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Gemstones

Gemfields generates $31m in April emerald mini auctions
19th April 2021 By: Tasneem Bulbulia

Dual-listed Gemfields generated $31.4-million in revenue from a series of five sequential mini auctions from April 15 to 17. Fifty-nine companies placed bids, with the mini auctions achieving an... 


Gemfields generates first ruby revenue in 15 months
9th April 2021 By: Marleny Arnoldi

London-listed Gemfields has generated revenue of $58-million from seven online ruby auctions held during March 15 to April 8. The average selling price was $171.33/ct. 


Allan Saad, Consulting Exploration Geologist
Exploration industry has tight deadline to comment on controversial draft regulations
9th April 2021 By: Martin Creamer

South Africa’s exploration industry has until April 19 to comment on controversial regulations still in draft form. “They’ve never consulted industry about it and what they are requesting is... 


Value chain as outlined by Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of Competence.
Value of iridium in electrolysis could top R90bn mark in years ahead – HySA
7th April 2021 By: Martin Creamer

The value of iridium for proton exchange membrane (PEM) water electrolysis technology alone could exceed R90-billion in the next ten to 20 years. This is the view of Professor Dmitri Bessarabov,... 


Adrian Reynolds
How South Africa can unlock its exploration potential ­– Adrian Reynolds
1st April 2021 By: Martin Creamer

Of four factors required to attract investment in exploration, economic and fiscal stability is the most important, says highly experienced geological and mining consultant and nonexecutive company... 


Gemfields reports $93m net loss on back of restricted auctions
30th March 2021 By: Marleny Arnoldi

Aim- and JSE-listed Gemfields says its full-year results reflect the magnitude of the impact that Covid-19 has had on the company, rendering it unable to hold auctions in its traditional format... 


Gemfields warns of full-year loss
25th March 2021 By: Creamer Media Reporter

Gemstone miner Gemfields expects to report a net loss of $93.2-million, or R1.54-billion, for the year ended December 31, 2020, compared with a net profit of $39.1-million, or R565-million,... 


Gemfields, Sandy Leong partner on fundraising initiative
24th March 2021 By: Tasneem Bulbulia

Responsibly sourced emeralds from the Kagem mine, in Lufwanyama, Zambia, will create the centrepiece of a new fine jewellery collection by US-based designer Sandy Leong. A portion of the sales... 


Master Drilling CEO Danie Pretorius
Master Drilling advancing mechanisation for two top-tier local clients
23rd March 2021 By: Martin Creamer

Mine mechanisation is being advanced for two top-tier  local clients of Master Drilling, the CEO of the JSE-listed company, Danie Pretorius, said on Tuesday. Speaking to Mining Weekly in a Zoom... 


Remote-operation drilling footprint providing sizeable benefit – Master Drilling
Remote-operation drilling footprint providing sizeable benefit – Master Drilling
23rd March 2021 By: Martin Creamer

An increased remote-operation drilling footprint is providing considerable benefit for Master Drilling, the JSE-listed drilling services company said on Tuesday, when it reported 72.7%-higher 2020... 


Master Drilling CEO Danie Pretorius.
Master Drilling in muted but resilient 2020 performance
23rd March 2021 By: Martin Creamer

Drilling services company Master Drilling, which operates in 23 countries and which is continuing to grow its presence in new global markets, on Tuesday reported a “muted but resilient performance”... 


AmaranthCX director Paul Miller.
Just clearing exploration backlog would be huge leap forward – Miller
12th March 2021 By: Martin Creamer

Ahead of tackling policy issues, incremental ongoing effort must be prioritised to clear South Africa’s huge mineral exploration and mining rights backlog, says AmaranthCX director Paul Miller. The... 


Gem CEO Clifford Elphick
Dividend-paying Gem Diamonds working on technologies to reduce diamond damage
11th March 2021 By: Martin Creamer

Diamond mining and marketing company Gem Diamonds is advancing innovative technologies that reduce diamond damage by ejecting rock non-mechanically and being able to see diamonds in a certain size... 


Fasken panel that discussed hydrogen.
Mines anywhere, everywhere can go green – Hydrogen Optimized
8th March 2021 By: Martin Creamer

Owing to the ubiquity of the world’s sun and the wind, all mines have the opportunity to generate their own green electricity no matter where they are located in the world, Hydrogen Optimized CEO... 


Gemfields confirms phased resumption of Kagem, Montepuez operations
1st March 2021 By: Tasneem Bulbulia

Gemstone miner Gemfields on March 1 confirmed that its 75%-owned Kagem Mining emerald mine in Zambia, as well as its 75%-owned Montepuez Ruby Mining (MRM) ruby mine, in Mozambique, are set to... 


Gemfields to reopen Kagem emerald mine after nearly a year of standstill
25th February 2021 By: Marleny Arnoldi

UK-headquartered Gemfields has confirmed that its 75%-owned Kagem emerald mine, in Zambia, will reopen principal operations in a phased manner starting in the second week of March. As a result of... 


Clockwise from top left Sietse van der Woude, Ian Mackay, and Bernard Swanepoel.
Test mine study under way for Fourth Industrial Revolution try-outs
24th February 2021 By: Martin Creamer

A feasibility study is under way on a mine selected for the testing of Fourth Industrial Revolution (4IR) technologies ahead of their implementation, Minerals Council South Africa senior executive... 


South African Diamond Producers Organisation national executive committee member Amo Marengwa
Alluvial diamond miners outline way to save fast-shrinking industry
11th February 2021 By: Martin Creamer

The number of alluvial diamond operators is decreasing at an alarming rate. In 2004, there were 2 000 small diamond-mining companies, which employed close to 25 000 people, and now there are only... 


Minerals Council South Africa president Mxolisi Mgojo
‘We need exploration to grow our industry’ – Minerals Council
1st February 2021 By: Martin Creamer

“We need exploration to grow our industry,” Minerals Council South Africa president Mxolisi Mgojo said on Monday during a virtual State of the Mining Nation media briefing in which he described... 


Gemfields emeralds
Gemfields' earnings impacted by limited auctions, lower output in 2020
1st February 2021 By: Marleny Arnoldi

London-listed Gemfields has advised in a market update that its 75%-owned Montepuez ruby mine, in Mozambique, had produced 1.2-million carats in 2020, while its 75%-owned Kagem emerald mine, in... 


Zambian President Edgar Lungu
Zambia President says greater State role in mines will help economy recover
17th December 2020 By: Reuters

Zambia must build majority stakes in selected mines to benefit from its mineral wealth beyond taxes, President Edgar Lungu said on Thursday, as he set out an economic recovery plan after the... 


Gemfields's emerald mini-auctions generate revenue of $10.88m
11th December 2020 By: Creamer Media Reporter

Gemstone miner Gemfields earned revenue of $10.88-million from five mini-auctions of emeralds mined at its Kagem mine, in Zambia. The mini-auctions were held between November 2 and December 11,... 


Exploration Geological Consultancy MD Regina Molloy
Steps South Africa needs to take to attract global exploration investment
10th December 2020 By: Martin Creamer

Countries wanting to attract exploration investment need readily available geophysics data to offer to prospective investors. “Geophysics is now key to the exploration industry, particularly for... 


John Bewsey
Coal mine on point of turning acid mine drainage into potable water at no cost
23rd November 2020 By: Martin Creamer

An Mpumalanga coal mine is on the point of entering into an agreement before year-end to have its acid mine drainage water curse turned into potable water at no cost, Mining Weekly can today... 


Africa needs to cultivate cluster of ‘real catalytic investors’ in response to pandemic
16th November 2020 By: Simone Liedtke

Africa needs to cultivate a cluster of “real catalytic investors to mount strong, build-back better resilient mining investment” in response to the global Covid-19 pandemic, says Africa investor... 


Gemfields holds mini-auctions to address market demand
11th November 2020 By: Donna Slater

Gemstone miner Gemfields has progressed with the planning of a series of five small and sequential emerald auctions in November and December to address market demand for specific grades, and to... 


Africa, international investors ‘need each other’
10th November 2020 By: Simone Liedtke

Mining operations in Rwanda are “close to pre-Covid” levels, with local mining firm Rwanda Mines, in particular, on target and likely to achieve its revenue target for this year, Rwanda Mines CEO... 


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