https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

New mining contractor at Botswana diamond mine

Close

Embed Video

New mining contractor at Botswana diamond mine

Karowe diamond mine in Botswana
Karowe diamond mine in Botswana

25th January 2017

By: Martin Creamer
Creamer Media Editor

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

JOHANNESBURG (miningweekly.com) – Mining contracting company Aveng Moolmans is building on its 15-year presence in Botswana with its latest appointment – at Lucara's Karowe diamond mine. 

It has been appointed for a six-year period to provide mining services that include all drill, blast, load and haul functions for both ore and waste at the wholly owned Lucara mine, where mobilisation is under way to ensure a timely start of mining activities from early March.

Advertisement

A member of the Lundin Group, Lucara is listed on the Toronto, Nasdaq Stockholm and Botswana stock exchanges.

As reported by Mining Weekly Online last month, Johannesburg Stock Exchange-listed eXtract subsidiary Eqstra Botswana announced that its five-year opencast mining contract at the diamond mine had been terminated on December 13 after two years.

Advertisement

Lucara president and CEO William Lamb said that since then, ore from the south and centre lobe stockpiles continued to be processed, which is keeping the mine in line to achieve its 2017 production and operating guidance. 
 
Aveng Mining operating group MD Stuart White said his company was looking forward to adding value at the diamond mining operation, which has yielded 1.8-million carats that have generated revenue of $1.02-billion at an average price of $566/ct.

Last month Aveng Moolmans won a contract to establish and mine the Gamsberg opencast zinc operation, which is being developed by Black Mountain Mining, a Vedanta Zinc International operation, in South Africa’s Northern Cape province.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now