De Beers sells buffels marine mining right

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De Beers sells buffels marine mining right
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De Beers Group announces the successful sale of the Buffels Marine Mining Right (BMMR), and associated assets, to Kleinzee Holdings Proprietary Limited (Kleinzee Holdings) as of 7 August 2023. The BMMR was De Beers’ last remaining mining right at Namaqualand Mines. De Beers has been conducting rehabilitation activities since it ceased operations on the BMMR in 2010, while looking for a responsible operator for the mining right. Kleinzee Holdings is a consortium led by Melki Mining Proprietary Limited and HolGoun Investment Holdings Proprietary Limited. Through the sale process, Kleinzee Holdings demonstrated extensive mining experience and the requisite resources to operate and further develop the mine.

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De Beers has been conducting rehabilitation activities since it ceased operations on the BMMR in 2010, while looking for a responsible operator for the mining right. Kleinzee Holdings is a consortium led by Melki Mining Proprietary Limited and HolGoun Investment Holdings Proprietary Limited. Through the sale process, Kleinzee Holdings demonstrated extensive mining experience and the requisite resources to operate and further develop the mine.

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