Petra spends P65m to advance CKGR project

Double efforts: Petra could open the CKGR's second diamond mine
Double efforts: Petra could open the CKGR's second diamond mine

Africa-focused diamond producer, Petra Diamonds says it doubled exploration expenditure at the KX36 kimberlite in the Central Kalahari Game Reserve (CKGR) to $5.7 million (P65 million) in 2015.

In their 2015 annual report published recently, the London Stock Exchange (LSE) -listed company said its exploration expenditure, before depreciation, increased two fold

to $5.7 million from $2.8 million in 2014 due to the work programme underway at KX36 in Botswana, including the costs to relocate and commission the bulk sampling plant at site.

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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