Johannesburg - De Beers is planning to invest R15bn into its Venetia mine to extend its life to 2050, the diamond group's CEO Phillip Barton said on Wednesday.
Speaking before parliament's Portfolio Committee on Minerals, Barton said a R150m study would be completed by February to be presented to his board in March.
"It is vital that we start the investment next year," Barton told the committee.
Speaking before parliament's Portfolio Committee on Minerals, Barton said a R150m study would be completed by February to be presented to his board in March.
"It is vital that we start the investment next year," Barton told the committee.