Diamond trading goes online as Lucara takes on industry goliaths. STOCKHOLM – The opaque diamond trade may be ripe for disruption. Lucara Diamond, which recently found the second-largest diamond in history in Botswana, is taking on industry giants such as De Beers...

Threat of deregistration motivated by State captured by white monopoly capital, says AMCU. JOHANNESBURG (miningweekly.com) – The Department of Labour (DoL) registrar’s intention to deregister the Association of Mineworkers and Construction Union (AMCU) for failing to hold a congress within t...

Implats maintains 2019 guidance despite challenging third quarter. Against a backdrop of challenges in the third quarter, ended March 31, for platinum miner Impala Platinum (Implats), the miner has maintained its market guidance for the full-year. The full‐year ref...

Ivanhoe to fast-track southern Africa mines as Citic invests another C$612m. Canada-based Ivanhoe Mines will fast-track production at its Southern African projects, after Chinese shareholder Citic Metal invested another C$612-million, pushing the company’s cash position to C$1....

Challenges persist, but mining sector has made huge strides since 1994. The local mining landscape has changed significantly in the quarter century following Nelson Mandela’s inauguration as the first democratically elected President of South Africa. While the industry ...

Sibanye increases offer for Lonmin. Dual-listed Sibanye-Stillwater and platinum miner Lonmin on Thursday announced that their boards have reached an agreement on the terms of an increased recommended all-share offer for Lonmin’s entire s...

Jewellery gives platinum biggest bang for marketing buck by far – Amplats. JOHANNESBURG (miningweekly.com) – Marketing investment in the jewellery sector provides platinum with its biggest, best and quickest return by a long shot, with platinum jewellery accounts for 30% of t...

Gold Fields says will reach two-million-ounce production mark this year. JOHANNESBURG (miningweekly.com) – JSE-listed Gold Fields expects to reach its two-million-ounce milestone for the first time this year, as its Damang project, in Ghana, increases production, as the Gru...

ICMM to establish mine tailings storage facilities standard. International mining organisation, the International Council of Mining and Metals (ICMM) will conduct an independent review of mine tailings storage facilities to establish an international standard fo...

South African government says it intends to deregister AMCU. JOHANNESBURG – The South African government intends to cancel the registration of the Association of Mineworkers and Construction Union (AMCU) for not operating according to the Labour Relations Act, a...