UDC...E thwaahetse.... Increasing revenues via the Diamond industry 4.3.3.8.2 Re-mining the dumps Our mines at Letlhakane and Orapa are sites to significant tailings. The value of the Orapa tailings is close to value of the Orapa head tailings and the value of the Jwaneng tailings is about 20% of the original head grade. The new Government will insist, as shareholder, on the re-mining of these dumps, without any need for “investigations or studies”, and seek a time-frame for the mining of these dumps, as well as their expected value. 4.3.3.8.3 Facility for mining “large diamonds” Botswana’s flagship mine, the Jwaneng Diamond Mine, mines large diamonds which are currently being broken because of process configuration. It is known that large diamonds could carry higher value, such as is the case at Karowe mine and Lentseng mine in Lesotho. The time is overdue for Jwaneng to house a large diamond recovery process, which Debeers has over the years not agreed to. This transition should allow Jwaneng Mine or Botswana to produce not only higher value diamonds but also will allow for the production of some of the largest high value diamonds in the world. 4.3.3.8.4 Recovery of fine diamonds Our mines also process but do not recover fine diamonds based on the stand-point that these fine diamonds could dilute the value per carat. This is not convincing. Argile mine Australia is mining and recovering fine diamonds (as is Russia) of down to 1 mm or even 0.5 (although of lower quality than our diamonds) to the tune of 35 million
Posted on: Sat, 07 Jun 2014 18:55:47 +0000
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