Maroon Capital, owned by Israeli investor Gilad Shabtai, will be required to recommence operations at the mine, potentially bolstering the local economy and employment opportunities. The mine, previously owned by various international firms, is anticipated to restart operations imminently, with plans to commence by mining Lerala’s tailings dump.
Minerals and Energy minister, Lefoko Moagi confirmed the latest development this week when laying his ministry’s 2024–2025 budget before Parliament. Maroon Capital bought Lerala Mine in 2017 but did not start production immediately owing to licensing issues.
