Anglo’s diamond pain deepens as prices sink 32%

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THE crisis in the diamond market appears unrelenting, with Anglo American disclosing in a production report on Thursday that average prices for uncut gems...

ARM reopens platinum and nickel mines in projects worth R16bn

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AFRICAN Rainbow Minerals (ARM) announced on Thursday the restart of its Bokoni platinum mine and, in a separate development, the Nkomati nickel open pit...

MARKETS

Congo pushes ahead with local ownership deadline

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DEMOCRATIC Republic of Congo will begin enforcing a long-delayed rule requiring miners to hand over local ownership stakes from 31 July, Reuters quoted the...

Ghana jails opposition figure over illegal mining

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GHANA has sentenced a senior opposition politician to 20 years in prison over charges tied to illegal mining, said Bloomberg News citing a report...

OPINION