Kazera recovers first diamonds following installation of new processing equipment
Published by Jody Dodgson,
Editorial Assistant
Global Mining Review,
The development marks a significant step towards DBM becoming a self-sustaining, cash-generative operation.
Dennis Edmonds, CEO of Kazera Global plc, commented: “This is a landmark moment for both DBM and Kazera. Our investment in new technology has already delivered results that substantially exceed management expectations. With a significant and continually replenished stockpile ready for treatment, we now have a clear pathway towards regular diamond sales and revenue.
“We expect our diamond operation to now progress from being a ‘nice to have’ into a major revenue generator in its own right. The on-site team has worked tirelessly to achieve this milestone and I wish to thank them for their efforts. I am confident we are now well positioned to unlock the full potential of this exciting diamond asset.”
Following a period of optimisation, the company is pleased to report that DBM has successfully recovered its first diamonds using its new pulsating jig and Flowsort technology. DBM has also built up a substantial stockpile of diamond-bearing gravels on site, which is currently being processed. These gravels are a by-product of the Group’s HMS operation.
While final sorting and valuation are still underway, early indications suggest that approximately 45 carats, comprising 89 stones, have been recovered from the first 100 t of screened diamond gravels processed at the site. This initial recovery rate is approximately three times greater than the company’s original recovery forecast. In addition, the average size of the recovered diamonds exceeds those typically seen in the area, which is expected to result in a premium on sale. Consequently, the realised price per carat is anticipated to be approximately US$100 higher than the group previously expected.
Sales are conducted on a regular basis by Alexkor SOC Limited, the South African government-owned entity which holds the rights to all diamonds in the area. The next sales date has yet to be confirmed. The board expects that ongoing treatment of the diamond gravel stockpile will yield a steady stream of additional stones, providing the group with a regular revenue stream from diamond sales going forward.
The DBM operations are located within the 80 km-long Alexkor diamond fields in the prolific diamond-producing Alexander Bay region of South Africa, situated between two historic De Beers mining sites. The company intends to continue optimising operational efficiencies and to build a sustainable, long-term production capacity at the site.
Read the article online at: https://www.globalminingreview.com/handling-processing/08092025/kazera-recovers-first-diamonds-following-installation-of-new-processing-equipment/