Vancouver-headquartered Lucara Diamond Corporation achieved a more than five-fold year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $102.5-million for the financial year ended December 31. That compares with the adjusted Ebitda of $18.4-million reported for the 2020 financial year. Lucara has attributed the increase primarily
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Namibia has consistently maintained its position as one of sub-Saharan Africa’s primary mining investment destinations, with increased investment in minerals such as cobalt, lithium and co
It’s great to see such a healthy demand for this great industry, De Beers Group CFO Sarah Kuijlaars said after posting a set of stunning financial results for the world’s leading diamond company by value. Underlying 2021 earnings before tax, depreciation and amortisation soared to $1 100-million from $417-million in 2020
Volvo has maintained the honour of producing the best hauler line-up in the world, but hasn’t stopped trying to make the best even better. The post Blue skies ahead for MMC with Volvo A40G appeared first on Miningreview.com.
Reducing the fiscal deficit and stabilising debt bodes well for the discipline the country needs in managing its finances. The post Sobering budget speech assesses debt, grants and failing SOEs appeared first on Miningreview.com.
Spot is useful in ‘fly low’ areas, typical at narrow reef mining operations in Southern Africa where the use of drones is limited. The post Robotics and LiDAR combine to unlock exploration potential appeared first on Miningreview.com.
