De Beers cuts diamond prices after covid-19 curbs demand

There were 81 fatalities from January through November, according to data from the Chamber of Mines. Thursday, a death at Tshepong Mine brought total to 82.

Friday, TAZARA resumed transportation of copper which had halted on Tuesday after unionised workers went on strike.

With seven greenfield projects Denver gold miner on track to increase global share of gold production to 5%.

Vedanta Resources said Thursday its Zambian subsidiary KCM plans to set up new copper smelter, cobalt refinery and more under a $1 bln investment programme.

The $300 million deal, which incorporates the Great Noligwa underground mine and related infrastructure, is expected to boost Harmony's operational cash flow by 60%.

Strategy adds 2.1 million ounces to Tropicana's business plan and extends the mine life by seven years to 2027.

Chief executive Bruce Cleaver said the changes were necessary to sustain De Beers' success as a business.

The country’s Ministry of Mines and Energy has renewed the Canadian miner's licence for ten years.

The egg-sized, 709-carat rough yellowish diamond was sold for $6.5 million to luxury jeweller Laurence Graff, chairman of Graff Diamonds.