R/€ = 15.71 Change: 0.00
R/$ = 13.43 Change: -0.02
Au 1231.96 $/oz Change: 8.71
Pt 829.00 $/oz Change: 16.94


Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

By: Ilan Solomons     15th September 2017 The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue for the remainder of the year. These gems include the 114.38 ct Type II, the 126 ct D-colour Type IIa... 

Simulation software helps improve pump system efficiency

By: Victor Moolman     15th September 2017 The Pumpsim pumping simulation software package uses three-dimensional (3D) models that identify the location of weak points in pumps systems and where greater pressure is required to improve efficiency, explains consulting services Chasm Consulting Australia director Craig Stewart. 

Kalumbila facility will service global mining industry

15th September 2017 By the first quarter of 2018,  a building site in Kalumbila, in North-Western province, in  Zambia, will be transformed into a $40-million manufacturing facility that will produce high-quality mill-balls for mines in Zambia, neighbouring countries and the world market, says Zambia Chamber of... 

Supplier expanding new pump’s footprint in Australian market

15th September 2017 Heavy-duty pumps solutions company Pump & Abrasion Technologies (PAT) Australia introduced its new Curve range of slurry pumps at the Aimex mining show, in Sydney, to the New South Wales mining community, following the company’s success with the product in South Africa. 

Call to mining to update refrigerant systems

15th September 2017 While the majority of the mining industry use hydrofluorocarbons (HFCs) in its refrigerant systems, these ozone-depleting substances are set to be phased-out in accordance with the Montreal Protocol and Kigali Agreement. 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

By: Ilan Solomons     15th September 2017 The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue for the remainder of the year. These gems include the 114.38 ct Type II, 126 ct D-colour Type IIa,... 

Final agreement for Mozambique graphite project approved

By: Keith Campbell     15th September 2017 The Mozambican Government has approved a mining agreement with Twigg Exploration and Mining Limitada (Twigg) for the mining of graphite in the Balama district of Cabo Delgado province. Twigg, which is based in the city of Chimoio in the province of Manica, is the wholly-owned Mozambican... 

Pipe-joining systems: Reducing downtime in the mining industry

13th September 2017 Multiple benefits of Victaulic Knife Gate Valve showcased at Electra Mining 2017 Although commodity prices have seen a slight recovery in 2017, investment in the mining industry in Sub-Saharan Africa remains cautious. Continued innovation in the industry is key to an environment where business... 

Botswana Diamonds plans additional drilling at South Africa project

By: Mia Breytenbach     12th September 2017 Aim-listed Botswana Diamonds’ shares on the LSE rose by nearly 20% on Tuesday as the company announced it would start large diameter drilling (LDD) at the Zebediela project, in Limpopo, in October. Zebediela forms part of the Vutomi Joint Venture project, at Frischgewaagt. 

Heavy industries equipment supplier adapts to stay relevant

By: Nica Schreuder     1st September 2017 Botswana’s decision to diversify its economy away from diamond mining towards coal resources and base metal beneficiation should prompt businesses to adapt to service the changing needs of the market to remain relevant, emphasises global supplier and manufacturer of special mobile equipment for... 

Astore Keymak

1st September 2017 Manufacturer of plastic pressure fittings brand KeyFit Astore Keymak was founded and driven on the premise of supplying and manufacturing superior-quality products complemented by sound technical support. Established as Astore Africa in 1985, the company was bought by Hudaco Trading in 2008,... 

Khato Holdings – growing Africa on time and within budget 

29th August 2017 With plans to expand further in Africa, South African black emerging design and construction company Khato Civils expects that, in three to five years, 20% of its workload will be attributable to South Africa, while 80% will be based across the rest of the continent.  

Tsodilo kicks off BK16 drilling programme

By: Natasha Odendaal     28th August 2017 TSX-V-listed Tsodilo Resources has started the large diameter drill (LDD) drilling programme at its wholly owned BK16 kimberlite project, within the Orapa kimberlite field, in Botswana. The diamond and metals exploration company planned to drill 14 holes, 24 inches in diameter, to a cumulative... 

Resources Watch 

24th August 2017 This week: Krugerrand demand resurgence anticipated to result in record sales Harmony ups South African capex, pays 70% higher dividend And, ‘Next-gen’ butt-welding machine keeps mine start-up on track 

Scotgold submits planning application for revised operations

By: Mariaan Webb     18th August 2017 The Loch Lomond and Trossachs National Park Planning Authority has confirmed receipt and has validated Scotgold’s application for revised operations at the Cononish gold and silver project, in Scotland. The validation defines the start of the statutory determination period, Aim-listed Scotgold... 

‘Next-gen’ butt-welding machine keeps mine start-up on track 

By: Simone Liedtke     18th August 2017 Industrial plastic piping company Plasti-Tech Piping Systems has supplied “next-generation” plastic pipe butt-welding technology for the installation and commissioning of a 15-km-long, 315-mm-wide, high-density polyethylene water supply pipeline for the Balama openpit graphite mine being... 

Call for mining industry to update its refrigerant systems

16th August 2017 While the bulk of the mining industry uses HFCs (hydrofluorocarbons) in their refrigerant systems, these are on the cards to be phased-out in accordance with the Montreal Protocol and Kigali Agreement to significantly phase-out ozone-depleting substances. While chlorofluorocarbons were used... 

The importance of valve selection in slurry applications

15th August 2017 The trend to pump slurries over longer distances at higher solids concentrations is putting slurry valves to the test, as these severe applications have high pressures and are very abrasive, according to AR Controls Director Julien van Niekerk. Another factor to be taken into consideration is... 

BlueRock raises £860 000 for Kareevlei

By: Creamer Media Reporter      10th August 2017 Aim-listed BlueRock Diamonds has raised £860 000 through the issue of 68.8-million shares at a price of 1.25p apiece to further develop mining operations at its Kareevlei mine, near Kimberley, in the Northern Cape. BlueRock on Thursday said its blast programme at the mine had completed the... 

PEA recommends opencut diamond mine in eastern Finland – Karelian

By: Mariaan Webb     1st August 2017 Dublin-headquartered Karelian Diamond Resources has received the results of a preliminary economic assessment (PEA) for its Lahtojoki kimberlite pipe in eastern Finland, which recommends that a mine should be developed to extract more than $200-million worth of diamonds. The PEA, which was... 

Georgian reports copper resource upgrade at KB project

By: Creamer Media Reporter      27th July 2017 Explorer Georgian Mining on Thursday reported a 41% tonnage increase in the global in-pit optimised constrained copper/gold sulphide mineral resource for the Kvemo Bolnisi (KB) project, in the Tethyan belt. The resource was upgraded from 1.2-million tonnes at 1.03% copper to 1.7-million tonnes at... 

Gem encouraged by recovery of more 100 ct-plus diamonds at Letšeng

By: Creamer Media Reporter      25th July 2017 London-listed Gem Diamonds is encouraged by the improvement in the recovery of diamonds larger than 100 ct at its Letšeng mine, in Lesotho, during the first half of this year. It recovered four diamonds larger than 100 ct in the six months to June 30, and another in July. 

Trump America-first pipeline plan draws ire of American oil

By: Bloomberg     21st July 2017 Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire against their efforts to achieve his goal of "American energy dominance." The intense lobbying effort comes as the Commerce Department faces a Sunday deadline to give the... 

Low-pressure hydraulic valve to offer adaptability

By: Marleny Arnoldi     21st July 2017 Valves manufacturer Hydromine Projects will take its latest in-development low pressure, pressure-reducing valve to market within the next two months, after ironing out the last issues during a recent trial period at a deep-level gold mine in Klerksdorp, in the North West. The design of the... 

Botswana Diamonds’ Vutomi licences extended adjacent to Frischgewaagt

By: Natasha Odendaal     17th July 2017 Dual-listed Botswana Diamonds has been granted a prospecting licence over an additional 1 000 ha immediately east of and contiguous to its Frischgewaagt project, in South Africa. The explorer’s current drilling programme, which is expected to start within weeks, will be extended into the new... 

Dominion is said to seek sweeter deal from Montana billionaire

By: Bloomberg     15th July 2017 Canada’s Dominion Diamond Corp is hoping Montana billionaire Dennis Washington will cough up a little more cash to buy the world’s third-largest producer of rough diamonds by value. However, the company – which has put itself on the block twice in the past two years – says there’s no guarantee a... 

Kimberlite discovered on Vutomi licence

By: Anine Kilian     14th July 2017 Aim-and BSE-listed Botswana Diamonds has identified a Group 2 kimberlite pipe at its Ontevreden licence, in South Africa’s North West province, which is held by diamond deposit explorer Vutomi. Initial work indicates an area of between 1.5 ha and 2.5 ha containing high-interest garnets.   

Alrosa reaffirms investments in projects in Angola, at home

By: Keith Campbell     14th July 2017 Russian diamond miner Alrosa has reaffirmed its confidence in the future of diamond mining in Angola. “We see a lot of potential in our infrastructure projects, including those in Angola,” stated Alrosa president Sergey Ivanov at the groups’ Annual General Meeting (AGM) at the end of last month.... 

Welding Alloys South Africa

4th July 2017 To lead the market in engineered wear protection solutions and flux cored welding wire technology, Welding Alloys South Africa (WASA) is focused on responding to its customers’ needs. Part of the Welding Alloys group, which covers more than 150 countries through a network of 30 subsidiaries... 

Karelian granted claim reservation over area which may contain new kimberlite

By: Mariaan Webb     28th June 2017 Prospector Karelian Diamond has been granted a claim reservation in the Kaavi region of Finland, which the Aim- and ESM-listed company is hoping could lead to the discovery of a new kimberlite in the area. The 8.67 km2 claim reservation is for the area surrounding its Lahtojoki mining concession... 

More precious than gold? Copper's the better inflation hedge

By: Bloomberg     28th June 2017 For centuries, gold has been a go-to asset among investors worried about all sorts of financial risks. In the past decade, exchange-traded funds backed by the metal drew more money than any other commodity. Even the world’s biggest central banks hoard bullion as a reserve asset. But when it comes... 

Vortex slurry sump pumps range expanded

16th June 2017 Centurion-based pumps manufacturer Hazleton Pumps has expanded its range of Hippo vortex slurry sump pumps that address blockages at coal processing plants. The company points to continuous enquiries from customers for sump pumps capable of handling larger solids as well as pumping at higher... 

Exploration needed to sustain Botswana diamond history

By: Martin Creamer     13th June 2017 The only way that Botswana can have a long and continued proud history of diamond mining is to spend money on diamond exploration, Botswana Diamonds MD James Campbell said on Tuesday, when he urged the country to consider adopting the Canadian flow-through incentive scheme to boost exploration... 

Slurrysucker Makes Quick Work Of Cleaning Tank On Platinum Mine

13th June 2017 Integrated Pump Rental reports that its locally produced SlurrySucker Maxi dredge unit recently made quick work of desilting a process water tank at a local platinum mine. The ongoing build-up of slurry, due to inefficiencies in the thickener process, had become a major issue at this process... 

Mountain Province announces immediate departure of CEO Evans

By: Henry Lazenby     9th June 2017 Canadian diamond producer Mountain Province Diamonds on Friday announced that president and CEO Patrick Evans would leave the company with immediate effect, following a mutual decision. The 49%-partner of De Beers Canada’s Gahcho Kué mine, in Canada’s Northwest Territories, appointed lead... 

Local diamond mining industry still holds ‘lots of potential’ – Botswana Diamonds

By: Megan van Wyngaardt     9th June 2017 With world diamond prices currently “very unexciting” and with stagnant growth forecast for jewellery sales, junior miners should think long and hard before investing in diamond exploration projects, as there is a risk of decreased investment from the market. Speaking at the Junior Mining Indaba,... 

Modern exploration technologies to revive South African diamond mining

By: Robyn Wilkinson     9th June 2017 With the application of third-generation exploration technologies, South Africa may prove to be the next diamond exploration frontier, says diamond explorer Botswana Diamonds MD James Campbell. He notes that, as a result of low investor confidence in the country, little diamond exploration... 

Modern exploration tech to revive local diamond mining

By: Robyn Wilkinson     9th June 2017 With the application of third-generation exploration technologies, South Africa may prove to be the next diamond exploration frontier, says diamond explorer Botswana Diamonds MD James Campbell. 

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