Dual-listed Diamcor Mining intends to complete a convertible loan financing of up to C$3.5-million. The financing will comprise unsecured convertible promissory notes with a term of two years from the closing date and bearing interest at the rate of 10% a year.
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The local extraction of carbide inserts can create job opportunities for communities living around mines – “a true win, win, win situation for society, our customers and ourselves”, Sandvik rock tools division VP Nina Axman enthused on Tuesday. Sandvik is developing a new recycling process that will improve the quality of
The sector has evolved full cycle and has a robust value chain that involves various players from the mining site to the global market. The post Common oversights in the formalization of artisanal mining appeared first on Miningreview.com.
3,862 carats of diamonds sold for gross proceeds of US$5.6 million on a 100% basis, representing an average price of US$1,450/carat. The post Lucapa announces figures for latest Lulo sales appeared first on Miningreview.com.
“Through our client relationships we receive valuable feedback on requirements and and implement innovative ideas.” The post Continuous engineering provides improved robustness appeared first on Miningreview.com.
Owing to the impact of Covid-19 and the subsequent physical distancing regulations, yearly mining conference the Joburg Indaba will be hosted as an online discussion on October 7 and 8. Event organisers Resources 4 Africa CEO Paula Munsie states that this will enable industry players, who were previously unable to
