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Mining & Exploration

Sierra Leone: New Diamond Mine to Hold First Sale in May

The Tongo Diamond Mine, which is the newest diamond mine in Sierra Leone, will hold its first ever sale later this month, IDEX Online reports. Tender viewings will be held in Antwerp from May 16 until the online sale on May 20.   Operated by Australia-based Newfield Resources, Tongo is
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Southern Africa deemed highly prospective for diamonds

Diamond exploration and project development company Botswana Diamonds regards Southern Africa as one of the most prospective destinations for diamonds globally. The Kalahari region of Botswana has potential for a new diamond mine, while the Thorny River project, in Limpopo, South Africa, has potential for small kimberlite blows in historically
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Zondo wants Alexkor directors, diamond dealers to be probed for fraud

A decade after the state-owned diamond company Alexkor became a site of Gupta influence and corruption, the Judicial Commission of Inquiry into State Capture issued a long list of recommendations to pursue perpetrators. In its report, released on Friday, the commission details how former minister of public enterprises Malusi Gigaba
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Zuma replaced Ramatlhodi with inexperienced ‘Gupta minister’ Zwane to do their bidding – Zondo

It was clear that former president Jacob Zuma replaced Ngoako Ramatlhodi as mineral resources minister because he refused to cooperate with the Gupta family’s wishes, the State Capture Inquiry has found. “… Ramatlhodi had consistently refused to have anything to do with the Guptas and was not prepared to do
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Presidency receives fourth part of Zondo Commission’s report into State capture

The Presidency on April 29 received the fourth part of the report of the Judicial Commission of Inquiry into Allegations of State Capture.   Secretary of the Commission Professor Itumeleng Mosala handed over the report to acting Director-General in The Presidency Thami Ngwenya at the Union Buildings in Pretoria.  
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Russia says it may buy diamonds from sanctions-hit Alrosa

Russia may buy an as yet undetermined amount of rough diamonds from sanctions-hit producer Alrosa through its state precious metals and gems repository Gokhran, the country’s Finance Minister Anton Siluanov said on Wednesday. The United States imposed sanctions on State-controlled Alrosa in April, complicating the Russian company’s operations in the global
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