R/€ = 17.00 Change: -0.03
R/$ = 14.25 Change: -0.02
Au 1779.84 $/oz Change: -3.54
Pt 1098.50 $/oz Change: 6.50


Diamond sector must meet consumers' demand for responsibly sourced diamonds, says WDC president

By: Marleny Arnoldi     21st June 2021 With the modern-day consumer demanding greater accountability and sustainability, the Kimberley Process (KP) must not be left behind, says World Diamond Council (WDC) president Edward Asscher. He spoke during the opening of the 2021 Intersessional Meeting of the KP, highlighting how consumers... 

Tsodilo set to advance Phase 2 of Botswana project following licence renewal

By: Simone Liedtke     21st June 2021 TSX-V-listed Tsodilo Resources has been granted a renewal of its prospecting licence, in Botswana, for an area which contains the company’s BK16 kimberlite project. The licence renewal was granted by the country’s Ministry of Mineral Resources, Green Technology and Energy Security, and is valid... 

Diamcor reports strong quarterly sales so far

By: Marleny Arnoldi     15th June 2021 TSX-V-listed Diamcor Mining has sold 4 468 ct so far for the quarter to end on June 30, generating revenue of $1.2-million. About 1 500 additional carats, including several rough diamonds in the +10.8 ct specials category, have been delivered as of June 15.  

DMRE to investigate purported diamond discovery in KwaZulu-Natal

By: Tasneem Bulbulia     14th June 2021 The Department of Mineral Resources and Energy (DMRE) says it is aware of stories in the media, including images and videos that are circulating on social media, about the purported discovery of diamonds in KwaHlathi outside Ladysmith, KwaZulu-Natal. The DMRE is dispatching a task team comprising... 

Platinum jewellery sales continue to record strong rebound

By: Simone Liedtke     11th June 2021 Despite ongoing challenges escalated by the Covid-19 pandemic, platinum jewellery retailers and manufacturers report a sustained recovery across three of four key markets in the latest ‘Platinum Jewellery Business Review (PJBR)’ report for the first quarter of this year. The strong momentum is... 

Linatex hose reduces downtime and operating costs at Namdeb

10th June 2021 The installation by Weir Minerals Africa of a Linatex® 808 hard wall rubber hose with wear indicator system is reducing downtime and operating costs at Namdeb’s Sendelingsdrift treatment plant in Namibia. The challenge facing Sendelingsdrift was that it was changing out the incumbent competitor’s... 

IMF commends Botswana’s efforts as its economy is expected to recover this year

By: Simone Liedtke     3rd June 2021 Botswana’s economy is expected to recover this year, with growth projected at 8.3%, driven by improvements in the global demand for diamonds, the easing of restrictions on mobility and the expansionary fiscal stance. The recovery is expected to be uneven across sectors, depending on improvements... 

Project house DRA applies for secondary inward JSE listing 

By: Martin Creamer     29th May 2021 The 37-year-old South Africa-rooted project house DRA Global has applied for a secondary inward listing on the JSE under the main board’s construction and materials, engineering and contracting services sector. The diversified engineering, project and operations management group – now... 

BlueRock secures £1.61m loan for Kareevlei expansion

By: Schalk Burger     21st May 2021 Aim-listed BlueRock Diamonds has agreed nonbinding heads of terms with investment company Teichmann Group to provide capital to deliver the expansion project at the Kareevlei mine, in the Kimberley region. A £1.61-million loan note was agreed with the intention that it will be replaced by a... 

Mining production, sales increase year-on-year in March

By: Tasneem Bulbulia     13th May 2021 Mining production increased by 21.3% year-on-year in March, data published by Statistics South Africa shows. The largest positive contributors were platinum group metals (PGM), with a 68.6% increase and contributing 11.6 percentage points; iron-ore, with a 47.9% increase and contributing 4.1... 

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