Deals this week: Moolman Mining Botswana (Pty) Ltd, Cornish Lithium

26 January 2017 (Last Updated January 26th, 2017 18:30)

Moolman Mining Botswana (Pty) Ltd has received a six-year contract to perform operations at Lucara Diamond Corp’s Karowe diamond mine in Botswana.

Moolman Mining Botswana (Pty) Ltd has received a six-year contract from Lucara Diamond Corp. to perform mining at the latter’s Karowe diamond mine in Botswana.

Also known as Aveng Moolmans, the contractor will be responsible for drill, blast, load and haul functions for both ore and waste under the deal.

Part of Aveng Mining, Aveng Moolmans expects to begin activities at the property in March this year.

"The contractor will be responsible for drill, blast, load and haul functions for both ore and waste."

Cornish Lithium will explore lithium in the underground hot spring brines in Cornwall, UK, as part of a mineral rights agreement entered with Strongbow Exploration and Mineral Exploration.

Lithium-bearing hot spring brines will be extracted from the property using drill holes.