Wednesday , August 5 2026

Videos

More News & Articles

De Beers’ diamonds prospects remains positive

International diamond group De Beers remains optimistic about its rough diamonds sales, as the year comes to an end. “As the industry’s focus turns towards the key end of year retail selling season, rough diamond sales continued to be in line with expectation during the ninth cycle of the year. …

Read More »

Strong mining production to spur economic growth

International Monetary Fund’s (IMF) latest focus on the local economy anticipates the gradually recover with real GDP projected to contract this year and turn positive in 2019. Geremia Palomba, IMF official said the anticipated turn will be supported by strong mining production and a rebound in construction activities. “Growth is …

Read More »

Tantalite rehires retrenched employees …as mine remains under care and maintenance

Tantalite Investment Mine has re-employed 17 of the 91 workers recently retrenched. According to the company, the re-employed staff will form part of a skeleton crew to keep the mine operational. The development comes after mines minister Tom Alweendo had a meeting Tantalite management to address the retrenchment issue. Larry …

Read More »