Botswana’s main diamond mine comes through again: Lucara, which operates the Karowe mine in Botswana has recently announced the recovery of a 470-carat diamond from the mine, IDEX Online reports. Credit: Lucara The light-brown stone is the tenth +100-carat stone and the third +300-carat diamond recovered from the
Mining & Exploration
The 37-year-old South Africa-rooted project house DRA Global has applied for a secondary inward listing on the JSE under the main board’s construction and materials, engineering and contracting services sector. The diversified engineering, project and operations management group – now headquartered in Australia, where it is seeking a primary ASX
TSX-V-listed Diamcor Mining is proceeding with the expansion of processing facilities at its Krone Endora at Venetia project, in South Africa. The miner originally targeted the expansion for 2020; however, owing to the events surrounding the Covid-19 pandemic and associated public health restrictions implemented in South Africa, those plans were
Diversified miner Anglo American has partnered with the South African Council for Scientific and Industrial Research (CSIR) and US-based technology company Ivaldi Group, to explore opportunities to digitally distribute spare parts for mining and processing equipment to be manufactured locally using three-dimensional (3D) printing. The project includes an analysis of
South Africa’s cash-strapped State companies may struggle to refinance their debts, requiring the government to provide support, Finance Minister Tito Mboweni said. The ten most-indebted State firms have an estimated R289.9-billion in loans maturing by the end of March 2025, Mboweni said in a written reply to a parliamentary question.
In anticipation of next week’s Junior Indaba virtual conference, AmaranthCX director Paul Miller has updated statistics on the change in the number of listed mining companies on the JSE over time. (Also watch attached Creamer Media video.) It is not a pretty picture. (See attached chart.)