Lerala Mine to reopen this year

Wednesday, February 26, 2014

Australian Stock Exchange listed Kimberley Diamonds plans to bring the Lerala Diamond Mine back into production this year after wrapping up the acquisition of the mine promoters, Mantle Diamonds.

In a statement released on Monday, Kimberley Diamonds said that it would target yearly output of 400,000 carats per year from Lerala over the next six years.

The mine, situated in the Central District, which was placed on care and maintenance in July 2012, comprises five diamondiferous kimberlite pipes totaling 6.66 hectares.

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Lerala Mine to reopen this year

Australian Stock Exchange listed Kimberley Diamonds plans to bring the Lerala Diamond Mine back into production this year after wrapping up the acquisition of the mine promoters, Mantle Diamonds.