IGE Resources has entered into a contract mining agreement with Frontier Mining Projects for its Bakerville diamond mine in South Africa.

The agreement enables IGE to ramp up the Bakerville mine operation towards diamond production and cashflow generation without further investment.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Initially, Frontier Mining will take over and continue bulk sampling operations of the underlying geological formations, alongside ore dressing studies, to finalise designs for large scale processing plants, to tackle both potholes and surface deposits.

These results will allow the ramping up to full production over the next two years through the construction of two additional processing plants.

IGE will maintain the current ownership structure of the Bakerville mineral rights, while Frontier Mining will provide the necessary equipment and personnel and operate the mine.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Mining Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Mining Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now