Anjin ‘grabs most lucrative diamond claim’ in Marange – report

Anjin Investments has allegedly taken control of the most lucrative diamond claim in Marange from the state-owned Zimbabwe Consolidated Diamond Company (ZCDC). Anjin is a joint venture between China’s Anhui Foreign Economic Construction Company...

Today

Geneva court finds Israeli tycoon Steinmetz guilty sentencing to 5 years in jail

Israeli mining tycoon Beny Steinmetz was found guilty of bribing Guinea officials close to former president Lansana Conte, to give him access to an iron-ore mine for a mere US$200m, now valued at US$5bnb, a Geneva judge ruled, sentencing Steinmetz to...

Today

Geological exploration going on at Luaxe in Angola

Guided by Decree 192-A / 20 issued by the President of Angola on 23 July 2020, the local executive authorities gave their permission to go on with exploration work at the Luaxe Diamond Field to increase government revenues, create jobs and promote national...

Yesterday

Diamond industry, prices continue to strengthen – Lucapa

Lucapa Diamond, which mines in Angola and Lesotho, says the consumption and strong demand that saw the diamond industry begin its recovery in the third quarter of 2020 and during the festive period, has continued into 2021.

Yesterday

Botswana Diamonds raises £363k to fund exploration activities

Botswana Diamonds arranged a placing with existing and new investors to raise £363,000 through the issue of 60,5 million new ordinary shares for 0.6p each.

Yesterday

How automation can transform mining

20 may 2020

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Image credit: Gerd Altmann (Pixabay)

(raconteur.net) - Mining is a traditionally analogue business. After all, the industry’s symbol worldwide is a hammer and pick. Yet, despite the sector’s antiquated reputation, some major mining companies are taking a progressive stance and proving digitisation and automation can achieve much better operational outcomes. Known as Mine 4.0, the industry is seeing digital transformation creep into everything from trucks, drills and trains to back-office processes, such as procurement and supply chain logistics.