DiamondCorp mulls legal challenge to safety stoppage at Lace mine
DiamondCorp is considering a legal challenge to a week-long safety stoppage at its Lace diamond mine in the Free State, which has fallen behind its production schedule and put the company under financial pressure. There was a fire on a dump truck "just inside" the portal that provided access to the underground mine, the London- and Johannesburg-listed company said on Thursday, adding the blaze was extinguished without injury. However, the Department of Mineral Resources (DMR) ordered a safety stoppage at the mine, which is DiamondCorp’s single asset and one the company has been developing for a number of years. "The instructions issued by the DMR include a request for an ‘external ventilation audit team to inspect the mine for smoke and other gases’," DiamondCorp said in a statement. "Mine management is struggling to find logic in the instruction and is considering its options, including legal means of redress. The company expects that underground mining operations will remain suspe...
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