South Africans have been urged to rally around exploration as this country’s Big Hairy Audacious Goal – a BHAG – so that what is described as “our lowest hanging economic fruit” can be turned to positive account. Council for Geoscience CEO Mosa Mabuza, who was speaking in support of the
Mining & Exploration
The JSE has a new product that is appropriate for fund-raising by junior mining companies, JSE origination and deals head Sam Mokorosi said on Friday. Mokorosi, who was speaking at Minerals Council South Africa’s Junior and Emerging Miners Desk webinar, highlighted the new product against the background of the JSE
Kanatbek Madumarov, Kyrgyzstan’s Director of the Precious Metals Department, claims that ongoing geological explorations have found diamond deposits but said that the diamonds were “hard to reach,” according to IDEX Online. According to the report, the central Asian nation is “one of the world’s poorest countries,” with a quarter
Mountain Province has announced that it intends to put up for sale a rare 151-carat colored diamond during its upcoming September sale, Rough & Polished reports. The 151.60-carat octahedron gem, which has “exceptional clarity,” was mined at Gahcho Kué in Canada’s Northwest Territories. It will be offered for sale
Lucapa Diamond has recovered a 160-carat white, Type IIa diamond at its 40%-owned Lulo alluvial mine in Angola, Rough & Polished reports. It is the 28th +100 carat diamond recovered at Lulo to date, and the 6th largest ever recovered there. The 160-carat gem was mined from the same
ASX-listed Lucapa has reported a healthy performance from by its 40%-owned subsidiary Sociedade Mineira Do Lulo (SML), which operates the Lulo alluvial mine, in Angola, with Lucapa receiving a A$5-million net dividend payment for the six months ended June 30. The company posted multiple records from both the Lulo mine
