Aquarius Platinum said its Mimosa mine has not been affected by the recent directive from the Reserve Bank of Zimbabwe regarding the suspension of banking services for certain mining companies.
The bodies of 10 illegal miners were pulled from a collapsed tunnel at a disused diamond mine in South Africa's Northern Cape province De Beers announced late on Saturday.
US-based diamond manufacturing and distribution company Lazare Kaplan International Inc. (LKI) has launched a new social initiative, The Lazare Ongoma Initiative (LOI), which aims involve retailers in supporting education in African countries, such as Namibia.
Zimbabwe's central bank threatened to freeze Impala Platinum's local account and ordered local banks to halt managing any of the company’s exports because it has “failed to comply with an order to bank locally,” state-controlled newspaper The Herald reports.
Benoit La Salle is the founder, president and CEO of SEMAFO, a mining company that rates its work in sustainability and community building as high as it does its gold production.
Zimbabwean miner RioZim Limited is negotiating with global giant Rio Tinto in an attempt to acquire the now jointly own Murowa diamond mine in the in south central region of the country.
De Beers on Wednesday launched rescue efforts for diggers who have been trapped after an illegally excavated tunnel collapsed in the diamond giant's abandoned Namaqualand mining area.
African DiamondCorp (LON:DCP) said its 74% owned Lace Diamond Mines, the company's primary asset in South Africa, has entered into a loan funding term sheet with the Industrial Development Corporation of South Africa Limited (IDC), the company announced Monday.