https://www.miningweekly.com

Kimberley gives go-ahead for Lerala

Kimberley gives go-ahead for Lerala

Photo by Reuters

20th July 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – The board of ASX-listed Kimberley Diamonds has approved the restart of mining activities at the Lerala mine, in Botswana, with some A$14.6-million to be spent on bringing the project into operational readiness.

The miner told shareholders on Monday that a lump sum turnkey contract had now been agreed with South Africa-based Consulmet for the modification of the Lerala plant to enable it to operate more effectively and to allow it to reliably treat some 200 t/h of ore.

Consulmet would be paid some A$9.83-million to undertake the plant modifications, which were scheduled for completion by February 2016.

If the recommissioning programme remained on schedule, Kimberley Diamonds expected first diamond sales to be held in March next year.

The Lerala project has a total resource of 10.3-million tonnes, at an average grade of 31.5 carats per hundred tonnes, equating to some 3.3-million carats.

Once in production, the mine was forecast to have a life of some seven years, treating 1.4-million tonnes of ore a year and producing an average of 357 000 ct/y.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.213 0.249s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: