Implats lifts force majeure, revises 2020 output

Ratings agency Moody's warned on Wednesday that new regulations seeking to accelerate black ownership in South Africa's mining industry would deter investment, raise costs and diminish cashflow generation.

South Africa-listed Pallinghurst now needs just 60% of Gemfields’ shareholders to back its unsolicited takeover offer.

The precious stones miner has recommended shareholders to accept offer, despite considering it “unfair.”

It’s a buyer’s market—if you know what you’re looking for.

The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser

Workers at the mine downed tools over a week ago, angered by the company’s actions to eradicate illegal miners from its operations.

The country will require local miners to be 30% black-owned and has set a 12-month deadline for them to comply with the new rules.

Them mv SS Nujoma is the sixth diamond exploration vessel to join the fleet of Debmarine Namibia, a 50/50 joint venture between the government of that African country and De Beers.

It sold $54.8 million worth of rubies, a record high for any Gemfields auction and a 24% increase in revenue from the previous record.