First Quantum calls off massive job cuts in Zambia
The Canadian miner planned to lay off 2,500 workers due to higher mining taxes in the country, but has now decided to continue dialogue with the government over the issue.
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.
Charles Taylor, was convicted in April of war crimes for arming Sierra Leone's rebels in return for blood diamonds. Taylor is now awaiting sentencing and the BBC tries to find out if mining in the country is now “clean”.