Africa

Namdeb has confirmed the appointment of Riaan Burger, as the company’s chief executive officer with immediate effect. Burger, a mechanical engineer by profession, has been with the company for 22 years and has extensive experience ranging from general management, leading long term strategic projects, developing new mining methods as well as …

As efforts to diversify Oranjemund economic activities, ahead of diamonds mining coming to an end, authorities have opened the diamond-mining town to public. Previously restricting visitors Oranjemund, which lies in a diamond-mining area called the Sperrgebiet, or ‘prohibited area’ in German, held celebrations this month to declare an end to …

Mineworkers Union of Namibia (MUN) says Namdeb plans to close four mines in the coming five years. Mbidhi Shavuka, MUN Oranjemund Branch Chairperson told media that the union has started negotiating with Namdeb to save jobs. “We also understand that it is the nature of the resource; diamonds are finite,” …

Fluke, represented locally by The Comtest Group has on offer the Fluke 805 vibration meter, a portable multifunction vibration screening tool that provides quantifiable information on a bearing and the overall health of motors and other rotating equipment. The Fluke 805 is ideal for frontline mechanical troubleshooting teams that need …

Australian company Celsius Resources intends to raise A$3.9-million to advance its Opuwo cobalt project. “This capital raising allows the company to be fully funded for the rapid advancement of the exciting Opuwo cobalt project over the next 12 months,” said Celsius Managing Durector Brendan Borg. The company has completed a …

The amphibious, multipurpose Watermaster dredger is gaining growing interest from the Southern African mining industry. “Because of the interest from the African mining industry in the Watermaster, we expect to expand further on the continent as this market develops,” says Vuokko Laurila, Regional Manager for Watermaster in Southern Africa. Watermaster …

The auditor general’s latest report has exposed perennial non-compliance within the mining industry. Government has learnt that environmental, pollution and other long-term damage to the environment by mines have not been monitored. Tabled before the National Assembly recently, the audit report for 2011/12 to 2014/15 indicates that mining sites across …

British junior diamond miner Firestone Diamonds’ Liqhobong Mine in Lesotho has discovered a 134 carat gem-quality light yellow diamond. According to the company, the discovery is the largest diamond, delivered by Liqhobong so far during the early stages of mining. The company’s board believes this recovery, the second of over a hundred …

Africa focused miner Lucara Diamond has sold the historic 1,109 carat Lesedi La Rona recovered from the Karowe mine in Botswana in November 2015. Lucara Diamond said the piece has been sold for US$53 million (US$47,777 per carat to Graff Diamonds. “We are thrilled and honoured to become the new …

Although Namibia, Botswana and Mauritius have consistently ranked in the top 20 of the RMB Where to Invest in Africa index, their inability to reach the top 10 is mostly due to the restricted size of their domestic markets. South Africa has ranked in the number one position for six …