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Tag: rough diamonds

Zimbabwe raises mines power tariff by 8% to meet production cost

Zimbabwe’s power utility ZESA Holdings will no longer charge mining houses tariffs below cost of production as it is struggling to service “ballooning power import debt.” Exporters, such as mining companies, will be charged $0.1063/kWh from August 1, ZESA executive chairperson Sydney Gata said in a letter to miners. Power
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Green electron/hydrogen advance set to move much faster – Anglo

Anglo American CEO Duncan Wanblad on Thursday expressed delight at the energy announcement of President Cyril Ramaphosa, who has unveiled several far-reaching interventions, including a doubling in the allocation for the next renewables procurement round, an uncapping of the 100 MW licence-exemption threshold for distributed generators, and a proposal of
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Lundin Group founder dies aged 64 following cancer battle

Swedish-Canadian businessman Lukas Lundin, the co-founder and former chairperson of the Lundin Group of Companies, has died at the age of 64, following a two-year battle with brain cancer. Lukas was the driving force behind the success of the Lundin Group, having started his career in the international energy and
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Historic Pink Diamond Recovered at Lulo

Lucapa Diamond Company Limited, Endiama E.P. and Rosas & Petalas, partners in Sociedade Mineira Do Lulo (“SML”) are proud to announce the recovery of an historic 170 carat pink Type IIa diamond from the Lulo alluvial mine. The 170 carat pink stone is an historic recovery as it is believed
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World-first hydrogen haul truck operational from August – Anglo Platinum

The pilot world-first hydrogen haul truck launched early in the year, has had some final changes made to it before it heads into the pit and goes into operational mode from August. Meanwhile, the second prototype is already underway, where learnings from the first truck are being taken into the
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Lucapa says its 170 ct Lulo Rose the largest pink diamond to be recovered in 300 years

ASX-listed Lucapa Diamond Company says a 170 ct pink Type IIa diamond, recovered from its Lulo alluvial mine, in Angola, is the largest pink diamond to be recovered in the last 300 years. The company and its partners Endiama and Rosas & Petalas have named the diamond the Lulo Rose.
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