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- Title
Lesotho.
- Abstract
The article reports that the construction of Gem Diamonds Ltd.'s second processing plant at the Letseng open diamond mine in Lesotho is nearing completion. Following final commissioning of the plant, the processing capacity of the mine will double from 2.6 million t/year to 5.2 million t/year. Letseng is operated by Letseng Diamonds Ltd., which is 70 percent-owned by Gem Diamonds and 30 percent-owned by the Lesotho government. The additional processing capacity would halve the life of the mine from 70 to 35 years.
- Subjects
LESOTHO; GEM Diamonds Ltd.; DIAMOND industry; DIAMOND mining; MINES &; mineral resources; STRIP mining; LETSENG Diamonds Ltd.; STOCKS (Finance); NONMETALLIC minerals industry
- Publication
Africa Research Bulletin: Economic, Financial & Technical Series, 2008, Vol 45, Issue 4, p17826
- ISSN
2053-227X
- Publication type
Article