September 16, 2011

Namibia: diamond company supports Orphan Trust

Gemxcel Diamonds, has been donating N$7000 per month to the Christina Swart-Opperman Aids Orphan Foundation Trust since August. The money enables the trust to continue with its projects, according to…

September 16, 2011

Beneficiation to be incorporated in new Zimbabwe diamond policy

HARARE (miningweekly.com) Zimbabwe wants 10% of all diamonds mined in the country to be cut and polished locally, Mines Minister Obert Mpofu said in Harare this week. A diamond policy…

September 16, 2011

Production halted at platinum mine

Platinum Australia shares fell after production was halted at the miner's flagship Smokey Hills operation in South Africa, amid community dissent.

September 16, 2011

Perseus Mining progresses Edikan gold mine start up

Perseus Mining Ltd in an update on commissioning at its Edikan gold mine in Ghana said the process plant is currently achieving increasing rates of utilisation (87%) and mill throughput…

September 15, 2011

De Beers, Botswana deal agreed

Nine months overdue, the diamond marketing contract between the Government of Botswana and De Beers will finally be signed tomorrow in Gaborone, Mmegi reported on Thursday.

September 15, 2011

Zimbabwe softens tone on foreign mining companies

A Zimbabwe government official says a law forcing foreign companies to surrender 51 percent stakes to local people was "an aspiration," not a hard target, Reuters is reporting: "This is…

September 15, 2011

400 firms apply for diamond licences as Zimbabwe softens ownership blow

Zimbabwe's mines minister on Thursday told delegates at a conference in the capital Harare that the government has received 400 applications from companies interested in mining diamonds, despite an international…

September 15, 2011

Anvil Mining reins in $1 billion takeover rumours

Anvil Mining (TSE:AVM), a copper miner based in the central Africa, tamped down speculation that it may be acquired for $1 billion. Australian Finance Review reported that it was in…

September 14, 2011

Antimony tops metals and minerals risk list, China controls 50% of 52 critical chemicals

The British Geological Survey (BGS) on Wednesday published the latest list of the 52 elements, minerals and metals most at risk of supply disruption because global production is concentrated in…

September 13, 2011

Rössing will not agree to MUNs demands

While Rio Tinto’s Rössing Uranium Limited is committed to solving the dispute over employee bonus payments with the Mineworkers Union of Namibia (MUN), it would not agree to the union’s…