KDL rebuffs Lerala sale speculation
Thursday, October 02, 2014
“It has come to the board’s attention that there have been rumours in the market that KDL is attempting or intending to sell Lerala. Such rumours are not true. KDL has no intention of selling Lerala,” the board said in a statement to the ASX.
The Lerala mine, which was acquired in February, contains 3.253 million carats valued at an average price of $74 per carat, while Smoke Creek contains an estimated 6 million carats at an average price of $30 per carat.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...