Independent valuation increases Lerala worth

February 23, 2016

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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.

Category: General