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Diamond sector must do more to tackle transparency challenge – rights groups

By: Anine Kilian     31st August 2018 The diamond industry continues to be tainted by links between diamonds and human rights abuses, conflict finance and corruption. This is according to Global Witness conflict resources campaign leader Michael Gibb, who notes that, although the diamond industry is not the only sector facing these... 

Diamond sector must do more to tackle transparency challenge – rights groups

By: Anine Kilian     31st August 2018 The diamond industry continues to be tainted by links between diamonds and human rights abuses, conflict finance and corruption. This is according to Global Witness conflict resources campaign leader Michael Gibb, who notes that, although the diamond industry is not the only sector facing these... 

Angolan companies looking to find and exploit local gold and diamond reserves

By: Rebecca Campbell     13th July 2018 The Angolan Government has granted four new prospecting concessions for gold, the Macauhub news agency has reported. All four concessions have gone to partnerships formed by the State-owned Empresa Nacional de Ferro de Angola (Ferrangol – the National Iron Company of Angola) with various private... 

Mining can be a major driver of development in poor countries – ICMM

By: Marleny Arnoldi     10th July 2018 The lives of people living in countries whose economies are dependent on mining have, on average, improved faster than those of people in other countries over the past 20 years, a report by the International Council of Mining and Metals (ICMM) has found.  

Morrocan king to sign trade, mining deals with Congo republic

By: Bloomberg     26th April 2018 Moroccan King Mohammed VI will sign a series of investment agreements in a visit to Congo Republic this weekend, Environment & Tourism Minister Arlette Soudan-Nonault said. Mohammed will travel to the Central African nation for an April 28 summit of leaders to discuss the Congo Basin Blue Fund,... 

Services provider targets sub-Sahara

By: Melissa Zisengwe     13th April 2018 Dubai-based remote site construction and services provider RA International (RA) aims to introduce its broad service-offering to the sub-Saharan Africa mining industry. The company aims to provide a variety of packaged solutions, such as turnkey accommodation, facilities maintenance, plant and... 

On-The-Air (23/03/2018) 

By: Martin Creamer     23rd March 2018 Anglo American has embarked on a very ambitious job-creation programme. Advisory firm Deloitte this week launched Intelligent Mining to encourage digital transformation in South Africa’s biggest industry; South African business luminary Patrice Motsepe has expressed the firm belief that South... 

Gem smuggling thwarts revival of Central African Republic

By: Bloomberg     29th November 2017 In the lounge of a luxury hotel in Bangui, the capital of war-torn Central African Republic, soft-spoken diamond dealers cautiously sidle up to guests. Their whispered offers of gems for sale are a visitor’s first hint of the thriving illegal market for the precious stones in a country that five... 

Central African Republic, South Africa ink mineral development MoU

By: Ilan Solomons     25th August 2017 A memorandum of understanding (MoU) between the Central African Republic (CAR) and South Africa has been entered into based on “friendship and common interests” to cooperate on mineral and upstream petroleum development. CAR Minister of Mines, Energy and Hydrology Leopold Mboli-Fatrane earlier... 

Diamonds bring new life to war-torn Central African Republic

By: Bloomberg     24th July 2017 Rough diamonds enabled Abdoul Raouf to marry three women and put his nine children through school. Now that his town in western Central African Republic can legally export the gems to world markets again, his neighbors are expecting similar fortunes. “Diamonds are my life,” said Raouf, who trades... 

Social media fuelling illicit diamond trade in Central African Republic – report

By: Ilan Solomons     21st July 2017 A new undercover investigation by international watchdog organisation Global Witness has uncovered how diamond smugglers are making use of social media platforms as they seek to get diamonds linked to the ongoing violent conflict in the Central African Republic (CAR) out of the country and into... 

Having stemmed flow of conflict diamonds, new WDC acting president to stay course

By: Henry Lazenby     15th July 2017 The World Diamond Council (WDC) will stay its course, focused on its primary mission of curbing the trade in conflict diamonds, under new acting president Stephane Fischler, who took the helm on July 1 from Andrey Polyakov, who has resigned. “We have succeeded in almost totally eradicating... 

UN sends troops to CAR diamond-mining town

By: Bloomberg     17th May 2017 The United Nations (UN) said it plans to deploy more peacekeeping forces in the Central African Republic (CAR) diamond-mining town of  Bangassou to stem a recent wave of violence. Almost three quarters of the 35 000 inhabitants of the southeastern town need humanitarian assistance following the... 

Despite slower growth, China still key market for miners and Africa

By: Keith Campbell     21st April 2017 There can be no doubt that, for the past two decades-and-a-half or so, the biggest single influence on the global mining industry has been China. Between 2002 and 2012, that country experienced an annual average real gross domestic product (GDP) growth rate of 10.4%, compared with India’s 7.6%,... 

Despite slower growth, China still key market for miners and Africa

By: Keith Campbell     21st April 2017 There can he no doubt that, for the past two decades-and-a-half or so, the biggest single influence on the global mining industry has been China. Between 2002 and 2012 that country experienced an annual average real gross domestic product (GDP) growth rate of 10.4%, as against India’s 7.6%, the... 

SA-based company partners with Chad to develop country’s nascent minerals sector

By: Ilan Solomons     3rd March 2017 Gold mining, refining and resources development company Quaestec Gold Africa Resources has partnered with the government of Chad to develop the Central African country’s nascent mineral resources sector, says company CEO Charles Fourie. Chad’s gold deposits occur over 1 200 km, from the south to... 

SA-based company partners with Chad to develop country’s nascent minerals sector

By: Ilan Solomons     3rd March 2017 Gold mining, refining and resources development company Quaestec Gold Africa Resources has partnered with the government of Chad to develop the Central African country’s nascent mineral resources sector, says company CEO Charles Fourie. Chad’s gold deposits occur over 1 200 km, from the south to... 

Central African Republic diamond audit mooted

By: Martin Creamer     19th December 2016 A request for proposals has been issued for the audit of rough diamond stockpiles in the rehabilitating Central African Republic (CAR). A key condition is that the audit be conducted under the supervision of the Kimberley Process monitoring team to ensure full transparency. 

Bloody diamonds entering the market now only 0.2% of global supply

By: Dylan Slater     2nd December 2016 The ban on diamond exports from conflict zones is proving successful in curbing so-called ‘conflict diamonds’ from being sold into official and black markets, thereby reducing their use as a potential source of finance for rebel groups. This is according to nonprofit diamond industry... 

Bloody diamonds entering the market now only 0.2% of global supply

By: Dylan Slater     2nd December 2016 The ban on diamond exports from conflict zones is proving successful in curbing so-called ‘conflict diamonds’ from being sold into official and black markets, thereby reducing the resources’ use as a potential source of finance for rebel groups, according to nonprofit diamond industry... 

Randgold CEO Bristow ‘super excited’ about Africa as ‘next China’ 

By: Martin Creamer     26th September 2016 Africa needs investments coupled with aggressive growth and if correctly managed, will be the world’s "next China", says Randgold Resources CEO Dr Mark Bristow, who has developed half a dozen highly successful gold mines on the continent besides traversing its length and breadth on his motor... 

Lucapa eyes Aim listing, to hunt for new diamond assets in Africa

By: Esmarie Iannucci     8th September 2016 ASX-listed diamond miner Lucapa has flagged plans for a possible listing on the London Aim exchange, as well as plans for further project acquisitions. The company is looking to build on the success achieved at its Lulo mine, in Angola, where it recovered a 38.6 ct pink diamond this week,... 

Rough diamond valuation global industry challenge

3rd June 2016 Rough diamond valuation remains a challenge that is not limited to one country, one diamond centre, or the government-led certification scheme the Kimberley Process (KP), it is a critical challenge for the entire diamond industry, says United Arab Emirates (UAE) KP chair Ahmed Bin Sulayem.... 

Key speaker to address investment options at Indaba

By: Mia Breytenbach     22nd January 2016 International financial institution World Bank Group VP Makhtar Diop will be a key speaker at this year’s Investing in African Mining Indaba as well as being part of the market panel titled ‘Driving Investment in African Infrastructure - what are the investment options?’. The Mining Indaba will... 

George Roach

By: Martin Creamer     17th April 2015 Executive chairperson and CEO of Premier African Minerals, which listed on Aim in London in December 2012; it began as the largely privately funded G&B African Resources in 2007 

Western Australia no longer world's best mining destination

By: Esmarie Iannucci     4th March 2015 Western Australia is no longer the world’s top jurisdiction for mining investment, the latest survey by Canada’s Fraser Institute has shown. Moving up three spots in the survey’s investment attractiveness index, Finland is now considered the best address for mining and exploration investment.... 

Resources Watch 

By: Creamer Media Reporter      27th November 2014 This week: Technology initially developed for the oil and gas industry enables the visualisation of the subsurface of an entire mining area. The Central African Republic is the new ‘blood diamond’ hub. And, technology slashes power use at Glencore's huge South African chrome smelter. 

CAR: Blood diamond hub 

By: Creamer Media Reporter      20th November 2014 Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about the dysfunctional Central African Republic, which has taken over as the country where “blood diamond” activity is again rife. 

Central African Republic new ‘blood diamond’ hub  

By: Martin Creamer     18th November 2014 The dysfunctional Central African Republic (CAR) has taken over as the country where “blood diamond” activity is again rife. Diamonds worth $24-million have been smuggled out of CAR since the suspension of the Kimberley Process last year and Seleka rebels and "anti-balaka" militia are providing... 

Govts seek to strengthen Kimberley Process certification scheme

By: Natalie Greve     17th November 2014 The strengthening of the Kimberley Process certification scheme (KPCS) stood atop the agenda of the delegation of the World Diamond Council (WDC), which joined representatives from 50 governments and several nongovernment organisations at the four-day KP plenary meeting, which concluded in... 

Critics tear into proposed EU conflict minerals law

By: Anine Kilian     10th October 2014 The European Union (EU) is failing to stifle a deadly trade in conflict minerals, a coalition of rights groups Global Witness and Amnesty International warns, weeks before new legislation will be discussed in Parliament. A new analysis by non-profit organisation Global Witness shows that... 

Sourcing practices changing as US law on mineral imports takes hold

By: Anine Kilian     3rd October 2014 For decades, the trade in tin, tantalum, tungsten and gold (also known as 3TG), along with various other minerals and resources, has played a central role in funding and fuelling some of the world’s most brutal conflicts. According to international nongovernmental organisation Global Witness,... 

Sourcing practices changing as US law on mineral imports from Africa’s Great Lakes region takes hold

By: Anine Kilian     3rd October 2014 For decades, the trade in tin, tantalum, tungsten and gold (also known as 3TG), along with various other minerals and resources,has played a central role in funding and fuelling some of the world’s most brutal conflicts. According to international nongovernmental organisation Global Witness,... 

Tense labour climate exacts big economic toll

By: Terence Creamer     20th June 2014 The World Bank has made a further material downward revision to South Africa’s growth outlook for 2014, citing tense labour-market conditions as a key reason, along with weak electricity supply and tighter monetary policy. The bank’s latest Global Economic Prospects (GEP), released a day after... 

Bank cites labour tensions as it again cuts SA’s growth outlook 

By: Terence Creamer     11th June 2014 The World Bank has made a further material downward revision to South Africa’s growth outlook for 2014, citing tense labour-market conditions as a key reason, along with weak electricity supply and tighter monetary policy. The bank’s latest Global Economic Prospects (GEP), released a day after... 

GOLD DIGGERS

By: Martin Creamer     16th May 2014 Artisanal gold diggers doing spade work at the Djoubissi openpit gold mine 50 km north of Bambari, a dusty town in the heart of the troubled Central African Republic (CAR). The World Trade Organisation estimates that CAR’s mining sector accounts for 7% of the gross domestic product. Rough... 

Rwanda to implement ‘conflict-free’ certification to instil confidence in minerals sector

By: Martin Zhuwakinyu     18th April 2014 The authorities in Rwanda have committed to instilling confidence in the lucrative mining sector in order to attract more investments and spur the industry's growth. The East African nation has announced that all minerals exported from the country will be issued with a ‘conflict-free’ certificate... 

Glencore beats off rival bid to snap up Chad energy explorer

By: Martin Creamer     14th April 2014 London-, Hong Kong- and Johannesburg-listed diversified mining and marketing company GlencoreXstrata has beaten off a rival bid to snap up oil-and-gas exploration company Caracal Energy, which is active in the landlocked Republic of Chad in Central Africa. Glencore’s all-cash offer has been... 

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