Business

Deep Yellow has reported encouraging drilling results on EPL3497 where new continuous mineralisation has been identified in the Tumas 1 East palaeochannel area along Tributary 5. According to the company, the program was completed in April 2019 with a total of 211 RC drill holes for 1,951m drilled. The project’s …

De Beers Group’s carbon-capture research at the Gahcho Kué mine in Canada has received a funding boost following the award of a C$675,000 grant from Natural Resources Canada’s Clean Growth Program towards pioneering research in partnership focused on delivering carbon-neutral diamond mining. The project in Canada is part of a …

Rio Tinto has sold its entire 68.62% stake in the Rössing uranium mine for an initial cash payment of $6.5 million plus a contingent payment of up to $100 million. The $100 million contingent payment is linked to uranium spot prices and Rössing’s net income during the next seven calendar …

Dundee Precious Metals Tsumeb has proposed to expand their current smelter operations in Tsumeb in order to increase the copper concentrate throughput capacity from 240,000 tons per annum to 370 000. In a report for the proposed expansion released this week, it is said that Dundee has appointed SLR Environment …

TOMRA Sorting Mining technologies have enabled Lucara’s diamond mine in Botswana to discover an unbroken 1,758 carat stone The diamond is the largest to be mined at Karowe to date, weighing close to 352 grams through the TOMRA XRT sensor technology. “As the largest diamond ever recovered by a mechanical …

Global power leader, Cummins has been Warrick Gibbens as the power generation leader for Southern Africa Regional Organization. He was previously the technical sales manager for Cummins Africa & Middle East in the Power Systems Business Unit. He has been with the company for six years and is an electrical …

Uranium production in the country is forecast to rise by 50 percent, year-on-year this year, double the rate of expansion from last year’s 20 percent, a research firm has said. Fitch Solutions Macro Research’s recent Africa Monitor report for Southern Africa said depressed uranium prices due to overcapacity led to …

Cummins has unveiled a state-of-the-art facility known as ‘The Power Hub’ in South Africa’s Waterfall, Midrand. The development is bearing testament to the confidence the global power leader has in southern Africa and the continent; as it celebrates 100 years in business. The Power Hub strategically consolidates and solidifies various business …

Cummins has debuted the HSK78G natural gas generator series at the 2019 Middle East Electricity (MEE) at the Dubai World Trade Centre. The equipment is expected to fuel the next generation of power and offer a total package of gas generator capabilities and innovative gas technology for prime and peaking …

The Angolan government aired out plans of refurbishing the diamond sector as being in progress. Speaking at a conference on the re-organising of oil and gas, Diamantino Azevedo Angolan Minister of Mineral Resources and Oil stated that the diamond sector will undergo similar changes to the oil sector. With the …