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(From Business Day (South Africa))
Byline: Rob Rose
Lesotho claim is snag in Letseng mine sale Chief Reporter THE R879m sale of the Letseng diamond mine to the Oppenheimer family's former adviser, Clifford Elphick, faces a hurdle as the Lesotho government is still trying to get its hands on a greater chunk of the mine.
Yesterday, Brett Kebble's former company, JCI, announced that it and other shareholders had agreed to sell 100% of Letseng Investment Holdings to Elphick's Gem Diamonds for R879m nearly 10% below the original R950m price tag understood to have been tabled.
Letseng Investment Holdings holds 76% of the Letseng mine, and the …