinter plant.