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    Kazera Global CEO Updates Across Business Inc: Mineral Sands, Diamonds & Strategic Shareholder #KZG

    7/12/2023
    281 views
    14:37

    Kazera Global's strategic shareholder, African Mineral Sands (AMS), acquires additional shares, holding 29.9% voting rights. This will greatly influence the company's decisions and growth. The company has received new equipment for its diamond project, Deep Blue Minerals, which increases mining flexibility and targets profitable diamond areas. Kazira sold African Tantalum project to Heya Bi Xingjiang, with proceeds of $4.2M. Currently $1.9M is overdue, but negotiations are ongoing as payments continue to arrive. Relationship with Alexkor, the joint venture partner of Richtersveld Mining Company, is strengthened, aimed at creating local job opportunities and spreading wealth.

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