Tag: DMCC

Mining production to fall 8% to 10% this year, says Minerals Council

South Africa’s mining production is likely to fall between 8% and 10% this year due to the Covid-19 pandemic, the CEO of industry body the Minerals Council said on Tuesday during a virtual panel discussion. Mines across South Africa, the world’s biggest producer of platinum and chrome and a leading
177 Views
Read more

AMCU calls for testing of all employees at affiliated workplaces

The Association of Mineworkers and Construction Union (AMCU) has again called on employers to test all employees for Covid-19 as the pandemic continues to spread across South Africa. AMCU notes that while it has consistently called for the testing of all workers, the official stance of government and employers has
217 Views
Read more

Dominion Diamond reaches agreement to sell substantially all its assets

Struggling miner Dominion Diamond Mines, which filed for insolvency protection last month, has reached an agreement to sell substantially all its assets in a transaction that will allow mining operations at Ekati to resume and avoid bankruptcy. The company signed a letter of intent (LoI) with an affiliate of The
229 Views
Read more

ALROSA To Sell Large Diamonds At E-Tender

ALROSA offered an option to its long-term customers to buy rough diamonds through its digital platform amidst limited business travel due to COVID-2019 pandemic related restrictions. At the digital tender taking place between May 15 and 29, 2020, the company offers over 800 rough diamonds from 5-10 carats batches. The
247 Views
Read more

Full reopening of mining from June 1 – President Ramaphosa

Subject to strict Covid-19 protocols, mining will be allowed to reopen fully from June 1, President Cyril Ramaphosa said on Sunday. In his address on South Africa’s response to the coronavirus pandemic, the President announced that South Africa would advance to level 3 from June 1, with an intensified response
259 Views
Read more