Lerala Mine strikes lucrative offtake deal

Thursday, October 13, 2016

Lerala Diamond Mine Limited has inked an offtake agreement for the sale of diamonds from its Lerala mine between September 2016 and February 2017.

The company said yesterday that its subsidiary Lerala Diamond Mine had conducted a tender for its diamonds in late September, with the winning bidder entering into an offtake agreement for all diamonds produced at the mine for a six-month period.

Kimberley Diamonds said prices achieved under the offtake were consistent with the company’s expectations and recent forecasts.

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Lerala Mine strikes lucrative offtake deal

Lerala Diamond Mine Limited has inked an offtake agreement for the sale of diamonds from its Lerala mine between September 2016 and February 2017.

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

Chiefs puzzled by docking of points

Fitness trainer, Zongwane breaks barriers

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Kwa Nokeng Oil sponsors young biker with P120,000

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Routine child vaccination imperative