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Jozi Power buys back shares from G5

By: Creamer Media Reporter      20th May 2019 Jozi Power, the mining power station and transformer rental specialist, bought back the entire 29% stake held by its largest shareholder, a subsidiary of Group Five, currently in business rescue. Jozi Power operates power stations for mines in Africa. It is currently active at mines in Sierra... 

Sand mining 'mafias' destroying environment, livelihoods – UN

By: Reuters     7th May 2019 Sand mining is eroding the world's river deltas and coastlines, damaging the environment and hurting livelihoods from Cambodia to Colombia, as government regulation fails to keep pace with rising demand, the United Nations warned on Tuesday. Global demand for sand and gravel, used extensively in... 

Cost-per-tonne guarantee reducing mine development risk

By: Martin Creamer     26th April 2019 JOHANNESBURG (miningweekly.com) – Design, build and operate project companies Evolve Mining and AMC have an approach to mine development and operation that is attracting attention. Evolve Mining designs for the lowest cost per tonne and AMC then mines at the guaranteed cost per tonne. Evolve is... 

Ethical artisanal diamond mining pilot scaling up operations in Sierra Leone

By: Schalk Burger     24th April 2019 A pilot project that creates a secure and transparent route to market for ethically sourced artisanal and small-scale mined (ASM) diamonds is scaling up its operations in Sierra Leone to give more miners the opportunity to benefit from the programme, diamond multinational De Beers Group, which is... 

Tiffany training Africans to cut diamonds sourced from the region

By: Bloomberg     15th April 2019 Tiffany & Co has been expanding its workforce in sub-Saharan Africa – a region of almost one billion people where the jewellery giant does not have a single store. More than a quarter of the New York-based company’s 1 500 global diamond cutters and polishers are now based in Africa, CEO... 

West African mining rising steadily

By: Mamaili Mamaila     12th April 2019 Mining activity in West Africa is increasing and this trend is likely to continue. New mines have been established in Mali over the past few years, as well as in countries, such as Liberia, which are not traditionally associated with mining, says engineering consulting company SRK Consulting... 

Explosives company expanding West African footprint

12th April 2019 South Africa-based explosives company BME continues to strengthen its presence in West Africa – which is poised to become one of the top five gold-producing regions in the world. BME – a division of the JSE-listed chemical manufacturing company Omnia Group – manufactures explosives at emulsion... 

Galaxy taps Simon Hay as new CEO

By: Esmarie Iannucci     4th April 2019 Lithium miner Galaxy Resources has appointed Simon Hay as its new CEO, effective from July 1. Hay, who is currently head of resource development at ASX-listed Iluka, will replace Anthony Tse. In addition to his history at Iluka, Hay has also held senior positions at BHP Billiton and WMC Resources. 

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