Africa
Africa
South Africa’s mining output grows by 5.3 percent
South Africa’s mining output has tremendously grown by a notable 5.3 percent this year. This has been boosted by platinum producer’s gradual return to productivity, after a 5-month work-stoppage in the first half of the year forced...
Africa
Anjin diamond in Zimbabwe losses US$ 300m due to European sanctions
The sanctions introduced in the European market have endangered the diamond industry in Zimbabwe as it has led to a major loss. Diamond miner, Anjin, has confirmed that it has so far since 2010 experienced a...
Africa
US$ 350m mining investment to commence in Mali end of this year
A US$350m gold mining investment is set to commence in Mali at the end of this year. The investment will begin with mine construction on the Fekola gold project in the Southwest of the country. ASX-listed gold...
Africa
First batch of diamond recovered from Botswana to be sold in 2015
The first batch of diamond recovered from Ghaghoo mine in Botswana will be sold in February 2015. Gem Diamonds has announced through an interim management statement last week that it will sell the first 4 028...
Africa
Botswana to use new diamond recovery technology
A new diamond recovery technology has been initiated for use in mines in Botswana. The new x-ray transmission (X-RT) technology will now aid in primary diamond recovery in the country. Karowe Mine, which is located in...
Africa
South Africa’s world’s third largest gold mining firm to sell some of its mines
World third largest gold mining company, AngloGold Ashanti with headquarters in Johannesburg, South Africa has plans of selling some of its mines so as to cut its borrowed debt by US$ 1bn. AngloGold’s CEO, Srinivasan Venkatakrishnan...
Africa
South Africa’s AngloGold to unleash new technology for drilling gold in 2015
South Africa’s Gold mining company AngloGold Ashanti is set to unleash a new technology to be used in the gold industry in 2015. The technology involves the dispensing of conventional drilling and blasting and backfills cavities...
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