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Tag: tulip diamonds fze

South Africa’s mining sector in 2021 – legal issues unpacked

South Africa’s mining industry is moving in the direction of developing mining-specific standards on ESG to guide monitoring and disclosures. The post South Africa’s mining sector in 2021 – legal issues unpacked appeared first on Miningreview.com.
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Anglo achieves resilient performance in a tough year

As much of the world was tested to its limits by the Covid-19 pandemic during 2020, the resilience of diversified miner Anglo American’s diversified business, along with strong metals prices in the latter months of the year, resulted in underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) of $9.8-billion
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Diamonds from Lucapa’s Lulo sell for US$3.7 million

The rough diamond parcel of 1,040 carats was sold for a total of US$3.7 million or US$3,525 million per carat. The post Diamonds from Lucapa’s Lulo sell for US$3.7 million appeared first on Miningreview.com.
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Petra to start implementing restructure

London-listed Petra Diamonds has announced that the scheme conditions effective date has occurred, thereby enabling the start of the implementation of the company’s restructuring. The company expects the restructuring’s effective date to be March 10.
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Test mine study under way for Fourth Industrial Revolution try-outs

A feasibility study is under way on a mine selected for the testing of Fourth Industrial Revolution (4IR) technologies ahead of their implementation, Minerals Council South Africa senior executive modernisation and safety Sietse van der Woude said on Wednesday. Van der Woude was answering questions after he and PwC South
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Alrosa relaunches plant earlier than planned

As conditions in the global diamond market improve, Russian major Alrosa has decided to relaunch the processing plant of its Lomonosov mining and processing division, Severalmaz, on March 1. This is a month earlier than previously planned. The plant is set to process three-million tons of ore in 2021.
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