Search

Majestic on track

PERTH-based diamond explorer Majestic Resources NL has completed a due diligence on the its newly acquired Masons Deposit in South Africa and plans to start mining diamonds in the third quarter of this year.

The company paid $1 million to acquire the mineral rights for the diamond concession located about fifty kilometres south-west of Kimberley on the Reit River.

The concession is located on the Schutsekama farm and hosts some eight million to ten million tonnes of near surface palaeochannel

gravels.

Add your comment

BNIQ sponsored byECU School of Business and Law

Students

6th-Australian Institute of Management WA20,000
7th-Murdoch University16,584
8th-South Regional TAFE10,549
9th-Central Regional TAFE10,000
10th-The University of Notre Dame Australia6,708
47 tertiary education & training providers ranked by total number of students in WA

Number of Employees

BNiQ Disclaimer