Liqhobong Project, Lesotho

The Liqhobong deposit has a total indicated and inferred resource of about 90.82 million tonnes, containing as estimated 29.75 million carats. An updated definitive study on Liqhobong has confirmed the robust economic of the project. The study shows the project could recover 1.15 million carats a year. The main treatment plant (MTP) has been designed to treat 500 t/h of ore, which equates to 3.6 millon tonnes a year. Mining and Processing will be contractor operated. Total capital costs are estimated at $185.4 million.