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Platinum, diamonds, hydrogen make headlines
Platinum, diamonds, hydrogen make headlines
19th July 2024

Mining Weekly Editor Martin Creamer discusses the projected downward path of platinum; Petra Diamonds looking to refinance its $250-million loan notes; and Hive Hydrogen South Africa completing... 


Duncan Wanblad shaking hands with Wits University vice-chancellor Professor Zeblon Vilakazi at the hand over of Anglo’s 47 Main street, Johannesburg building, to Wits Business School (WBS), with Anglo chairperson Nolitha Fakude (left) and  WBS head Prof Maurice Radebe (right).
We’ve delivered strong second-quarter production – Anglo CE
18th July 2024 By: Martin Creamer

Diversified mining company Anglo American on Thursday emphasised its embedding of operational resourcefulness across its asset base and highlighted its second-quarter performance as being strong.... 


Petra Diamonds' Cullinan mine
Uasa, Petra Diamonds sign five-year wage agreement for Cullinan mine
17th July 2024 By: Marleny Arnoldi

Trade union Uasa has signed a five-year wage agreement with the management of the Cullinan mine, which is owned by London-listed Petra Diamonds. The agreement is effective from July 1 this year... 


Petra Diamonds CEO Richard Duffy
Petra Diamonds focusing on refinancing $250-million loan notes
17th July 2024 By: Martin Creamer

Having reset its cost base, delivering new life-of-mine (LoM) plans with a smooth capital profile, the focus of Petra Diamonds is very much on refinancing its $250-million loan notes. “We plan to... 


Star Diamond dusts off Buffalo Hills file
Star Diamond dusts off Buffalo Hills file
17th July 2024 By: Creamer Media Reporter

Toronto-listed Star Diamonds has announced it will buy the remaining 50% stake in the Buffalo Hills project, in Alberta, gaining full ownership of the asset. Early last year, Star dusted off the... 


Williamson diamond mine at steady state.
Petra expects diamond prices to show modest recovery in 2025
16th July 2024 By: Martin Creamer

With market fundamentals providing pricing support in the medium- and longer-term, London-listed diamond mining and marketing company Petra Diamonds expects diamond prices to show modest recovery... 


Lucapa focuses on sampling near Cacuilo river following floods
15th July 2024 By: Sabrina Jardim

Now that floodwaters have receded after a severe wet season in Angola, ASX-listed Lucapa Diamond Company says its immediate focus is on sampling kimberlites closer to the Cacuilo river, as these... 


Rough diamonds produced in Botswana
IMF slashes Botswana's 2024 growth forecast amid diamond market woes
15th July 2024 By: Reuters

The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April estimate of 3.6% due mainly to lower diamond production, it said in a statement. The... 


Burgundy sees extension potential at Ekati's Misery underground mine
Burgundy sees extension potential at Ekati's Misery underground mine
10th July 2024 By: Mariaan Webb

ASX-listed Burgundy Diamond Mines is intensifying its efforts to extend the operational lifespan of its Misery underground mine, located in Canada. The initiative is part of Burgundy’s broader... 


Panthera starts drilling programme at Mali project
9th July 2024 By: Sabrina Jardim

Aim-listed gold exploration and development company Panthera Resources has started a diamond drilling programme on the Kalaka project, in Mali. The company says the programme will include... 


Petra Diamonds' Cullinan mine, in South Africa
Petra Diamonds concludes last sales cycle for FY24, generates higher revenue
4th July 2024 By: Marleny Arnoldi

London-listed Petra Diamonds has generated $38-million of revenue in its seventh tender cycle for the year, having sold 337 064 ct. This brings revenue for the 2024 financial year to... 


Diamcor closes final tranch of offering, bringing total to C$2m
3rd July 2024 By: Darren Parker

Diamond producer Diamcor Mining has closed a second and final tranche of C$600 300 of its previously announced non-brokered private placement, bringing the total of the offering to about... 


Rio Tinto builds off-grid solar plant in Canada’s North
Rio Tinto builds off-grid solar plant in Canada’s North
3rd July 2024 By: Creamer Media Reporter

Diversified miner Rio Tinto has completed installation of a 3.5 MW capacity solar power plant at the Diavik mine, in Canada’s Northwest Territories. The project represents the largest off-grid... 


Lucara appoints mineral resources VP
2nd July 2024 By: Creamer Media Reporter

Diamond miner Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, has appointed Dr Lauren Freeman as mineral resources VP, with effective from July 1. In her new role,... 


123 ct Type II white diamond recovered from Letšeng mine
Gem Diamonds recovers 123 ct diamond from Letšeng
2nd July 2024 By: Marleny Arnoldi

London-listed Gem Diamonds has recovered a 123.20 ct Type II white diamond from the Letšeng mine, in Lesotho. This marks the eighth diamond greater than 100 ct in size that the company has... 


Russia's Alrosa buys Degdekan gold deposit from Polyus
1st July 2024 By: Reuters

Russian diamond producer Alrosa has bought a gold deposit in Russia's Far East from miner Polyus, the two companies, both of which are under Western sanctions, said on Monday. For the world's... 


Anglo CEO Duncan Wanblad
Anglo further supports education, entrepreneurship with handover of Jhb CBD building to Wits Business School
28th June 2024 By: Sabrina Jardim

Demonstrating its broad commitment to education, entrepreneurship and leaving a positive legacy in the Johannesburg central business district (CBD), diversified miner Anglo American on June 28... 


Businessmen shaking hands
Dealmakers optimistic on global M&A prospects despite sluggish growth
28th June 2024 By: Reuters

Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024.... 


SHINING INVITATION
De Beers Group is calling on young aspiring jewellery designers from their producer countries to enter the 2024 Shining Light Awards
Awards focus on development of designers
28th June 2024 By: Simone Liedtke

By focusing on sustainability, innovation and comprehensive industry exposure, diamond miner De Beers’ Shining Light Awards is evolving to meet the changing needs of the jewellery industry to... 


NEW ERA
The scheduled start of underground production in the first half of 2028 is anticipated to bring a new era of high-value diamond recovery for Lucara
Underground expansion progressing towards 2028 start
28th June 2024 By: Simone Liedtke

With careful planning, innovative solutions and a dedicated team, diamond miner Lucara Diamond Corporation’s Karowe Underground Expansion Project (UGP) at the wholly owned  Karowe diamond mine, in... 


GLOBAL PUMP SUPPLY
The company supplies a variety of pumps to diamond processing and beneficiation plants globally
Pumps maker targets diamond processing
28th June 2024 By: Simone Liedtke

As the diamond mining industry faces challenges such as resource depletion, increasing operational costs and competition from synthetically made diamonds, heavy-duty centrifugal slurry pump... 


MAJOR SERVICE The 50 000-hour component replacement project is intended to bring heavy-wear components back into a serviceable state that is in line with original equipment manufacturer specification
Electric shovels receive 50 000-hour service
28th June 2024 By: Halima Frost

A 50 000-hour component replacement project on one of the large 7495-series Caterpillar electric rope shovels owned and operated by diamond producer Debswana for its Jwaneng mine is going to plan,... 


Anglo paid $23.5bn in taxes, economic contributions in 2023
27th June 2024 By: Darren Parker

Diversified mining major Anglo American paid about $23.5-billion in total tax and economic contributions throughout its global operations during 2023, a decrease from about $24.5-billion in 2022.... 


Minerals Council CEO Mzila Mthenjane being interviewed by Mining Weekly.
Mining needs one-stop regulatory environment to boost growth – Minerals Council
27th June 2024 By: Martin Creamer

South African mining needs what is often referred to as a one-stop shop to ensure that an applicant is not sent from one department to the other but goes to one place where the application is... 


Petra CE Richard Duffy
Petra shares plans to reduce operating costs, appoints new CFO
27th June 2024 By: Darren Parker

London-listed Petra Diamonds has shared its plan for a sustainable reduction of $30-million a year in operating costs from the 2025 financial year, as well as a smoothing of its development and... 


Employees working underground at an Implats mine
Mining sector employment holds up well despite first-quarter decline
26th June 2024 By: Creamer Media Reporter

Following five uninterrupted quarters of job gains, employment in the mining sector declined during the first quarter of this year, the Minerals Council South Africa reports. Citing Statistics... 


Diamonds being sorted
De Beers sells $315m of rough diamonds in fifth cycle
26th June 2024 By: Creamer Media Reporter

Diamond miner De Beers sold $315-million worth of rough diamonds in the fifth sales cycle of this year, compared with the $383-million worth of diamonds sold in the fourth cycle of this year. Sales... 


Barrick Gold chairperson John Thornton
Business model of Western mining industry needs new power, London Indaba highlights
25th June 2024 By: Martin Creamer

New power is needed by the Western mining industry, which is still functioning on a trailing old power business model. This was highlighted at Tuesday’s London Indaba, where a spotlight was shone... 


Gibb River chairperson Jim Richards and Namibia exploration manager Nico Scholtz visit the Erongo region.
Gibb River enters Namibia uranium sector
24th June 2024 By: Mariaan Webb

Australian company Gibb River Diamonds has acquired two uranium projects in Namibia, comprising six exclusive prospecting licences covering 1 828 km2. The company, which is also developing the... 


University of Fort Hare Vice-Chancellor Professor Sakhela Buhlungu (left) and South Africa President Cyril Ramaphosa.
Global gold mining major highlights academic partnership with South Africa’s Fort Hare
21st June 2024 By: Martin Creamer

The University of Fort Hare, where the offspring of mineworkers were the first graduates, has agreed a R12.5-million, initial ten-year academic partnership with gold mining major AngloGold Ashanti,... 


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pqt: 0.203s - ct: 0.407s - 365pq - 2rq
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