Aim-listed BlueRock Diamonds, which owns and operates the Kareevlei diamond mine in Kimberley, South Africa, has conditionally raised gross proceeds of about £1.2-million in an oversubscribed placing and subscription of more than 3.5-million new ordinary shares. Three of the company’s directors have also participated in the placing, the net proceeds

Amid uncertain times for the diamond industry, Canada’s Lucara Diamond Corp has managed to seal a supply agreement with a group in Antwerp, Belgium, that will secure regular cash flow, using a unique pricing mechanism. Under the agreement, the company will sell all the 10.8-plus-carat diamonds from the Karowe mine,

The International Council on Mining & Metals (ICMM) has been convening many knowledge-sharing sessions in response to the coronavirus. Among ICMM’s 27 mining and metals company members and 36 association members are South Africa’s African Rainbow Minerals, Anglo American, AngloGold Ashanti, Barrick, Glencore, Gold Fields, Sibanye-Stillwater, BHP, Rio Tinto, Newmont,

The largest and most technologically advanced marine diamond mining vessel, which is under construction, will be fitted with an integrated power system package supplied by electronics, automation and robotics company ABB. The newbuild will be delivered to Namibia-based marine diamond miner Debmarine Namibia – a joint venture between the government

Listings of mining companies on the Johannesburg Stock Exchange should be encouraged and South African retail investors willing to invest in mining exploration should be incentivised as is the case in other mining jurisdictions, the economic transformation committee (ETC) of the African National Congress (ANC) states in a 30-page discussion

The return of the 12 500 foreign mineworkers to South Africa’s mines is taking double the time planned. The initial ten-day plan of Minerals Council South Africa has become a 20-day plan because of the need to overcome bottlenecks.