Bid online for Botswana’s Lerala Diamond Mine

GOINDUSTRY DoveBid SA’s online auction of Lerala Diamond Mine, which is in liquidation, is expected to attract attention from established and junior miners.

Bidding for the mine in north-east Botswana, 34km north of Martin’s Drift, will open on May 24 and close on May 30. The mine comprises five diamondiferous kimberlite pipes, says GoIndustry’s John Taylor. One pit has been partially developed and mined.

The auction will include the sale of the pits, the resource, the process plant and ancillary equipment.

“GoIndustry, with the liquidators, will assist with the transfer of mining rights, licence, and other regulatory requirements.

“On offer will be the complete processing plant, consisting of a

260tph crushing (primary jaw and secondary cone) and screening circuit

(with high-pressure grinding rollers); 200tph DMS processing plant; final integrated X-ray recovery house and hand recovery and grading; material reticulation of conveyors; thickener plant; tailing dams; diesel generator plant; electrical reticulation; workshops; offices; mine camp; and other equipment.”

Taylor says the final sale will be subject to approval by the ministry of minerals, energy and water resources.

For more details, see www.go-dove.com/ southafrica.