JCI, the South African mining finance house, is considering bids for its Letseng diamond mine in Lesotho said, "Weve always said that while its not actively for sale, everything does have its price,� Brian Gibson, spokesman for the company said in an interview from Johannesburg on Mrach 8, 2006.
�A number of attractive offers have been made, which are enjoying the attention of the board,� he added. JCI and its subsidiary Matodzi Resources together have a 75% interest in the mine. The Lesotho government holds the remaining stake.
JCI has been suspended from Johannesburgs stock exchange since August 1 after it missed a deadline to submit last years financial statements. Its investment in Letseng is held in a separate company as part of the collateral for a 460 million rand loan it was granted on August 30 by Investec Bank, the report said.
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