Our Assets

Kazera Global holds a 100%  direct interest in Deep Blue Minerals, a diamond mining operation in Alexander Bay, South Africa; of which 74% is held beneficially by Kazera and 26% is held on behalf of Black Economic Empowerment Partners. The project was initially acquired in June 2020 and since then the Company has acquired the necessary mining equipment, recruited and trained all necessary personnel and begun extracting diamonds.

Kazera currently has a 70% interest in Whale Head Minerals together with the benefit of a loan facility entitling it to receive approximately £38m out of dividends from the other shareholders.  The potential for Heavy Mineral Sands within the vicinity of Alexander Bay/Port Nolloth was recognised as early as 2016.

As announced on 20 December 2022, Kazera has agreed to sell its interest in African Tantalum (Pty) Ltd ("Aftan") for a cash consideration of US$13 million plus a debenture payment equivalent to 2.5% of gross sales of produced lithium & tantalum for the life of the mine. Completion of the sale is subject to receipt of full consideration proceeds. Aftan has been deconsolidated from the Company's financial statements with effect from 4 January 2023 because in accordance with the terms of the sale agreement, it relinquished control of Aftan in favour of the purchaser, Hebei Xinjian Construction Close Corp. ("Heibei Xinjian") with effect from that date. Kazera retains the right to cancel the transaction and retain all amounts paid to date in the event of default by Hebei Xinjian.