London-listed Botswana Diamonds has exercised its pre-emptive right to acquire the outstanding third-party interests in Vutomi Mining and Razorbill Properties 12, giving it control of the Thorny River project in South Africa. Vutomi and Razorbill are currently owned by Botswana Diamonds MD James Campbell and other Vutomi directors.
Tag: tulip diamonds fze
Mineral Resources and Energy Minister Gwede Mantashe hopes to spur growth in mining hubs within Limpopo, the North West and the Northern Cape provinces with the launch of the Limpopo Mining Investment Conference, which was held on September 28. During a keynote address, he explained that the idea of increasing
JSE-listed equipment and services company Barloworld says the group achieved a resilient performance for the 11 months to August 31, in what remains a tough operating environment. The resilient performance was driven by a robust performance from industrial equipment, together with a substantial contribution of new acquisitions during the current financial year.
Private operators interested in the concession of the Lobito Corridor have until 7 December to present their investment proposals. The post Public tender for the concession of Lobito Corridor open until 7 December appeared first on Miningreview.com.
Diamond miner Mountain Province has reported strong third-quarter sales, generating C$93.9-million from the sale of 1.03-million carats, achieving an average value of C$91/ct. This brought the year-to-date sales to 2.35-million carats, for total proceeds of C$212.5-million. The strong result has allowed the company to repay its short-term debt facility earlier
“To date, we have recovered about 15 times the investment value over the 4 years it has been in operation.” The post TOMRA’s XRT technology: a game-changer at Letšeng appeared first on Miningreview.com.
