News: KDL Kimberley Diamonds updates on temporary suspension of pit mining operations in K3...

Oct 24 (Reuters) - Kimberley Diamonds Ltd (KDL)

• "We have become aware of some incorrect media articles in botswana which have reported that lerala diamond mine has closed"
• Information mentioned in news reports that lerala diamond mine has closed is factually incorrect
• Lerala has asked basil read to temporarily suspend their pit mining operations in K3 Kimberlite Pipe
• "This is cost saving measure while lerala implements performance improvement plan, & is not expected to impact on expected production levels"
• Basil read has now temporarily ceased all in-pit operations until further notice
• Lerala expects suspension to continue for 3-4 months or until stockpiles are reduced and mining is required to re-commence