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Botswana expects output from its mining sector to be flat this year, as the diamond industry loses its sparkle due to a contraction in consumer spending and weaker demand for diamond jewellery, a...
Aim-quoted resource exploration and development company Empire Metals has appointed Andrew Faragher as its exploration manager, with immediate effect, Faragher joins a technical leadership team...
The board of Aim-listed BlueRock Diamonds’ principal operating subsidiary, Kareevlei Mining, has resolved to place the company into voluntary business rescue owing to excessive indebtedness....
Diamond miner Lucapa Diamond Company has reported record revenues for the full year ended December, on the back of a record operational performance at its Lulo alluvial mine, in Angola....
To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds. Lucara...
Diversified miner Rio Tinto has extended the mine-life at its Diavik diamond mine, in the Northwest Territories of Canada, announcing a $40-million investment in the first phase of underground...
Employment management solutions provider Quyn hopes to capitalise on the recent upturn in the South African mining industry – particularly the range of junior mining groups “coming to the fore” –...
Diamond company De Beers last year delivered a revenue of $6.6-billion and earnings before interest tax depreciation and amortisation (Ebitda) of $1.4-billion built on operational excellence across...
Anglo American on Thursday announced a $1.7-billion writedown on its project to produce fertiliser nutrients in Britain, as it set out its budget for the mine and flagged a later-than-expected...
Work on the underground expansion project (UGP) at the Karowe diamond mine, in Botswana, has made significant strides in the last year, achieving a number of important milestones. All pre-sinking...
TSX-V-listed Diamcor Mining has recovered a 72.53 ct gem-quality diamond at its Krone-Endora at Venetia mine, in South Africa's Limpopo province. The diamond is being offered for tender and sale in...
London-listed Petra Diamonds says the actions it has taken to strengthen the business and improve cashflow generation, together with capital discipline, places the company in good stead for the...
Group of Seven nations and the European Union are discussing ways to track Russian diamonds across borders, a move that could pave the way for restrictions on their trade in future, according to...
De Beers is confident of maintaining its long-standing partnership with Botswana, a company official told Reuters on Thursday, but said some of the negotiations to agree new terms were complex....
Canadian-headquartered Diamcor Mining’s focus during the interim period ended December 31, continued to be on managing costs and optimising operational hours to minimise the effects of loadshedding...
Botswana President Mokgweetsi Masisi said his government is prepared to walk away from negotiations with De Beers if he’s not satisfied with the division of revenues from the diamond trade....
Crystalline osmium – the scarcest and densest platinum-group metal (PGM) globally – attracts more long-term opportunities for investors than diamonds, says precious metals refiner Gauteng Refinery...
South Africa’s total mining production contracted by 7.2% year-on-year in 2022, following growth of 11.6% year-on-year in 2021 and a contraction of 10.4% year-on-year in 2020, reports Statistics...
State-owned logistics company Transnet plans to shrink the 20 000 km freight rail network it operates by at least 35% as it focuses on delivering more profitable cargo loads. Transnet, which also...
The Venetia Underground Project (VUP) of diamond company De Beers will achieve operational readiness and first production in 2023, bringing to conclusion a decade-long construction programme that...
Steenkampskraal Holdings Limited (SHL) has appointed Mitford Mundell as its new CEO, with mining veteran Bernard Swanepoel to take up the position of chairperson. Mundell is the former CEO at...
Development finance institution Africa Finance Corporation (AFC) is partnering with airborne geophysics expert Xcalibur Multiphysics to map, develop and co-finance natural resource projects that...
The global transition to low- and zero-carbon energy sources was a once-in-a-generation opportunity for Africa, just as the original Industrial Revolution had been for the West, highlighted...
Diamond miner Petra Diamonds invited merger and acquisition proposals on Monday, with CEO Richard Duffy saying the industry would benefit from consolidation. The diamond mining industry is...
The High Court of Zimbabwe has granted a default order against the Minister of Mines and Mining Development, relating to a historic parcel of 129 400 ct of rough diamonds, which will be released to...
Diversified miner Anglo American has reported a year-on-year improvement in the production of nearly all its commodities – except for platinum group metals (PGMs) and nickel – for the fourth...
London-listed Gem Diamonds says the company is considering potential long-term alternative power supply options for its Letšeng mine, in Lesotho, which has also been affected by rotational power...
Diamond miner De Beers sold $450-million of rough diamonds in the first of ten sales cycles this year. This compares with the $660-million of rough diamonds sold in the first sales cycle of 2022...
Representatives of law firm Beech Veltman will attend the Investing in African Mining Indaba – to be held at the Cape Town International Convention Centre from February 6 to 9 – to discuss and...
In addition to increasing socioeconomic challenges and their knock-on effects worldwide, mining entities must also contend with a looming metals deficit, says Zambia Chamber of Mines CEO and...
Modern society is heavily reliant on metals and minerals and the demand is growing, driven by a combination of global trends, says materials handling solutions provider TOMRA Mining. “Rising...
Mining industry organisation Namibia Chamber of Mines (NCM) states that it is “very positive” on the trajectory of the local mining industry, stressing that it expects it to grow on the back of...
The Venetia Underground Project (VUP) of De Beers will achieve operational readiness and first production in 2023, bringing to a conclusion a decade-long construction programme that officially...
ASX-listed Lucapa Diamond Company achieved a solid performance in the fourth quarter, ended December 31, MD Stephen Wetherall says in the company’s quarterly activities report for the period....
Diamond miner BlueRock Diamonds has suspended operations at its Kareevlei mine, in South Africa, following an unscheduled visit by officials of the Department of Mineral Resources and Energy (DMRE)...
Canadian diamond miner Mountain Province has entered the 2023 cold weather and ice road resupply season with good momentum and a backdrop of a resilient rough diamond market,” CEO Mark Wall said on...
Mining Weekly Editor Martin Creamer unpacks the 9 GW of various energy projects in the private sector; Africa's position to export hydrogen; the now contained tailings breach at Petra Diamonds...
LSE-listed diamond developer and miner Botswana Diamonds has completed construction of its Marsfontein alluvial project, in Limpopo, South Africa, and has started stripping of the overburden...
South Africa’s mining production fell by 9% year-on-year in November last year Statistics South Africa (Stats SA) reports in its latest mining production and sales report. The 9% decline is a...
Aim-listed diamond producer BlueRock Diamonds reports that waste stripping increased in December as mining activities at its Kareevlei diamond mine, in Kimberley, South Africa, returned to normal...
When the eastern wall of a tailings storage facility at the Williamson diamond mine, in Tanzania, was breached on November 7 last year, precautionary measures to contain the tailings material and...
London-listed Africa-focused Petra Diamonds announced on Monday that the historic Koffiefontein diamond mine would be placed on care-and-maintenance. As reported by Mining Weekly in May last year,...
Diamond miner Lucapa has recovered 41 diamonds, including two specials weighing 15.27ct and 12.37ct from a bulk sample at the Lulo kimberlite mine, in Angola. The bulk sample of some 2 200 m3, or...
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