R/€ = 19.15 Change: 0.00
R/$ = 16.23 Change: -0.02
Au 1906.59 $/oz Change: -12.29
Pt 887.57 $/oz Change: -3.69


De Beers says rough diamond demand is ticking up

By: Marleny Arnoldi     22nd October 2020 Diamond miner De Beers' rough diamond production decreased by 4% year-on-year to 7.2-million carats in the third quarter of the year as a result of planned reductions in production to match lower demand for rough diamonds in the market, amid Covid-19. Specifically, production from the company’s... 

Botswana sees 7.7 % growth in 2021 on diamond industry recovery

By: Reuters     20th October 2020 Botswana's economy will rebound and grow 7.7% in 2021 from a 8.9% contraction forecast this year, on the back of improved sentiment in the global diamond industry, the finance minister said on Tuesday. Botswana's economy shrank by 24% in the second quarter of 2020 as coronavirus lockdowns at home... 

Galileo completes Africibum acquisition

By: Marleny Arnoldi     16th October 2020 Aim-listed Galileo Resources has finalised the acquisition of Africibum and its five prospecting licences in the North East Kalahari Copperbelt project, in Botswana. The transaction also includes two mining tenement applications that Africibum had submitted. 

Giyani appoints firm to conduct K.Hill lifecycle assessment

By: Donna Slater     2nd October 2020 TSX-V-listed Canadian junior exploration company Giyani Metals Corporation has appointed UK-based sustainability and lifecycle assessment consultancy Minviro to provide an International Organisation for Standardisation- (ISO-) compliant lifecycle assessment (LCA), including a carbon footprint... 

Manganese market fundamentals reaffirmed at Tesla Battery Day

By: Marleny Arnoldi     25th September 2020 TSX-V-listed Giyani Metals Corporation says it is encouraged by the endorsement of high-purity manganese as a critical component of cathode chemistries, as discussed during the Tesla Battery Day event on September 22. Tesla announced that the cathode chemistry for its intermediate range... 

Minergy achieves milestones despite Covid-19 impact

By: Tasneem Bulbulia     25th September 2020 Coal mining and trading company Minergy recorded considerable achievements and milestones during the financial year ended June 30, despite a significant part of the year being impacted by Covid-19. “Despite border restrictions between South Africa and Botswana (a minimum of 15 weeks), Minergy, in... 

Gem Diamonds recovers more large diamonds in H1

By: Marleny Arnoldi     3rd September 2020 LSE-listed Gem Diamonds’ Letšeng mine, in Lesotho, delivered satisfactory operational results in the six months ended June 30, notwithstanding a 30-day shutdown imposed in the country. In fact, the frequency of large diamonds recovered improved in all size categories greater than 10.8 ct... 

Weekly Coal Index Report

24th August 2020 Vietnam is the new coal exporter’s darling, as imports surged during the COVID-19 pandemic, increasing around 46% y-o-y. The country has imported circa 36-million tonnes so far this year, although Indonesia, Russia and China are the major suppliers. SA clearly has a major freight disadvantage and... 

Botswana, Namibia set to sign 5 GW solar energy plan

By: Bloomberg     24th August 2020 Botswana and Namibia are set to sign an agreement to develop solar projects of as much as 5 GW through installations built across their mostly flat, sunny landscapes. The southern African nations are working with US government initiative, Power Africa, to help structure the deal, Namibian Mines... 

Sosimple Energy

21st August 2020 Sosimple Energy provides cheap, clean energy across South Africa, protecting businesses against rising electricity prices and helping them save money from Day 1. Our customers put in zero investment and have zero costs for maintenance or insurance. Customers only pay for the electricity they use... 

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