Dual-listed Diamcor Mining intends to complete a convertible loan financing of up to C$3.5-million. The financing will comprise unsecured convertible promissory notes with a term of two years from the closing date and bearing interest at the rate of 10% a year.

The local extraction of carbide inserts can create job opportunities for communities living around mines – “a true win, win, win situation for society, our customers and ourselves”, Sandvik rock tools division VP Nina Axman enthused on Tuesday. Sandvik is developing a new recycling process that will improve the quality of

Owing to the impact of Covid-19 and the subsequent physical distancing regulations, yearly mining conference the Joburg Indaba will be hosted as an online discussion on October 7 and 8. Event organisers Resources 4 Africa CEO Paula Munsie states that this will enable industry players, who were previously unable to

As openpit mines reach their economic end of life, mine owners are considering the viability of transitioning their opencast mining operations to underground, says global engineering firm Worley. Using its deep-level mining expertise in South Africa, Worley assists mine owners around the world in exploring the feasibility of underground life-of-mine

Mining major Rio Tinto has unveiled a historic collection of 62 diamonds, including six ‘hero’ diamonds for its 2020 Argyle pink diamonds tender. Rio said this week that the six ‘hero’ diamonds were selected for their unique beauty and named to ensure there is a permanent record of their contribution

The World Jewellery Confederation (Cibjo) has welcomed the new publication by nongovernmental body International Standards Organisation (ISO) of the internationally recognised diamond grading standard and says it is a historic moment for the global diamond industry. The confederation explains that the standard is the first-ever that has been approved by