Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
A R50-million virtual reality centre is set to revolutionise mine design.
Rockwell Diamonds reports that costs are down, revenue is up, and diamonds are selling well.
And, juniors are out of favour and face an uphill battle to generate their own funds.
The University of Pretoria’s new virtual reality mine design centre, which is on track to go into test mode in April, is set to revolutionise both surface and underground mine design.
UP Mining Engineering Head Professor Ronny Webber-Youngman
Alluvial diamond mining company Rockwell Diamonds says its diamonds are selling well in a stabilising market that is no longer prone to wild swings.
Rockwell Diamonds CEO James Campbell
Junior mining companies in South Africa have fallen out of favour with investors and have been left to find their own way to profitability, a panel at the 2014 Joburg Indaba revealed.
AMED’s David Twist
For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter.