Lerala dispute heads for out of court settlement

Friday, February 02, 2018

Grinding halt: Workers at Lerala's sister mine have have received full compensation

Lawyers representing government and Kimberley Diamonds are reportedly making progress in out of court negotiations over a parcel of 53,000 carats from Lerala Mine, seized last year in Belgium, BusinessWeek has established.

While both sides have filed papers in Belgium in the case in which the government is suing to recover the stones, Mineral Resources, Green Technology and Energy Security minister, Sadique Kebonang this week said focus was now on pursuing an out of court settlement hopefully by March.

“The nature of liquidation is that it can take forever and so if we can negotiate that, the better for all parties,” Kebonang told BusinessWeek.

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Lerala dispute heads for out of court settlement

Lawyers representing government and Kimberley Diamonds are reportedly making progress in out of court negotiations over a parcel of 53,000 carats from Lerala Mine, seized last year in Belgium, BusinessWeek has established.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply