In the six months to June 30, rough diamond production of the De Beers Group increased by 10% to 16.9-million carats, reflecting a strong operational performance and higher planned levels of production to meet continued strong demand for rough diamonds. Underlying earnings before interest tax depreciation and amortisation (Ebitda) increased
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Zest WEG has progressively increased its level of local manufacturing over the past decade and now boasts six manufacturing sites. The post Zest WEG develops robust local supply chain appeared first on Miningreview.com.
Zimbabwe’s power utility ZESA Holdings will no longer charge mining houses tariffs below cost of production as it is struggling to service “ballooning power import debt.” Exporters, such as mining companies, will be charged $0.1063/kWh from August 1, ZESA executive chairperson Sydney Gata said in a letter to miners. Power
Anglo American CEO Duncan Wanblad on Thursday expressed delight at the energy announcement of President Cyril Ramaphosa, who has unveiled several far-reaching interventions, including a doubling in the allocation for the next renewables procurement round, an uncapping of the 100 MW licence-exemption threshold for distributed generators, and a proposal of
Over the past 40 years, Lukas Lundin was the driving force behind the tremendous success of The Lundin Group of Companies. The post Lucara founder and former chairman passes away appeared first on Miningreview.com.
Swedish-Canadian businessman Lukas Lundin, the co-founder and former chairperson of the Lundin Group of Companies, has died at the age of 64, following a two-year battle with brain cancer. Lukas was the driving force behind the success of the Lundin Group, having started his career in the international energy and
