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Lerala Diamond mine signs off-take agreement for ROM production

Kimberley Diamonds Ltd (KDL) is pleased to announce that its Botswana subsidiary, Lerala Diamond Mines Limited (Lerala) has entered into an offtake agreement for the sales of diamonds from its Lerala Diamond Mine from September 2016 to February 2017.

The buyer has agreed to purchase all run of mine diamonds produced by Lerala at its Lerala Diamond Mine from 1 September 2016 to 28 February 2017, at prices consistent with KDL and Lerala expectations and recent forecasts