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Pt 798.83 $/oz Change: -10.57
 

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Traka accelerates expansion into wider African markets

By: Creamer Media Reporter      20th May 2019 Leveraging on almost two decades of experience in South Africa, and a presence in a further six African countries, networked key and equipment management solutions company Traka Africa announces an acceleration in their growth strategy. It plans to open new operations or expand more widely in... 

Chicago Pneumatic showcases generator fitness at Botswana MTEs

20th May 2019 Chicago Pneumatic is passionately powering a drive to expand its presence and brand awareness across Southern Africa. A key platform which has proven to greatly assist the company to achieve these goals is the Mining & Technical Exhibition (MTE), at which the high-performance tools and equipment... 

Putting new discoveries on the map

By: Creamer Media Reporter      14th May 2019 A new map, published in 2018, highlights recent major platinum discoveries in South Africa  – the Waterberg Project of PTM in the Villa Nora gap and the Ivanhoe “Flatreef” of the Ivanplats mine near Mokopane. Both these discoveries represent massive breakthroughs in raising South Africa’s... 

ABM, Kalahari collaborate on Molopo Farms Complex exploration

By: Marleny Arnoldi     13th May 2019 Aim-listed African Battery Minerals (ABM) has entered into an earn-in agreement over a base metals and platinum group metals (PGMs) exploration opportunity in Botswana. ABM has acquired an 18.2% interest in Kalahari Key Mineral Exploration, which owns the Molopo Farms Complex project, for $194... 

Anglo American a ‘fundamentally different’ business

By: Natasha Odendaal     10th May 2019 As dual-listed Anglo American looks back on what has been described as another “very successful year”, the mining giant can look back on what is a significantly contrasting position less than a decade ago. Since 2012, Anglo American has shifted from a 30% mining margin to a 42% mining margin by... 

As Canada's Lucara Diamond seeks new mines, tech fuels growth

By: Reuters     2nd May 2019 Lucara Diamond Corp, which has recovered two of the largest diamonds in recent history, is turning to technology to ensure growth in an industry where new mine acquisitions remain elusive. For the Vancouver-based junior miner, that means using advanced technology like sorting based on atomic... 

Anglo American a ‘fundamentally different’ business  

By: Natasha Odendaal     2nd May 2019 As dual-listed Anglo American looks back on what has been described as another “very successful year”, the mining giant can look back on what is a significantly contrasting position less than a decade ago. Since 2012, Anglo American has shifted from a 30% mining margin to a 42% mining margin by... 

Process Pipe

29th April 2019 Process Pipe and its newly acquired company, CAB South Africa, has established a national footprint as a wholesaler and retailer of carbon and mild steel pipes, fittings and flanges in South Africa, with branches in Gauteng, KwaZulu-Natal and the Western Cape. Moreover, as Process Pipe & CAB... 

Diamond trading goes online as Lucara takes on industry goliaths  

By: Bloomberg     29th April 2019 he opaque diamond trade may be ripe for disruption. Lucara Diamond, which recently found the second-largest diamond in history in Botswana, is taking on industry giants such as De Beers and Alrosa PJSC with an online platform to replace the current physical auctions. The service allows Lucara... 

Lucara unearths 1 758 ct diamond in Botswana

By: Mariaan Webb     26th April 2019 The Karowe mine, in Botswana, has produced the world’s second-largest uncut diamond, Canadian company Lucara Diamond Corp announced on Thursday, sending the miner’s share price up 11% to C$1.68 a share. At 1 758 ct, the diamond is second in size only to the 3 106 ct diamond that was mined at... 

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