Business Rescue Auction: Helam Diamond Mine - Swartruggens

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Bidding Starts
Thursday 26 February at 11:00AM
Bidding Closes From
Thursday 5 March at 11:00AM
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Location
Swartruggens, North West
Erf Size
±433.5998ha
Auction Documents

The Bidder's Pack provides all the essential information needed for participating in the auction.

Auction Description

Below you'll find key points about the auction:

OVERVIEW & KEY INFORMATION:

The auction of Helam Diamond Mine presents a rare opportunity to acquire a diamond mining operation underpinned by a 30-year mining title. The asset offering includes diamondiferous kimberlite tailings, waste rock dumps, and substantial established infrastructure comprising 14 houses, 24 family units, and a 70-unit compound, together with large workshops and stores. The operation further includes a 50 TPH Dense Media Separation (DMS) plant and an X-ray diamond recovery plant. During the dewatering and rehabilitation phase, the mine achieved production of approximately 30 000 carats. The operation is further supported by an equipped laboratory, enabling ongoing sampling, testing, and operational analysis.

MINE & PROPERTIES:

LOT 1: Helam Diamond Mine sold as Going Concern

(Included: Portions of the Farm Nooitgedacht 381, Mining right, lease agreement and all machinery, mine shafts, diamondiferous kimberlite tailings, equipment and vehicles.)

LOT 2: Farm Nooitgedacht 381 – JP. ±433.5998 ha

(Ptn 35, 39, 40, 50 & RE of Ptn 9)

(Excluding mining rights, lease agreement, machinery, mine shafts, tailings, equipment and vehicles)

MOVABLE ASSETS:

Mining Equipment, Mine Shafts, Tailings, Machinery & Vehicles

(To be sold in separate lots)

 

ONLINE AUCTION: FROM 26 FEBRUARY 2026

FOR MORE INFORMATION, PLEASE VISIT THE AUCTION WEBSITE: www.venditoronline.co.za

 

CONDITIONS OF SALE:

Bidders Pack and Data Room Available on Request

Access to Data Room Available Upon Signing of an NDA

Pre-Registration & Buyers FICA documentation Required

 

Refundable Registration Fee Payable:

Going Concern: R500 000.00 (Lot 1)

Farm Nooitgedacht: R100 000.00 (Lot 2)

Movable Assets: R20 000.00

 

Buyer’s Premium + Vat Payable

 

Viewing By Appointment

5% Deposit Payable Upon Signing of the Offer (Properties & Going Concern)

Highest Offer is Subject to Confirmation from the Appointed Business Rescue Practitioners

 

Enquiries:

Koop Styger: 082 558 9403

Johan Franken: 082 374 4356

Monique Smit: 072 041 2836

Leonie Jansen: 082 290 0268

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