Klipspringer JV Project
Klipspringer JV
Country South Africa 
Province Northern province
Status PRODUCTION 
Surface 300 km² / 74,130 acres
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Produces Diamonds -
Develops
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Last updated on 11/22/2010 - Terms of Use
Risk and valuation analysis of the Klipspringer JV Project
Status Risk : Production
Country Risk : Important
Title(s) of the Klipspringer JV Project
Lonrho Mining Limited
Joint venture: 20%
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The Klipsringer Joint Venture (“KJV”) is a joint venture project currently held 56% by Southern Era (the operator) and 44% held by Naka, a South African registered BEE company. Nare holds an interest in the KJV via a 45% interest in Naka, which gives Nare an effective 20% of the KJV.
Location of the Klipspringer JV Project
The KJV is comprised of several contiguous farms situated in the NorthernProvince of the RSA, approximately 30 km east of the town of Mokopane. Mokopane is situated 60 km south of the capital city of the Northern Province, Polokwane, on the main tarred road (N1) between Johannesburg and Polokwane.
 
Geology of the Klipspringer JV Project
The KJV farms contain a small kimberlite pipe which has been mined out (the Marsfontein M1 pipe), and a set of kimberlite fissures with a few associated kimberlite blows
 
Data last updated on : 6/30/2005
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