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Tag: tulip diamonds fze

Botswana rough diamond exports down 66% in third quarter

Botswana’s rough diamond exports plunged around 66% in the third quarter compared with the same period last year, data showed on Friday, as the coronavirus pandemic hit demand and global travel restrictions impacted trading. Botswana closed its borders in March to curb the spread of the virus, locking out international
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Mining Indaba 2021 officially cancelled

The 2021 edition of Investing in African Mining Indaba has been cancelled due to the ongoing uncertainty caused by COVID-19. The post Mining Indaba 2021 officially cancelled appeared first on Miningreview.com.
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Gem says higher prices demonstrate improved demand for Letšeng diamonds

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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Gem Diamonds reduces net debt position by US$6.6 million

“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.
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Safety: Specialised focus reaps global success

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.
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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
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