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Mining at Mothae. Mining at Mothae involved sourcing of kimberlite material from lower-margin zones of the kimberlite pipe in early-2019. It was later transitioned to the higher-margin southern pit, which produced a 64ct Type IIa D-colour gem, the first commercially produced diamond from the mine.

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In 2022, the four operating mines injected M5.1 billion to Lesotho's economy, in the form of procurement, employees' earnings, taxes and levies: A total of M3.6 billion was spent on procurement of goods and services, of which M2.9 billion was directly spent on local procurement.The total local expenditure was 81% vs foreign expenditure of 19%.

Lesotho's Minerals and Mining Policy – LS Insights

Largely dominated by diamond mining, the sector is expected to contribute more than 10% to the country's GDP in the foreseeable future. The Lesotho mining sector, is perhaps the country's best kept secret. Despite the country having an estimated 405 kimberlite bodies, only a few of these are currently being mined on a commercial scale.

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The value for customs duty purposes is the transaction value, or the price paid or payable. Alternative Calculations: In cases where the transaction value cannot be determined, the price paid for similar goods, adjusted for differences in cost and charges based on distance and mode of transport, is regarded as the transaction value.

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The global textile mills market is forecast to reach $961.0 billion in value in 2021, an increase of 28.5% since 2016. The compound annual growth rate of the market between 2016 and 2021 is

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Firestone Diamonds soars on largest find to date …

Since production began at Liqhobong a year ago, Firestone has recovered 22 stones carats at Liqhobong larger than 10.8 carats, the industry cut off for an exceptional stone, including a 37-carat ...

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