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Lerala’s fate to be clear by Christmas

Still mothballed: Lerala closed six years ago
Still mothballed: Lerala closed six years ago

Lerala Mine’s future will become clearer by Christmas when the Minerals and Energy ministry decides whether to grant the new owner, Maroon Capital, a licence to restart operations.

Lerala Mine, located in the Tswapong area, closed at the end of May 2017 after its Australian owner, Kimberly Diamonds, ran out of operational cash amidst weak sales. At least 130 workers lost their jobs, with a few others retained for care and maintenance activities.

Maroon Capital, a five-year-old firm majority-owned by Israeli investor, Gilad Shabtai, snapped up Lerala Mine in 2020 but is yet to restart production.

Editor's Comment
A collective responsibility to end FMD spread

As cases continue to threaten herds and rural livelihoods, one simple but critical action can make a powerful difference: strictly adhering to FMD regulations, including refraining from slaughtering cloven-hoofed animals.Cloven-hoofed animals, such as cattle, sheep, goats, and pigs, are highly susceptible to FMD. Slaughter, especially during outbreaks or restricted periods, significantly increases the risk of spreading the virus through...

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