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Top 40 miners recover from a race to the bottom

PwC Africa’s 14th edition of PwC’s industry series analysing financial performance and global trends – PwC’s Mine 2017 report has painted a positive outlook for the mining industry. This comes at the backdrop of bolstered balance sheets and a return to profitability in 2016, giving mining companies much-needed space to …

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Redpath SA drill Africa’s largest diameter hole

Redpath Mining South Africa has recently completed reaming of a 7.3 m diameter hole at Sasol’s Impumelelo Mine, the largest diameter hole reamed to date in Africa Johan Davel, Redpath Mining General Manager of Raiseboring said the reaming performance of the Redbore 90EX surpassed the company’s expectations “Achieving optimal accuracy …

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Namibian design De Beers’ two millionth diamond

De Beers Group’s Forevermark diamond brand has inscribed its two millionth diamond. According to the group, the diamond is a 3.48 carat round brilliant and bears the unique inscription of ‘2,000,000’. “The diamond was mined, cut and polished in Namibia and inscribed at the Forevermark Diamond Institute in Surat, India. …

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