Freda Rebecca
 

Klipspringer Diamond Mine

Full name:
Klipspringer Diamond Mine
Mwana interest:
Mwana holds 65% of the project.
Geology and history:
The Klipspringer Diamond Mine in South Africa is located 250 km north of Johannesburg and 35 km south of Polokwane, the provincial capital of the Limpopo Province. The mine is a joint venture between Mwana and Naka Diamond Mining (Pty) Ltd (“Naka”), a Black Economic Empowerment company.
The development of the Klipspringer Diamond Mine commenced in 2001 with the construction of a decline down to 7 level (160m) and was in full production by February 2003. Following successful trials through 2006 and 2007, the mine was re-engineered and the underhand open stoping mining method introduced, resulting in a reduced tonnage but an improvement in grade and a reduction in the cost structure.
During the period April 2010 to March 2011 a total of 49,000 tons was mined. This yielded 22,700 carats, including a special stone of 31,25 carats valued at US$ 8,200 per carat. This is the largest stone recovered from the mine to date.
Following a number of severe weather incidents in December 2010 and January 2011, which flooded the shaft bottom and lower (7) level, a decision to stop production and development at Klipspringer for reasons of health and safety, was taken.
The mine is currently in a recovery phase aimed at re-instating infrastructure that was damaged as a result of the flooding. Management are reviewing restart scenarios and timing.
 
Resources:
As part of the mine recovery phase it is planned to generate a computerized model of the mine for resource statement purposes.
Geological maps: