R/€ = 16.49 Change: -0.04
R/$ = 15.22 Change: -0.06
Au 1653.17 $/oz Change: -29.10
Pt 967.27 $/oz Change: -7.39


De Beers identifies actions to further drive safety at its operations

By: Tasneem Bulbulia     12th February 2020 Diamond miner De Beers Group has identified five focus areas that will be advanced across the group’s businesses to further improve safety. The actions were agreed on at the group’s biannual safety summit last week, which brought together CEOs from across the group to deeply engage on Pioneering... 

South African, Botswana coal producers outline prospects for the industry

By: Kim Cloete     3rd February 2020 Coal producers and market players have outlined risks and opportunities for the year ahead as more short-term contracts have been signed with Eskom, junior miners try to carve out a viable way forward and some of the major coal players disinvest from coal assets. While business with Eskom has... 


24th January 2020 Firmly entrenched as an Africa-based diversified heavy engineering company, Raubex Group continues to excel as a world-class player in the heavy construction sector, with a focus on infrastructure development. Founded by industry legend Koos Raubenheimer in 1974, the company has a proud record of... 

Zest WEG Group

24th January 2020 Zest WEG Group, a subsidiary of leading Brazilian motor and controls manufacturer WEG, has a strong commitment to contributing to the development of Africa and has been servicing the mining sector on the continent for more than 35 years. An in-depth understanding of the harsh conditions found... 

Lucara finds partners to cut, polish diamonds from 1 758 ct Sewelô

By: Simone Liedtke     16th January 2020 Diamond miner Lucara Diamond has entered into a collaboration with famous luxury house Louis Vuitton and diamond manufacturer HB Company to manufacture its historic 1 758 ct Sewelô diamond that was recovered from Lucara’s Karowe diamond mine, in Botswana, in April last year. The purpose of the... 

Lucara beats sales guidance on stronger prices 

By: Mariaan Webb     19th December 2019 Canadian company Lucara Diamond Corp, which operates the Karowe mine, in Botswana, has had stronger-than-expected finish to the year, with the final tender "reflecting a more stabilised market environment". Lucara generated sales proceeds of $52.9-million in the final tender held on December 12,... 

Okavango drilling programme confirms prospective copper/silver mineralisation, says Metal Tiger

By: Simone Liedtke     6th December 2019 Aim-listed Metal Tiger’s 2019 Okavango copper project drilling programme has been completed, with six holes successfully proving the presence of D’Kar Formation (DKF) and Ngwako Pan Formation (NPF) stratigraphy. The DKF-NPF contact hosts prospective copper and silver mineralisation, Metal Tiger... 

Kibo advances with reorganising arrangements for Botswana coal project

By: Simone Liedtke     6th December 2019 Africa-focused energy company Kibo Energy has signed the first of a series of agreements to implement the heads of agreement (HoA) with Shumba Energy to reorganise the arrangements for the Mabesekwa coal independent power project (MCIPP) and its associated coal asset in Botswana. The signed... 

Minergy puts Aim-listing on hold

By: Creamer Media Reporter      5th December 2019 Coal miner Minergy, which operates the Masama mine, in Botswana, has put its planned listing on the LSE's Aim on hold as a result of unfavourable market conditions. “We remain committed to listing on the Aim, but current unfavourable market conditions are making it extremely difficult, with... 

Kavango advances exploration in Botswana

By: Tasneem Bulbulia     22nd November 2019 LSE-listed Kavango Resources on Friday announced that core and reverse circulation drilling on its Kalahari Suture Zone Project (KSZ), in Botswana, had intersected a high-level gabbroic intrusive at 53 m from surface in one of the holes (RIT50) drilled. The 1 000 m drilling programme is designed... 

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