The firm is looking for potential deals to process rough diamonds in countries including Namibia, South Africa, Lesotho and the DRC.

It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same cycle of 2022.

The lithium operations have been put on hold for 7 days to address administrative concerns raised by authorities.

The continent’s financial institutions won’t be able to provide even half of that, according to Standard Bank.

Miners are scrambling to develop projects.  

PGM production from operations in southern Africa and the US declined to 480,481 ounces in Q1, down from 533,237 ounces during the same period last year.