February 14, 2012

Fuel cell powered mine loco to be trialled at Anglo Platinum

Discussed in depth in our forthcoming March 2012 issue, the use of rail in underground mining is still widespread. It is also not standing still in terms of new technology.…

February 13, 2012

Another Zimbabwe diamond mine gets OK

International diamond watchdog the Kimberley Process (KP) has certified Zimbabwe's Diamond Mining Company to sell gems from the violence-tainted Marange fields, state media reported on Sunday.

February 13, 2012

Anglo Platinum’s very bad year could be good for the market

Anglo Platinum, the world's number one platinum producer, suffered more than 80 safety-related work stoppages including 12 fatalities, that resulted in lower output and a drop in profits of over…

February 12, 2012

Rio Tinto’s Diamond Income +6.6 pct in 2011

Heavy rains at Argyle (above) in 2011 led to lower production and a need to add $0.5 billion to the underground project (IDEX Online News) – Rio Tinto diamond revenues…

February 12, 2012

Zimbabwe diamond miner gets ‘watchdog approval’ (AFP)

HARARE (AFP) - International diamond watchdog the Kimberley Process (KP) has certified Zimbabwe's Diamond Mining Company to sell gems from the violence-tainted Marange fields, state media reported on Sunday.The firm,…

February 10, 2012

S. Africa’s Zuma squashes mine nationalization talk

President Jacob Zuma squashed more than two years of talk on Friday about the nationalisation of South Africa's massive mining sector, saying state control or ownership of the mines in…

February 10, 2012

De Beers expects dull year for diamonds despite sales increase of 27%

Diamond demand will slow down significantly in 2012 said today De Beers SA, the world’s largest supplier of rough diamonds, due largely to the weak global economy.

February 10, 2012

DiamondCorp walks away from its Botswana kimberlite project

DiamondCorp (LON:DCP), the African diamond mine development and exploration company, will not proceed with further exploration in Botswana due to the recovery of low grades in the area, announced the…

February 9, 2012

Ghana sets up committee to review mining contracts

The country has set up a committee to review and renegotiate stability investment agreements with mining companies, a senior government official said Thursday.

February 8, 2012

Namibia uranium deal on the boil for Rio

Rio Tinto is eager to secure a joint venture with the likely new owners of the huge Husab uranium deposit in Namibia.