LSE-listed diamond miner Petra Diamonds has executed a nonbinding memorandum of understanding (MoU) to sell 50% (less one share) of the entity that holds Petra’s shareholding in Williamson Diamonds Limited (WDL) to Caspian for $15-million. This is in addition to a pro rata portion of shareholder loans owed by WDL.
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TSX-V-listed Diamond Fields Resources has appointed John McGloin as a director and CEO, effective January 1. Current CEO Sybrand van der Spuy will assume the role of COO responsible for the logistics, supply chains and security of the Company’s projects throughout Africa.
London-listed Petra Diamonds sold 885 236 ct of diamonds for $128.3-million during the third tender of the company’s financial year to June 30, 2022. This compares with the 752 920 ct sold for $98.1-million during the third tender of the 2021 financial year.
De Beers Group has announced the appointment of a Managing Director of its Managed Operations, effective from 1 January 2022. The post New MD appointed for De Beers Group Managed Operations appeared first on Miningreview.com.
Diamond miner De Beers Group has appointed Thembinkosi Moses Madondo MD of De Beers Group Managed Operations, effective January 1. This follows the announcement that Nompumelelo ‘Mpumi’ Zikalala will leave the business to take up the position of CEO of Anglo American’s Kumba Iron Ore business.
Applications are open until 21 January 2022 to students in all high schools in Johannesburg to participate in one of the programmes. The post PROTEC prepares for launch of GE’s Next Engineers appeared first on Miningreview.com.
