Endeavour Mining posts 34% output rise in fourth quarter
Higher grades and throughput after the end of the regional wet season helped gold production increase to 363,000 oz.
De Beers Consolidated Mines (“DBCM”) today announced that it has entered into an agreement to sell Namaqualand Mines to Trans Hex in a transaction valued at R225 million.
The agreement to sell the mine to Trans Hex follows an open and rigorous selection process that evaluated prospective bidders on a number of criteria determined by DBCM as critical to ensuring the long-term sustainability of Namaqualand Mines community.