SUBSIDIARY NAME
PRO CIVIL PROPRIETARY LIMITED
COUNTRY
BOTSWANA
SECTOR/ INDUSTRY
MINING
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
MAR 16, 2022
ACQUISITION VALUATION
60 MILLION USD
TOTAL ASSET VALUATION
600 BILLION USD
MINING
PRO CIVIL PROPRIETARY LIMITED: THE PROJECT Lerala Diamond Mine is located in Central District, Botswana. The diamond mine is shovel ready with all infrastructure in place and a valid mining license. Infrastructure comprises of a 100tph processing plant, DMS, office block, staff accommodation, fuel farm and 12 x 320KW diesel generators. The mine comprises of 5 kimberlite pipes with only one pipe that is partially mined. The kimberlite pipes measure approximately 10ha. Total Indicated and Inferred Resource is 19.66 Metric Tonnes with an average of 24.7 cpht and 4,733 000 carats. Life of Mine is 30 years to further mine the remaining kimberlite pipes. The total project cost is estimated at $60 Mill USD. Profit Margin is estimated at 40%.