Cut 8 investment reaches P450m

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De Beers has thus far pumped P450 million into the mammoth Cut 8 project, with recovery of diamonds scheduled for 2016.

According to Anglo American's full year 2013 results, project expenditure, including infrastructure expenditure, is likely to total approximately $3 billion. 

De Beers is a subsidiary of Anglo American, which holds 85% equity in the diamond firm.

Editor's Comment
Our food safety matters

We commend the GCC inspectors for their vigilance in uncovering serious hygiene violations at establishments like Pick 'n Pay (South Ring Mall), Bravo Restaurant (Main Mall), Chicken Twist (Bonnington), Spar (Main Mall Bakery and Butchery), Choppies Butchery, Pie Time, and Fours Bakery. Their decisive action which includes temporary closures, confiscation of unsafe food, and laying charges sends a powerful, necessary message: food safety is...

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