Sallies tumbles

Shares in fluorspar miner Sallies dived 10percent after the company said its chief executive Izak Marais had resigned with immediate effect. Marais' exit comes in the wake of the company's ongoing losses and drawn out legal battle with former client Honeywell. Sallies and Honeywell entered into an arbitration process last year in a bid to resolve the ongoing dispute over the termination of a contract between the two firms. - I-Net Bridge- I-Net Bridge

Shares in fluorspar miner Sallies dived 10percent after the company said its chief executive Izak Marais had resigned with immediate effect. Marais' exit comes in the wake of the company's ongoing losses and drawn out legal battle with former client Honeywell. Sallies and Honeywell entered into an arbitration process last year in a bid to resolve the ongoing dispute over the termination of a contract between the two firms. - I-Net Bridge- I-Net Bridge

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