Following a competitive tender process, Petra Diamonds has sold the Letlapa Tala collection of five blue diamonds, weighing 85.6 ct in total, to a partnership between De Beers and Diacore for $40.36-million. “The result of this special tender affirms the very high value placed on blue diamonds, which are undoubtedly one of
Mining & Exploration
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 report. Recovered potassium nitrate, which retails at about R15 000/t and which is marketed at about
Namdeb, a joint venture between the Namibian government and Anglo American’s diamond unit De Beers Group, has been granted a holiday on royalty payments, the country’s mining ministry said on Friday in bid to save jobs in the shrinking sector. Diamonds have been mined in Namibia since 1908, but land-based
Lucara Diamond has announced the recovery of “an unbroken 998 carat high white clivage diamond” from its Karowe mine in Botswana. Credit: Pincasso In a press release, the miner said that the diamond measures 67x49x45mm. This is the second +500 carat diamond recovered in 2020. Year to date,
Dual-listed Botswana Diamonds has started drilling at its Thorny River and Marsfontein project areas in South Africa. The multihole drilling programme has begun on four target areas identified as being of high interest in a recent detailed ground geophysics survey.
Anglo American is on track to exceed its original investment commitment to South Africa, despite Covid-19 impacts, Mining Weekly can report. At this year’s SA Investment Conference, the London- and Johannesburg-listed diamond, platinum group metals and iron-ore mining company increased its total investment commitment to R100-billion, for the current five-year
