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The Finsch diamond mine, located near Lime Acres, 165km west of Kimberley in the Northern Cape province, is one of seven operations managed by De Beers Consolidated Mines (DBCM), formed in July 2004 as the wholly owned South African mining subsidiary of Luxembourg-based DB Investments / De Beers.
Strip mining methods are used and the ore is crushed, washed and screened before being railed to Highveld. Ferrex holds a 74% interest in the Malelane iron ore project, which incorporates prospecting rights over a 4,192 hectare tenement in Mpumulanga. Feasibility and environmental studies are currently underway.