R/€ = 16.39 Change: -0.01
R/$ = 14.50 Change: -0.01
Au 1313.16 $/oz Change: 0.80
Pt 844.00 $/oz Change: -21.74


Drilling rig, loader introduced onto African drilling market

22nd March 2019 Mine exploration and drilling innovation service provider Boart Longyear has introduced its LF160 surface coring drill rig and FL262 Freedom loader into the African market. The LF160 and FL262 were available for viewing at an official presentation held at the company’s Robertville site in... 

Tanzania launches gold trading centre to fight smuggling

By: African News Agency      19th March 2019 Tanzania has followed South Africa and Botswana with the launch of an international gold trading centre in the gold-rich region of Geita as part of its efforts to fight the smuggling of minerals, according to a report on Tuesday. South Africa has a gold exchange hub while Botswana has a diamond... 

Culverts an integral component for water, road and mining infrastructure projects

By: Creamer Media Reporter      19th March 2019 The main function of culverts is to manage the flow of water from one side to the other of an ‘obstruction’. This can be a road, railroad, trail or other structure constructed in either the natural or designed flow path of the water. Factors to be considered before design and installation are the... 

Debswana starts Jwaneng mine extension project

By: Marleny Arnoldi     18th March 2019 The Debswana Diamond Company (Debswana) on Monday announced the start of its Cut-9 project, which is aimed at extending the life of the Jwaneng mine, in Botswana, to 2035. The project is expected to yield an estimated 53-million carats of rough diamonds from 44-milllion tonnes of treated... 

Kavango completes Phase 2 AEM survey at Botswana licences

By: Tasneem Bulbulia     18th March 2019 SkyTEM has completed Phase 2 of the airborne electromagnetic (AEM) survey over the northern section of LSE-listed Kavango Resources’ prospecting licences that cover much of the Kalahari Suture Zone (KSZ) structure, in southwest Botswana. The AEM survey covered about 2 100 line kilometres to the... 

Thiess wins A$1.7bn Botswana contract

By: Esmarie Iannucci     18th March 2019 ASX-listed Cimci’s mining services provider subsidiary Thiess has been awarded a A$1.7-billion contract at the Jwangeng diamond mine, in Botswana. Thiess, through its 70%-held joint venture Majwe, will provide a full scope of mining services for Debswana Diamond Company, over a period of nine... 

Botswana's Debswana targets diamond output of 24m carats in 2019

By: Reuters     15th March 2019 Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, aims to keep production at around 24-million carats this year, its managing director said on Friday. Debswana lifted diamond output by 6 percent to a four-year high of 24.1-million... 

Businesses encouraged to do more business in Africa

15th March 2019  Mining has long played a crucial role in the development of African nations, with the continent being renowned for having the largest mineral resources in the world. While gold ranks number one among African mining resources, the continent has a number of other valuable minerals including... 

Chicago Pneumatic carries MTE sponsorship success into 2019

14th March 2019 Following a highly successful year of sponsorship at the 2018 Mining & Technical Exhibitions (MTE), Chicago Pneumatic was once again geared up and ready to display their vast generator expertise on 31 January 2019 at the launch of this year’s first MTE at Cullinan in Gauteng. “Chicago Pneumatic... 

Botswana sees lower mineral revenues in 2019

By: Reuters     8th March 2019 Diamond-rich Botswana expects mineral revenues in the 2019/20 fiscal year to drop by 4% to 13.6-billion pula ($1.26-billion) due to a decline in royalties and dividends, a minerals ministry budget document showed on Thursday. Mineral Resources Minister Eric Molale said in the document that global... 

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