Lucapa to sell majority stake in Lesotho diamond mine

The diamond miner is also discussing options for the 30% in the Mothae mine held by the government of Lesotho.

Cecilia Jamasmie | May 15, 2024 | 3:20 am

Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.

Cecilia Jamasmie | May 14, 2024 | 4:04 am

The partners are advancing a pilot plant in Canada’s oil patch, where they are testing a direct lithium extraction (DLE) technology.

Cecilia Jamasmie | May 13, 2024 | 7:14 am

The incident, the second of this kind this year, happened in an area with no people nearby and it is being investigated, Rio said.

Cecilia Jamasmie | May 13, 2024 | 3:31 am

While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.

Cecilia Jamasmie | May 10, 2024 | 6:45 am

Key milestones, including the recovery of high-quality diamonds at the Botswana mine and a new long-term sales deal, contributed to the results.

Cecilia Jamasmie | May 10, 2024 | 3:40 am

The partnership is structured in two phases: project generation and possible development and operation of mining projects on a 50:50 basis.

Cecilia Jamasmie | May 9, 2024 | 5:28 am

British exploration firm Argentum cannot claim compensation for recovering the silver found amid the wreckage of the SS Tilawa ship.

Cecilia Jamasmie | May 9, 2024 | 3:46 am

Despite the hype, man-made diamonds only account for 20% of global diamond jewellery sales and analysts expect their price to fall.

Cecilia Jamasmie | May 8, 2024 | 8:20 am