In response to a letter from the Equitable Access Campaign (EAC), published by Mining Weekly on June 26 – which highlighted the plight of small-scale marine diamond miners operating off the coast of Alexander Bay – Sable Metals & Minerals CEO James Allan reiterates that a panel should be appointed
Mining & Exploration
LSE-listed Petra Diamonds is selling its exploration assets in Botswana, held through Sekaka Diamonds, to Aim-listed Botswana Diamonds (BOD) for $300 000 and a 5% royalty on future revenues. The exploration assets include the KX36 diamond discovery, along with two adjacent prospecting licences and a diamond processing plant.
South Africa’s ‘historic dumps’ – mine dumps created prior to the promulgation of the Minerals and Petroleum Resources Development Act (MPRDA) which took effect in 2004 – do not appear to be regulated under the MPRDA, and the common law owners of such dumps do not require a right under
The global diamond industry has been particularly hard hit by the coronavirus pandemic, which has wreaked havoc on the health, social fabric and economies of the world, laments World Federation of Diamond Bourses (WFDB) acting president Yoram Dvash. With its main markets spread from Asia to North America, he says
Diversified miner Anglo American has acted with resilience in the face of the global Covid-19 pandemic, which has affected many of its operations in different countries, with some commodities being affected more significantly than others, CEO Mark Cutifani says. “Our comprehensive response supported the continuity of the majority of our
Diamond miner De Beers reported a 54% year-on-year decrease in production to 3.5-million carats in the second quarter of the year. This was owing to the Covid-19 lockdown measures in South Africa, Namibia, Botswana and Canada where the miner operates.