LSE-listed diamond miner Gem Diamonds has sold 70 559 ct worth of diamonds for the year to date, achieving an average price of $1 908/ct. During the third quarter, the group also unearthed five diamonds greater than 100 ct, bringing the total for the year to date to 13.
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“We are pleased that Letšeng has returned to normal operating activities with waste mining activities ramping up from July.” The post Gem Diamonds reduces net debt position by US$6.6 million appeared first on Miningreview.com.
Miners have worn the company’s iconic Egoli gumboot for almost 40 years, fondly referring to them as ‘mdala-scathu’ (mdala iscathulo) The post Safety: Specialised focus reaps global success appeared first on Miningreview.com.
Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration
A flow-through share model has been drawn up with the help of top firms to stimulate badly neglected mining exploration in South Africa, Minerals Council South Africa junior and emerging miners leadership forum chairperson Errol Smart said on Tuesday. Speaking to Mining Weekly in a Zoom interview, Smart expressed excitement
COVID-19 has had a wide-reaching impact on all industries across the globe, and the South African mining sector is no exception. The post Collaboration and co-operation for a safe mining industry appeared first on Miningreview.com.
Diamond miner Petra Diamonds continued to perform well during the three months to September 30, with record carat production at the Cullinan mine in South Africa during August and September, an “excellent achievement” given the Covid-19 mitigation measures, which now form part of the group’s standard working conditions, says CEO
