Unidentified stones that lured thousands of fortune seekers to a rural South African village to mine the land with picks and shovels were not diamonds as hoped, officials said on Sunday, but quartz stones with relatively low, if any, value. People from across South Africa travelled to KwaHlathi in the

The small and junior diamond mining industry in South Africa is in dire straits, says South African Diamond Producers Organisation (Sadpo) vice chairperson Lyndon de Meillon. “Over the past 16 years, we’ve lost about 90% of the companies involved in the sector and about 20 000 jobs. Covid-19 has exacerbated

The 37-year-old South Africa-rooted project house DRA Global has applied for a secondary inward listing on the JSE under the main board’s construction and materials, engineering and contracting services sector. The diversified engineering, project and operations management group – now headquartered in Australia, where it is seeking a primary ASX

TSX-V-listed Diamcor Mining is proceeding with the expansion of processing facilities at its Krone Endora at Venetia project, in South Africa. The miner originally targeted the expansion for 2020; however, owing to the events surrounding the Covid-19 pandemic and associated public health restrictions implemented in South Africa, those plans were

Diversified miner Anglo American has partnered with the South African Council for Scientific and Industrial Research (CSIR) and US-based technology company Ivaldi Group, to explore opportunities to digitally distribute spare parts for mining and processing equipment to be manufactured locally using three-dimensional (3D) printing. The project includes an analysis of

South Africa’s cash-strapped State companies may struggle to refinance their debts, requiring the government to provide support, Finance Minister Tito Mboweni said. The ten most-indebted State firms have an estimated R289.9-billion in loans maturing by the end of March 2025, Mboweni said in a written reply to a parliamentary question.