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Tag: Dubai Diamond Trading

Rio Tinto considers exiting Canada diamond project, says partner

Diversified miner Rio Tinto has exercised its voting power to place the Star-Orion South diamond project, in Saskatchewan, Canada, on care-and-maintenance, its joint-venture (JV) partner said on Wednesday. Star Diamond said that, subject to fulfilling its existing obligations, Rio Tinto would not commit additional capital to the project during 2022
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Anglo investing in expansion of organic waste upcycling company Sanergy

Diversified mining multinational Anglo American is leading the latest investment round of organic waste upcycling business Sanergy, which has operations in Kenya. Sanergy’s solutions are helping to transform how fast-growing cities in the developing world manage waste by upcycling it into high-value agricultural and energy products, such as insect-based protein
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WDC president says there seems to be movement towards KP reform

There seems to be a positive shift in the readiness of World Diamond Council (WDC) members to reforming the Kimberley Process (KP), says president of the organisation Edward Asscher. In closing the 2022 KP Intersessional, which was hosted in Botswana last week, he highlighted that strong support for further reforms
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Exploration at Lulo adds two new high-priority kimberlites for bulk sampling

The kimberlite exploration work programme at Lulo, in Angola, has been boosted by the addition of two new high-priority kimberlites for bulk sampling, says ASX-listed Lucapa Diamond Company. Lucapa, which owns Lulo in a partnership with Angolan national mining company Endiama and private Angolan company Rosas & Petalas, said on
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NSDV, Harmony Gold, Sadpo make headlines

Mining Weekly Editor Martin Creamer unpacks NSDV’s deeming provision suggestion for minerals investment; Harmony Gold’s renewables plan; and small diamond miners wanting to work with big licence holders to create more jobs in the industry.
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Deeming could bring regulatory certainty to much-needed minerals investment – NSDV

The detraction of the South African investment market is the uncertainty around approval timelines and the implementation of a deeming provision could change all that by treating applications as approved after the passing of a set period of time. Many want to invest in exploration and mining right now but
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