Diamond miner De Beers said on Tuesday it had extended a ten-year sales agreement with Botswana by a year due to logistical challenges caused by the coronavirus pandemic, allowing the two sides more time to negotiate. The Anglo American unit, which is 15% owned by the government of Botswana, saw
Mining & Exploration
Canadian-based company Dominion Diamond Mines will sell its Ekati diamond mine in Canada’s Northwest Territories to two investment capital companies “following the collapse of a rescue deal in October”, IDEX Online reports. Credit: Dominion Diamond Corporation The miner filed for insolvency in April. Ekati is being bought by
Diversified miner Anglo American expects its production for 2021 to increase by 14% year-on-year and its unit costs to decrease by 3% year-on-year. In an investor update published on December 11, the miner said it had maintain a strong performance this year, despite Covid-19-related and other operational impacts.
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 metalliferous-type deposits, which have the largest value,” Exploration Geological Consultancy MD Regina Molloy said in a presentation to South Africa’s Overberg Geoscientists Group on
Hilary Maxson will join the Anglo American board as a nonexecutive director and member of the audit committee with effect from June 1, 2021. “[Maxson] brings a combination of experience that aligns well with our business, spanning finance, the capital markets, energy and technology, gained across her executive career in
Dual-listed Botswana Diamonds’ (BOD’s) acquisition of Sekaka Diamonds has been completed. Sekaka was Petra’s exploration vehicle in Botswana and holds three prospecting licences in the Central Kalahari Game Reserve in Botswana − PL169/2019, PL058/2007 and PL224/2007, which includes the high-grade KX36 kimberlite pipe.
