News

Bell Equipment has announced intentions to enter Southern Africa’s tipper truck market through a partnership with KAMAZ, a Russian-based company. Synonymous with providing purpose designed trucks to the harshest applications, KAMAZ’s consistent strong performance in the challenging Dakar Rally is to spur, the company’s portfolio expansion. “After a long period …

De Beers’ rough diamond production for quarter three of 2017 increased 46 per cent to 9.2 million carats in line with the higher production forecast for 2017. According to the company, the development reflects stable trading conditions as well as the contribution from the ramp-up of Gahcho Kué in Canada. …

Government has granted Bannerman Resources’ Etango Uranium Project a mineral deposit retention licence with a five year extendable term. According to the company, the retention licence covers an area of 7,295 hectares, which includes the Etango ore body, two satellite deposits at Hyena and Ondjamba and all planned mine infrastructure. …

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 …

AIM-quoted diamond outfit, Firestone Diamonds’ latest diamond sale sold 195,330 carats for US$13.5 million. Firestone’s July and September 2017 diamond sale included the company’s second US$1 million stone, achieving an average value of US$69/ct. According to the company, the average realised value per carat represents the continued lower than expected …

Trigon Metals has received the environmental approvals required to commence exploration at the company’s open pit mining project Kombat. Government recently awarded the company an environmental clearance certificate for proposed exploration on the mining licences held by Manila Investments (Pty) Ltd, an 80% owned subsidiary of Trigon. Valid for three …

International Diamond group De Beers Group has started work on women and girls empowerment, including on diversity and inclusion. Katie Fergusson, Head of Social Impact at De Beers said the group is changing the historical legacy of women being under-represented. “Indeed, until the 1990s, it was illegal for women to …

Deep Yellow Limited’s subsidiary Reptile Uranium Namibia has announced maiden mineral resource estimate (MRE) for the Tumas 3 discovery. Reptile Uranium Namibia said the MRE is encouraging at a 200ppm eU3O8 cut-off, comprises 23.5Mlb inferred mineral resources at a grade of 382ppm eU3O8. The results come after a three month …

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 …