Diamond Project

Mining is undertaken under contract from Alexkor, a government owned entity, who have the rights to all the diamonds in the area. In 2020, Deep Blue had a sub contract to mine diamonds, but absolutely no equipment. Since then, the company has acquired its own mining contract as well as all the equipment required to successfully mine and process diamond gravel. Part of the deal with Alexkor was that Alexkor would process the diamond gravels, but their plant at Muisvlak has worked intermittently or not at all, which has meant that contractors have been mining gravel with no way to process it, and accordingly no way to produce diamonds for sale. Many contractors have been forced out of existence. In 2022, Deep Blue agreed with Alexkor, that it would step in and get the plant back into operation, which it did. Unfortunately, Alexkor had imposed a structure on Deep Blue which simply did not work, so Deep Blue withdrew from the plant, which once again immediately ceased operation. The company then set about building its own processing facility, which it has now done, and which is capable of handling the same volumes of raw material as the entire Muisvlak plant was capable of doing.