Lerala Mine to reopen next month

In an update to the Australian Stock Exchange, KDL through its Botswana subsidiary, announced that the mining contract has been awarded to Basil Read following a two-stage competitive tender process.

“Basil Read is scheduled to mobilise staff and equipment to Lerala Diamond Mine during the current month of February, with mining anticipated to commence during March. The contract covers the initial five years of mining and may be extended further,” said KDL.