Debswana set to award mega Cut 9 contract

Late on Tuesday, Mineral Resources, Green Technology and Energy Security Minister, Eric Molale told Parliament that talks with the new contractor were completed in December. He however, did not name the contractor. Cut 9 involves the deepening of the pit beyond 650-metres to tap into an ore body that will yield approximately 48 million carats and support the mine to its end of life in 2034.

Molale said the signing of a mining contract was due soon. “The signing is awaiting finalisation of an agreement between the government and De Beers.