State Diamond Trader determined to reach 10% target

As the new financial year started in April, the State Diamond Trader (SDT) seeks to ensure that it accesses as much of South Africa's diamond production as it can, to reach its goal of buying 10% of local rough production for sale to local cutters...

SA diamond sector seeking ways to mitigate economic downturn

Top South African diamond industry players are committed to seeing the diamond industry through its current economic hardship, and are working on a strategic plan to ensure that the industry does not fall under a barraging wagon of chaos. The...

South African diamond industry seeking ways to mitigate economic downturn

Across the mining industry the effects of the current economic downturn have made a severe impact on production and sales, and resulted in the loss of many jobs. Slowly, but surely, the crisis is spreading to the diamond sector.

DME deputy DG appointed acting CEO of SA's State Diamond Trader

Futhi Zikalala has been appointed acting CEO of South Africa’s State Diamond Trader (SDT), Department of Minerals and Energy (DME) Director General (DG) Sandile Nogxina, told Mining Weekly Online on Thursday. This came after former CEO Abbey...

SA govt compiling coal inventory – official

South Africa’s Department of Minerals and Energy (DME) has started a study to draw up an inventory of the country’s coal resources, a government official said Deputy director general of mining policy and promotion Futhi Zikalala told...

Multiple factors hamper mining investment

A spectre is haunting South Africa - the impoverished ghost towns from Namaqualand to Vryheid. These monuments to mining's negative legacy have spooked government since 1994 into targeting the industry for transformation. However, its regulatory...