De Beers is considering ways to restructure mines, expand in jewelry and overhaul diamond sales, as the world’s biggest and oldest producer rethinks its entire business in an industry left paralyzed by the pandemic. The company founded by British imperialist Cecil Rhodes in the late 1800s was under pressure even
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TSX-V-listed diamond and metals explorer Tsodilo Resources has reached an agreement to grant private Botswana-based alternative investment firm TBM royalties on its wholly-owned Botswana subsidiary Gcwihaba Resources’ metal projects for $500 000. Gcwihaba’s metal licenses include those for base and precious minerals, platinum group metals and rare-earth elements.
London-listed diamond miner Petra Diamonds has reported a 7% year-on-year reduction in production, from 3.87-million carats in the 2019 financial year, to 3.59-million carats in the financial year ended June 30, 2020. Production was severely disrupted by the lockdown implemented in South Africa from March 26, while the Williamson mine,
“Virtual editions of industry and regionally leading events such as DRC Mining Week and African Utility Week have been very well received.” The post Nigeria Mining Week to proceed digitally in October and reconvene in 2021 appeared first on Miningreview.com.
Alrosa Zimbabwe (Alrosa Zim), a joint venture (JV) between Russian diamond miner Alrosa and Zimbabwe State-owned miner Zimbabwe Consolidated Diamond Company (ZCDC), has started prospecting and preliminary exploration works for primary diamond deposits. After getting special grants from the Ministry of Mines and Mining Development, Alrosa Zim had the environmental-impact
