DIAMONDS
Contract miner Basil Read Mining Botswana (BRMD) has announced an immediate cessation of all mining operations at Lerala Diamond Mine (LDM), which is owned by Australian gem miner Kimberely Diamonds. BRMD, which was contracted to conduct mining operations on behalf of Kimberley Diamonds Limited (KDL), said it would be forced to retrench some employees to avoid incurring losses during the period of redundancy.
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