The company said the mine was scheduled for closure during July 2002, but, with closely monitored mine development, the mine life was extended until end of January 2003 producing an additional 32 201 carats. Consideration is being given to treating the old tailings dump consisting of plant and also finalrecovery tailings in joint venture with a black economic empowerment (BEE) partner and full-scale rehabilitation by a BEE contractor will commence during July 2003. This project has been in operation since the early 1970s and produced well over a million carats. The vast majority of former Hondeklip Bay employees were retrained and deployed at our other operations.
March 31, 2000
The processing plant was recommissioned in Sep/99 after being shut down in Nov/98.
June 30, 1996
Proven reserves provide a further 2 yr of life, and infer a possible 3 yr at current production levels.