Britain’s Firestone to sell Botswana diamond mine for $50,000

The new deposit should compensate for the depleting stock of the Komsomolsky open-pit mine.

The find is the third Type II D-colour gem-quality diamond weighing more than 100 carats recovered since March and the fourth such rock discovered in the current financial year.

Niron Metals, an investment vehicle co-founded and headed by Davis, has struck a deal with Liberia allowing it to use a rail and port to export iron ore from Guinea's Zogota iron ore deposit.

Consolidated gold production was 230,859 ounces, 6% (12,704) ounces above budget.

The company, South Africa's largest gold producer, has run up losses of about 1.6 billion rand ($114 million) and about 110,000 ounces of missed gold output because of the labour action.

The restart of operations follows a refurbishing process designed by new operator CNM back in 2014.

Botswana's state-run Okavango Diamond Company has unveiled what is believed to be the largest blue diamond ever discovered in the southern African country.

Lead battery-powered energy storage highlighted by research consortium’s online map.

Mining flotation chemicals are used during the ore beneficiation process.