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CEO wants over $60m for biggest diamond in a century

Lucara Diamond Corp last week announced the discovery of the 1,111 carat gem-quality diamond.

In the midst of the commodity rout, chocolate is not a bad idea

For soft commodities the worst is still come.

The boot is on the other foot in the battle between Beny and Rio

RICO counts dismissed as US courts find for Steinmetz and against Rio Tinto.

[PODCAST] The Steinmetz Affair

Beny Steinmetz’s BSGR has had the charges against it dropped in its case with Rio Tinto.

Zambian president meets mine unions as industry bleeds jobs

Glencore, First Quantum to cut more than 9 000 jobs.

Lucara’s immense diamond discoveries

Lucara Diamond Corporation discovers 1 111 gemstone.

Was billionaire Steinmetz betrayed over diamond mine?

The diamond mine in Sierra Leone is at the centre of the dispute.

Zambia union opposes Glencore’s planned job cuts

Union says Glencore should explore other cost cutting options or surrender its mine.

Africa oil sees joint pipeline as only option for Uganda, Kenya

Countries must agree on a route before East Africa can export its first oil.

Mining skills not keeping up with technology

No room for unskilled labour in Nick Holland’s gold mine of the future.

Harmony delivers encouraging production performance: Graham Briggs, CEO

‘The focus must be to keep production firing on all cylinders’.

Randgold Resources: The cash-spewing monster rolls on

Third quarter results saw production up with slightly lower profits.

Diamonds aren’t forever for Botswana as mining boom fades away

The honeymoon is over in Botswana, where the diamond industry that led the world has fallen on hard times.

INTERVIEW: Ludivine Wouters from Latitude Five

On the opportunities of investing in Francophone West Africa.

INTERVIEW: Jonah Capital buys BHP’s Liberian iron ore assets

Sees quick start-up with sufficient margin to compete at current iron ore prices.

Glencore mine closures hurt most those who have the least

With an 18% drop in copper prices and plunging shares, Glencore is targeting Africa mining operations to help save itself.

Exxon, Eni, Sasol win rights to explore Mozambique’s oil and gas reserves

Companies to explore new blocks comprising some 74 000 sq km.

The plan for Mimosa with new owners

New expenditure likely to be ‘on greater efficiencies’ at the mine.


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