International diamond and metals exploration company Tsodilo Resources has negotiated a non-brokered private placement of 2.2-million units of the company, which will provide gross proceeds of C$440 188.20. Proceeds from the private placement will be used for the advancement of the Xaudum iron formation project, in Botswana, and for general
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Canadian diamond miner Mountain Province has entered the 2023 cold weather and ice road resupply season with good momentum and a backdrop of a resilient rough diamond market,” CEO Mark Wall said on Thursday. Having had a challenging start to 2022, mainly owing to a spike in Covid cases at
Mining Weekly Editor Martin Creamer unpacks the 9 GW of various energy projects in the private sector; Africa’s position to export hydrogen; the now contained tailings breach at Petra Diamonds Williamson mine.
LSE-listed diamond developer and miner Botswana Diamonds has completed construction of its Marsfontein alluvial project, in Limpopo, South Africa, and has started stripping of the overburden overlying the gravels. As such, MD James Campbell says production is imminent.
India has opted for hydrogen fuel-cell heavy-duty mine truck mobility in a green initiative that will have platinum group metals (PGMs) miners applauding. This is because the clean emission-free power will come from proton exchange membrane PEM technology, which is PGM-enabled.
South Africa’s mining production fell by 9% year-on-year in November last year Statistics South Africa (Stats SA) reports in its latest mining production and sales report. The 9% decline is a slight improvement over the 11% year-on-year dip that was recorded in October. However, financial services firm Investec noted on