Petra to Invest Hundreds of Millions to Extend Life of Two South African Mines

Petra Diamonds will be investing $289 million to extend the life of the Cullinan mine and the Finsch mine (both in South Africa), IDEX Online reports. Credit: Petra Petra Diamonds said it will spend $173 million on Cullinan, and $216 million on Finsch to extend the life of

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Why settle with a single center stone when you can have three equally stunning and brilliant gemstones?

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Zimbabwe’s Mines and Mining Development Minister Winston Chitando promised The Herald that renewal of mining licenses “would be subject to miners’ sustainable mining practices that are environmentally friendly. According to Rough & Polished, Zimbabwe seeks to “stop environmental degradation.” Credit: ZCDC Chitando is quoted as saying: “It is

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Lucara’s 2021 annual revenue of $230.1 million, increases 84%

This follows it de-risking its future growth strategy with the sanction of the fully financed, Karowe underground expansion project. The post Lucara’s 2021 annual revenue of $230.1 million, increases 84% appeared first on Miningreview.com.

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Blue skies ahead for MMC with Volvo A40G

Volvo has maintained the honour of producing the best hauler line-up in the world, but hasn’t stopped trying to make the best even better. The post Blue skies ahead for MMC with Volvo A40G appeared first on Miningreview.com.

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Sobering budget speech assesses debt, grants and failing SOEs

Reducing the fiscal deficit and stabilising debt bodes well for the discipline the country needs in managing its finances. The post Sobering budget speech assesses debt, grants and failing SOEs appeared first on Miningreview.com.

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