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Request for expression of interest for acquisition of 50% shares in Morafe Group (Pty) Ltd

6th May 2025

     

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The Qaqa Diamond Mine is owned by Morafe Group of Companies (75%) and the Government of the Kingdom of Lesotho (25%). Morafe Group was granted a 10 year Mining Lease by Government of Lesotho. Qaqa Diamond Mine is an open pit kimberlite mine.

Morafe Group (Pty) Ltd invites interested investors to submit an Expression of Interest (EOI) for the acquisition of 50% in Morafe Group of Companies (Pty) Ltd.

Qaqa Diamond Mine is between Letšeng Diamond Mine and Mothae Diamond Mine. The mines produce predominantly large Type 11a gem quality diamonds.

QAQA KIMBERLITE MINES 1- 5:

It consists of a number of kimberlite pipes clusters, which, combined, forms a total surface area of 67.4 ha.

Qaqa Mine 1: 8.9 ha, Has processing plant (75 tph) Bulk sampling produces 2.5 cpht of the highest quality diamonds, mostly top & white Type IIa stones.

Qaqa Mine 2: 15 ha. Currently under construction. H as processing plant (30 tph) and infrastructure such as slimes dam, fresh water dams, camp, offices, access road etc.

Qaqa Mine 3: 10.9 ha, Mine 4: 7 ha. Mine 5: 25.6 ha: Compared to Letšeng and Mothae kimberlite pipes, it has been found that there are very common features, especially when it comes to mantle derived rocks. Kimberlite bodies have similar mineral assemblage as Letšeng satellite pipe and the main pipe of Mothae.

THE INTEREST PARTIES ARE REQUIRED TO INCLUDE THE FOLLOWING IN THEIR EOI:

1. FINANCE:

  • Verifiable bank letter confirming availability of funds and facilities.
  • 3 years audited financial statements.

2. PROOF OF EXPERIENCE AND TECHNICAL COMPETENCE

  • Company Profile.
  • Key personnel, including technical team, to run the project.
  • Details of mining projects engaged in.

SUBMISSION OF EXPRESSION OF INTEREST:

ONLY shortlisted bidder will be contacted for site briefing.
• Shortlisted bidders will be given Qaqa terms of reference and relevant documentation.
• Shortlisted bidder will be required to submit detailed proposal on the acquisition and development of Qaqa projects: Mine 1-5.

Interested parties must submit their EOI BEFORE 30th May 2025

The Submission of EOI should be address to:

Nice@qaqadiamondmine.com | mohapik@icloud.com 

Mr Mohapi Nice Khofu

Chief Executive Officer (CEO)

Qaqa Diamond Mine & Morafe Group of Companies 

Cell: +26657683580 [WhatsApp]

*DISCLAIMER: Only shortlisted investors will be contacted. Qaqa Diamond Mine and Morafe Group reserves the right to withdraw the adverts. For more information contact Office@ +26658497585.

Edited by Creamer Media Reporter

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