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Tag: Dubai Diamond Trading

South Africa’s mining industry records 527 positive Covid-19 cases, 72 recoveries

The Minerals Council South Africa, in its third weekly Covid-19 update briefing on June 4, reported that, to date, the domestic mining industry has 527 positive cases of Covid-19, with 7 461 miners having been tested and 226 796 having been screened. The mining industry has also reported 72 recoveries, with no
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Well positioned to weather storm – Standard Bank

The Standard Bank is well positioned to weather the Covid-19 storm and remains determined to emerge from this crisis as a stronger Africa-focused financial services group, Standard Bank Group FD Dr Arno Daehnke said on Thursday. The capital and liquidity levels of Africa’s biggest lender by assets remained above minimum
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Kazera acquires interest in diamond mine, mineral sands opportunity

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
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Pangolin to raise $600 000 for exploration

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.
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Employment in alluvial diamonds, Kalagadi Manganese & Moz make headlines

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.
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BlueRock achieves notable production at Kareevlei following restart

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.
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