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Tag: DMCC
Aim-listed Kazera Global has announced the conditional acquisition of a controlling interest in a near-term producing diamond mine, as well as in a heavy mineral sands (HMS) opportunity in South Africa. Kazera will acquire a 90% stake in Deep Blue Minerals (DBM), for £600 000 in shares to be issued to
TSX-V-listed Pangolin Diamonds intends to complete a nonbrokered private placement of units to raise aggregate gross proceeds of up to $600 000. The net proceeds of the offering will primarily be used for exploration expenditures at its various projects in Botswana, as well as for working capital purposes.
Mining Weekly Editor Martin Creamer discusses the South African Diamond Producers Organisation’s plea to be allowed create jobs in the alluvial diamond sector, the Industrial Development Corporation & the future of Kalagadi Manganese, and Mozambique’s online licence processing system.
Aim-listed BlueRock Diamonds is recording solid results at its Kareevlei diamond mine in the Kimberley region of South Africa, following its restart last month when mines in South Africa were allowed to partially resume operations. There have been no cases of Covid-19 reported at Kareevlei.
While South Africa is still trundling along laboriously with a minerals cadastre system fraught with shortcomings, Mozambique has rocketed to the highest firmament of e-government licence processing, Mining Weekly can report. Mozambique first led the pack 17 years ago when, ironically, it latched on to South African-developed technology that South
