Petra Diamonds Awards Shaft Deepening Contract

Mineweb reported Petra Diamonds (LSE:PDL) has awarded Murray & Roberts Cementation a contract to deepen two shafts at its Cullinan diamond mine.

As quoted in the market news:

The contract is part of a major expansion plan at Cullinan, which will take production from just under 1 Mct in 2011 to 2.4 Mct/y by 2019, incorporating 2 Mct from underground production and 0.4 Mct from a major tailings program. The mine is currently producing about 9,200 t/d from three mining blocks on two horizons at the mine.

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