Thabex is a Junior Mining and exploration company listed on the JSE in Johannesburg South Africa and is developing a kimbertile deposit in Lesotho. Thabex has a joint venture agreement with De Beers subsidiary Namdeb in Namibia
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PROJECTS
7. Taung Diamond Mines Ltd (“Taung Diamonds”)
Cinprop 0002 (Pty) Ltd, 10% held by TaungDiamonds, was successful in being granted a Prospecting Right for alluvial diamonds over a portion of the farm Taung Reserves 894 NY from the DME. The invetsment in Cinprop 0002 was impaired in full as no audited financial statements could be obtained from the directors of the company.
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