The Global Resource For Connecting Buyers and Sellers

Independent valuation increases Lerala worth

The share price of ASX-listed Kimberley Diamonds finished 25% higher on Wednesday after the company announced an independent valuation of its Lerala diamond mine, in Botswana.

Mineral resource consultancy Venmyn Deloitte has valued the Lerala diamond mine at some A$105-million, which was 24% higher than Kimberley’s in-house valuation of A$85-million.