Diamond miner Kimberley Diamonds started production at its Lerala mine in Botswana after completing open-pit mining which it announced last month. First sale is to take place in June 2016.
While informing its shareholders, the firm indicated that full-production would commence in the coming weeks. Also, it highlighted that the treatment plant was designed for an optimized flow and an efficient recovery.
Production started, the lifeline of Lerala mine has been estimated at 7 years. Annual processing rate should be close to 1.4 million tons of ore and annual average production at 357,000 ct.
The Lerala mine, is located in the North-East of Botswana and includes fives diamondiferous kimberlites pipes, and covers 6.66 ha. Kimberley Diamonds owns 100% of the mine.
Louis-Nino Kansoun
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...
Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...
Rwanda, Tanzania agree to deepen cooperation across key sectors Leaders pledge to remove trade barriers, boost regional integration Talks...
The dominant narrative on the World Bank’s contribution through IDA and IBRD to Africa’s industrialization, particularly in sub-Saharan Africa, is...
Guinea explores local smartphone production, inspired by Kenya model Initiative aims to expand access and support digital sovereignty...
Senegal partners Wave to introduce mobile payments in public hospitals System aims to streamline payments, reduce cash use, and improve...
In the far north of Cameroon, near the Nigerian border, lies Rhumsiki, a destination that feels almost untouched by time. Set within the Mandara...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...