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Kazera Global hails progress of diamond production in South Africa; expects update on investment in coming weeks


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Investment company Kazera Global said its diamond production in South Africa was nearing levels of self-funding and would soon be able to contribute to the overall costs of the group.
As soon as we are able to start mining heavy mineral sands we anticipate generating substantial profits which will enable us to fund future development, both in South Africa and Namibia, the company said.
Considerable progress achieved at the company s Diamond asset with just over 220ct being sorted in the last month, with a mining grade of 10ct per 100 tons, in line with internal forecasts, it added. ....

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Kazera Global hails progress of diamond production in South Africa; expects update on investment in coming weeks | 23 February 2021

Kazera Global hails progress of diamond production in South Africa; expects update on investment in coming weeks | 23 February 2021
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