PGM market comes crashing downOn Friday, platinum and palladium futures gave up more ground as ETF investors liquidate positions in anticipation of further falls in the precious metals complex. In afternoon trade on the Nymex in New York platinum...
Africa-focused Paragon Diamonds (LON:PRG) suspended trading Monday morning ahead of the company issuing a statement that revealed a precarious financial position. The miner, who committed to buy a 75% stake in Lesotho’s Mothae project from Canada’s Lucara Diamond (TSX:LUC)...
CSR-in-Action, Nigeria’s premier business and ethical networking platform and consultancy for sustainability, has announced plans to host governments, captains of industry, experts and investors in the country’s capital, Abuja, to stimulate meaningful exchange of ideas on how to unlock...
South32's manganese mines in South Africa are unlikely to restart operations until January, when a major review is expected to be completed.South32 suspended production at its Samancor Manganese joint venture mines, of which it owns a 60 per cent...
Five miners rescued in Tanzania after 41 days trapped undergroundGreat efforts to free children from the worst form of child labour have started paying off as Plan International Tanzania in collaboration with other stakeholders. (Image courtesy of Human Rights...
Lucara Diamond (TSE:LUC) said it recovered a 1,111 carat gem-quality diamond from its Karowe Mine in Botswana. The stone, which Lucara claims is the world's second largest gem quality diamond ever recovered, measures 65mm x 56mm x 40mm in...
William Lamb, CEO of Lucara Diamond Corp. (TSX:LUC), got an urgent call from his chief operating officer, Paul Day, in Botswana at 1:29 am. Monday morning. Lamb called him back at 4 a.m. “He said, ‘Are you sitting down?’”...
