Letšeng Diamonds is pleased to announce the recovery of a 129.71ct type II white diamond. This is the tenth greater than 100 carat diamond recovered at the Letšeng Mine this year.
Read MoreLetšeng Diamonds is proud to announce that it has been recognized and awarded the “Most Admired Brand doing good for the society, environment and people” by Brand Africa. This prestigious accolade is a testament to Letšeng Diamonds’ unwavering commitment to making a positive impact on society, the environment and the people of Lesotho. Letšeng Diamonds has long been dedicated to corporate social responsibility initiatives, that include community development projects, environmental conservation efforts and employee welfare programs. The company’s commitment to ethical practices and sustainable business operations has set it apart as a leader in the industry. As the recipient of the Most Admired Brand award, Letšeng Diamonds looks forward to continuing its mission of creating positive change in Lesotho and beyond. The company remains committed to upholding its values of integrity, excellence and social responsibility.
Read MoreLetšeng Diamonds is pleased to announce the recovery of a remarkable 145.55ct type IIa white diamond. This is the ninth greater than 100 carat diamond recovered at the Letšeng Mine this year.
Read MoreAllegations making mention of Letšeng Diamonds in media articles published by the Post and Lesotho Times Newspapers relating to Tholo Energy The Post newspaper (18-24 July, 2024) in Lesotho published content contained in an affidavit provided to the Lesotho courts reportedly by Tumisang Thahanyane, the former COO and CFO of Tholo Energy. In this affidavit, allegations of corruption have been made against a former Letšeng manager. Similar allegations of corruption are also made against a Sasol SA executive manager in relation to the awarding of an explosives transport sub-contract to Tholo Energy from Sasol’s subsidiary Enaex Africa. In addition, the Lesotho Times Newspaper (25–31 July), published content contained in an affidavit provided to the Lesotho courts reportedly by ’Malerato Khutlisi which included similar allegations and statements allegedly made by Letšeng’s lawyers and also by the Directorate on Corruption and Economic Offences (DCEO). These articles and the affidavits referenced therein have brought to the attention of Letšeng various allegations of corruption; these are allegations which Letšeng has noted and takes seriously. As much as these allegations are now in the public domain, it should be noted that they relate to matters that are currently pending before the courts of law. However, because Letšeng is named in these allegations and considering the potential reputational damage that it could carry, it is important for Letšeng to place on record that: A fuel supply contract which existed between Letšeng and Tholo Energy was terminated in 2022. A fuel-supply related criminal case was reported by Letšeng to various law enforcement agencies, including the DCEO in November 2021 and to the police in Letšeng, Mokhotlong in December 2021. It disappointingly appears from Letšeng’s consistent follow up with the relevant authorities that there has not been much progress and that the matter remains under investigation. The relevant authorities have recently requested further additional information as part of their investigations and Letšeng has provided such requested information. The former Letšeng manager implicated in these allegations has not been an employee of Letšeng since 2019. Nevertheless, these allegations are a serious matter that remains subject to further and on-going investigations as the process unfolds. It has also emerged from allegations extracted from the said affidavits that significant payments were made by Tholo Energy to a senior executive of a service provider (Sasol SA) to Letšeng for having assisted Tholo Energy secure the contract for transportation of explosives to the Letšeng mine. Letšeng does not have a direct contract with any service provider for the transportation of explosives, it relies on a 3rd party contractor through Enaex Africa (a subsidiary of Sasol SA) to supply the explosives to the mine. Discussions have been held with Sasol SA who have informed Letšeng that they are investigating the matter and that the they are following due process. Notwithstanding the legal processes and criminal investigations that are ongoing, Letšeng continues to fully assist and cooperate with the relevant authorities and is also conducting its own independent investigations into these allegations. Letšeng remains committed to assist the Lesotho law enforcement and judicial agencies to carry out their responsibilities. This media statement is an official notice issued by Letšeng Diamonds. For any further information regarding this statement please contact the office of the Chief Executive Officer, Letšeng Diamonds on +266 2222 1800.
Read MoreOn Friday the 12th July 2024, Letšeng Diamonds had the honour of welcoming Central Bank of Lesotho Governor, Dr. Emmanuel Letete and the South African Reserve Bank Governor, Mr. Lesetja Kganyago to the Letšeng Diamonds Discovery Centre (LDDC). During the visit, the two Governors, were given a comprehensive tour of the state-of-the-art facilities at the LDDC, showcasing the innovative processesinvolved in diamond exploration and production. The interactive sessions provided valuable insights into the diamond sector’s, and in particular Letšeng’s contribution to the economic landscape of Lesotho.
Read MoreOn Thursday, 4th July 2024, Letšeng Diamonds continued its ongoing commitment to community development and support through quarterly engagement sessions with the esteemed Pae-la-itlhatsoa community. Community members from the nine villages with the Khubelu valley attended the session. The quarterly community engagement sessions aim to foster a deeper connection with the neighboring villages, ensuring that their voices are heard, and their needs are addressed effectively. These engagements also serve as a platform for open dialogue, collaboration and mutual growth. Letšeng Diamonds recognizes the importance of community involvement and values the insights shared during these engagements.
Read MoreLetšeng is pleased to announce the recovery of a 123.20ct type II white diamond. This is the eighth greater than 100 carat diamond recovered at Letšeng Mine this year.
Read MoreOn Wednesday 19th June 2024 Letšeng Diamonds through the Corporate Social Responsibility and Investment (CSRI) Programme donated 11 wonderbags to Pae-la-Itlhatsoa Community Leaders at the ceremony that was held at Pae-la-itlhatsoa. A wonderbag is a non-electric, heat-retention cooker that allows food that has been brought to a boil on a stove fire, to continue cooking forhours after it has been removed from the fuel source. With the scarcity of firewood which is the leading heating system for the communities, wonderbags are seen as a long-term solution. The project is piloted with the Community Leaders with the intention to roll it out to the rest of the community in 2025 if it yields positive results.
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