PRECIOUS METALS

KDL's Chinese loaner drags feet

KIMBERLEY Diamonds Limited is still waiting on $1.8 million from its Chinese loaner to support the recommissioning of its Lerala mine in Botswana.

Marion Lopez
Kimberley Diamonds Limited is still waiting on $1.8M to support its Lerala mine in Botswana.

Kimberley Diamonds Limited is still waiting on $1.8M to support its Lerala mine in Botswana.

Zhejiang Huitong Auction is lending KDL $10 million towards the project. After freeing $5 million in June, Zhejiang was supposed to pay the remaining $5 million Friday, but KDL said it agreed to receive...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.