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Rio Tinto's diamond production up by 58% in Q4 2017

Announcing its fourth-quarter production results, mining major Rio Tinto has announced that its diamond production for the period under review amounted to 7.20 mn carats as compared to 4.57 mn carats in the Q4 of 2016, an increase of 58 percent.

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DDA Trading Bvba announced the sale of the Namibian marine rough diamond production

DDA Trading Bvba announced the sale of the Namibian marine rough diamonds from IMDH (International Mining and Dredging Holdings Ltd).

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FAS requests to amend terms of ALROSA gas assets auction from Finance Ministry

(vedomosti.ru) - Russia’s Federal Antimonopoly Service (FAS) asked the Ministry of Finance to amend the terms of the ALROSA gas assets auction. The body cannot continue its examination of these terms after Rosneft has withdrawn its complaint...

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Signet Holiday Sales Disappoint

Signet Jewelers’ holiday sales fell 3% as issues relating to outsourcing its credit transactions adversely impacted the business.

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Zim anti-graft body after ex mines minister for ‘looting’ Marange diamonds

The Zimbabwe Anti-Corruption Commission (Zacc) is probing the country’s former mines minister Walter Chidhakwa over diamonds that allegedly disappeared from Government vaults during his stint at the ministry.

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Botswana’s mining sector faces doom and gloom

12 january 2018

(journalducameroun.com) - The future of Botswana’s mining sector hangs in the balance as eight mines were closed since 2010 and shed more than 7000 jobs in the process, according to a report compiled by the Ministry of Mineral Resources. With a population of less than 2 million, the number of jobs lost in the last seven years is said to be something of a great concern. Botswana is depended on the mining sector and it earns the bulk of its revenue from the same sector.

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