Lerala Mine revival will need expatriates � Kimberley
Thursday, August 27, 2015
Lerala Mine has been been closed since 2013
ASX-listed Kimberley Diamonds’ overall project schedule for the A$14.6-million (P105 million) Lerala diamond mine, remains on track, with diamond production to start in February next year.
On Monday, the company stated that while it would endeavour to source and employ local personnel, the Lerala mine would likely require a number of skilled expatriates.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...