Deal #5549

Lesotho
Created at
2017-06-15
Last update
2020-08-11
Last full update
2017-06-15

Land area

Size in operation (production)
  • [2019, current] 1547.0 ha
Comment on land area
Area in operation derived from the Mapathon 2020.

Intention of investment

Intention of investment
  • [2019, current] Mining (1549.0 ha)
Comment on intention of investment
Area in operation derived from the Mapathon 2020.

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
Original lease granted in 1999.

Negotiation status

Negotiation status
  • [2006, current] Concluded (Contract signed)
Comment on negotiation status
Previously opened in 1960's, however operations ceased by 1980's. Reopened on 2004 and Gem Diamonds acquired the mine in 2006.

Implementation status

Implementation status
  • Startup phase (no production)
  • [2019, current] In operation (production)
Comment on implementation status
Derived from Mapathon 2020.

Contract farming

Contract farming
No