Anglo’s Wanblad hints at more diamond production cuts
Further reductions in diamond output from De Beers could be on the cards as market conditions remain depressed despite the three million carat chop...
Afrimat profits drop by 45% as it digests the latest acquisition...
Diversified mining group Afrimat reported a 45% drop in operating profit to R292,7m in the six months to end-August (previous comparable period – R534.1m)...
De Beers exploration push into Angola finds eight diamond project targets
De Beers has wasted no time getting its exploration work in Angola up to speed with CEO Al Cook telling delegates to the Angola...
Omnia rebrands mining business ahead of global push
OMNIA Holdings (Omnia) is pleased to announce the rebranding of Protea Mining Chemicals (PMC) under its Mining segment, BME. This strategic move consolidates Omnia’s...
MWS expansion is a turning point in the future of Harmony...
The bucks are rolling into Harmony’s Mine Waste Solutions (MWS) dump retreatment operation near Klerksdorp which – according to CEO Peter Steenkamp – stands...
Gem Diamonds boosts revenues through the sale of six large diamonds
Gem Diamonds bucked the trend in the depressed global diamond industry during the September quarter thanks to the sale of six large diamonds of...
Rainbow Rare Earths will only supply Western users of these critical...
Rainbow Rare Earths (Rainbow) CEO George Bennett today stressed once again the critical strategic importance of the company’s Phalaborwa project given the push by...
Petra manipulates diamond sales mix to improve prices at the...
Petra Diamonds increased overall average diamond prices by 13% for the first two tenders of its financial year to June 2025 by manipulating its...
Pan African raises R850m as gold stages fresh record surge
PAN African Resources said on Monday it had raised R850m in sustainability-linked notes ahead of the repayment of a three-year bond in December.
The group...
Structurally inflexible, the PGM sector can only watch and wait
ONE question put to Anglo American Platinum (Amplats) by a US investor on a recent roadshow was whether South Africa’s platinum group metals (PGM)...