ASX-listed Lucapa Diamond Company says further analysis of diamonds recovered at its Lulo project, in Angola, has confirmed the presence of rare Type IIa gems and light fancy yellow diamonds.
This follows after the company earlier this week announced…
Lucapa uncovers more potential for fancy diamonds from Lulo project Read More »
The Minerals Council South Africa has reiterated the significant job losses that may result from power utility Eskom being granted the additional R27.3-billion in revenue it is seeking.
In a media release issued ahead of a submission at public consult…
Eskom’s survival cannot be based on continuing tariff increases, says Minerals Council Read More »
Glencore Operations South Africa (GOSA) on Tuesday signed an energy conversion service agreement with clean-tech company Swedish Stirling.
Swedish Stirling will install, operate and maintain an estimated 9.9 MW facility at GOSA’s Lydenburg ferrochrom…
JSE-listed freight and logistics company Grindrod has entered into a five-year contract to transport five-million tonnes a year of magnetite by rail from copper miner Palabora Mining Company’s operations, in Limpopo, to the Matola terminal, in Mozambiq…
Palabora, Grindrod sign five-year magnetite handling contract Read More »
Although stock levels in the diamond industry’s midstream are returning to a more balanced position, following stable consumer demand, especially in the US, diamond miner De Beers has warned that risks remain. The company on Thursday reported a 55% yea…
De Beers warns of possible further downside risks Read More »
JSE-listed coal miner Wescoal says its Moabsvelden project implementation is progressing to plan with a contract mine having been selected.
The appointment, however, remains subject to a contract mining agreement being signed.
Wescoal advances Vanggatfontein, Moabsvelden projects Read More »
Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has announced that Natascha Viljoen has been appointed to succeed Chris Griffith as CEO.
Amplats earlier this week said Griffith would step down to pursue other career opportunities.
Natascha Viljoen to succeed Griffith as Ampats CEO Read More »
Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has announced that Natascha Viljoen has been appointed to succeed Chris Griffith as CEO.
Amplats earlier this week said Griffith would step down to pursue other career opportunities.
Natascha Viljoen to succeed Griffith as Amplats CEO Read More »
Aim- and TSX-V-listed Altus Strategies on Wednesday said its shareholders had approved all resolutions to effect the proposed strategic investment by mining investment group La Mancha Holding in the company.
Altus will issue about 124-million new ord…
Altus shareholders give go ahead for La Mancha deal Read More »
Ratings agency Moody’s has expanded its price sensitivity range for gold, based on supportive factors such as lower-for-longer interest rates and geopolitical uncertainties.
Moody’s has increased the higher end of the sensitivity range by $100/oz to …
Moody’s expanded gold price range allows for flexibility in credit assessments Read More »
