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Tag: Dubai Diamond Trading

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
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Alrosa cuts production target by up to 17%

Diamond major Alrosa on Friday announced that it would curtail 2020 production to between 28-million and 31-million carats, in response to the crisis unfolding in the global rough and polished diamond market. The 2020 production guidance compares with the group’s initial guidance of 34-million carats for the year. “The coronavirus
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Leon lists measures to attract mining investment in these challenging times

South Africa should consider appointing an independent minerals regulator to speed up minerals licensing, Herbert Smith Freehills Africa co-chair Peter Leon said during a webinar this week. Responding to Patrick Leyden, who moderated the webinar entitled re-imagining the sub-Saharan mining sector, Leon said a recommendation made to an African National
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SA rail can aid Botswana coal miners

A joint effort by the South African and Botswanan governments, as well as their respective rail agencies, to support rail infrastructure to facilitate coal exports from Botswana could enable Botswana-based coal miners, such as Minergy, to become more competitive, says Minergy CEO Morné du Plessis. “We believe that South Africa
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Copper Belt exploration enables diversification

Renewed exploration interest in the Kalahari Copper Belt, in Botswana, can help the country diversify its mining economy and industrialise, says mining consulting services provider MSA Group principal consultant Mike Robertson. He emphasises that diamond mining has been the mainstay of Botswana’s economy since the first diamonds were discovered there
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Trainer to benefit from investment, mature sector

Virtual mining training solutions provider Immersive Technologies is encouraged by the “maturity level” of companies in Botswana, particularly in terms of technology. It is, therefore, looking forward to contributing to the wave of development in the country, spurred by continued investment from mining companies that recognise the importance of performance.
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