Advanced Search

Lerala Mining Operations Halted to Ease Stockpiles

Oct 30, 2016 6:27 AM   By Rapaport News
Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Pit mining at the Lerala diamond mine in Botswana has been suspended to reduce accumulated ore stockpiles.

Mining rates at Lerala have exceeded the plant’s current ability to process feed, resulting in surplus ore, owner Kimberley Diamonds said. Botswana subsidiary Lerala Diamond Mines asked external contractor Basil Read to pause pit mining at the K3 kimberlite pipe to deal with the situation.

Lerala expects the suspension to continue for three to four months or until stockpiles are reduced.

The move is a “cost-saving measure” and is not anticipated to impact production levels, Kimberley said.
Tags: Kimberley Diamonds, Lerala, Lerala Diamond Mine, Lerala Diamond Mines, mining, Rapaport News
Similar Articles
Alrosa Gokhran newGokhran May Purchase Alrosa Rough
May 13, 2020
Alrosa is in talks to sell a considerable volume of diamonds to Gokhran, Russia’s repository for precious metals and gems.The
© Copyright 1978-2020 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.