Diamond - Copperbelt Katanga Mining

A group of provincial deputies from Kasai presented, Tuesday, September 2, a notebook containing several grievances, including the opening of artisanal diamond mining areas in this province in order to allow artisanal miners, commonly called diggers, to have spaces where they can exploit without constraints of the holders of mining squares. The provincial deputy, Diallo Meba Kalumba, who spoke on behalf of his colleagues, summed up DESKECO COM over the phone the content of their specifications. “We presented on behalf of the population the grievances related to their unhealthy treatment… Read More Here

Mining Careers Diamond

PROCUREMENT MANAGER| MINING CAREERS AT ATS, a TSEBO SOULTION, LUSAKA, ZAMBIA

September 1, 2020September 1, 2020 admin

apply now PROCUREMENT MANAGER REPORTS TO: OPERATIONS MANAGER ‎As the leading integrated facilities solutions provider in Africa and the Middle East, operating in over 28 countries, with over 40 000 employees, the Tsebo Solutions Group enables businesses to optimise their efficiency and productivity, and become more successful. We take responsibility of our customers’ non~core activities outside of their expertise, empowering them to focus on their core business. Our local expertise, global standards and innovative cross-divisional solutions, such as catering, cleaning, facility management and security, give us the edge to optimise… Read More Here

Mining in DRC Diamond

Félix Tshisekedi requests for urgency release of 5 million USD for relaunch of MIBA | DRC

August 23, 2020August 23, 2020 Arnie

The President of the Democratic Republic of Congo, Félix Tshisekedi, during his communication to the 45th meeting of the Council of Ministers on Friday, August 21, echoed the urgency to release 5 million USD to allow the relaunch of MIBA (Minière de Bakwanga), in the application of decisions taken at previous meetings. Also, the Head of State said he found that MIBA has never again benefited from the revenues of the Anhui-Congo Mining Investment Company (SACIM) which operates the Tshibwe diamond deposit, in the Miabi territory, within the framework of… Read More Here

Diamond

Gem recovers 442 ct of diamond in Lesotho

August 21, 2020August 23, 2020 admin

London-listed Gem Diamonds has recovered a high-quality 442 ct Type II diamond from its Letšeng mine, in Lesotho. CEO Clifford Elphick says the recovery of the 442 ct diamond “is further confirmation of the calibre of the Letšeng mine and its ability to consistently produce large, high-quality diamonds”. A portion of the proceeds from the sale of this diamond will be used to fund a special community project, as agreed with the miner’s partner − the government of Lesotho. About Letseng Diamond Mine The Letšeng diamond mine, found in the landlocked Southern… Read More Here

Diamond Mining in DRC

Mbuji-Mayi’s TRIPAIX takes under advisement the trial of MIBA experts

August 20, 2020August 20, 2020 arnbethnic

The Mbuji-Mayi peace court, sitting last weekend in a fairground at the central prison of Mbuji-Mayi, in the prosecution case against the accused Claude Mianzuila Disimba, former diamond expert of the MIBA company, has taken under advisement this file. He is accused of defamation by the wife of the former financial director of the outgoing management committee of this mining company. According to the ACP, this judicial body has exhausted all stages of the judicial process, in accordance with the Congolese penal code. The body of the law requested the… Read More Here

Gold Diamond Mining in DRC

The ounce of gold hits a record high of US $ 1,930.48 on Monday July 27

August 1, 2020August 2, 2020 arnbethnic

Several exchanges announce that an ounce of gold reached the bar of 1,930.48 USD on Monday July 27th on the market, thus beating the historic level of September 2011 when the yellow metal was trading at 1,921.18 USD. One ounce of gold corresponds to a weight of 31.103 g of gold. It takes precisely 32.15 ounces of gold to get one kilogram of gold. And so at a price of $ 1,930.48 per ounce of gold, 1 Kg of gold is going to be worth around $ 62,064. For many observers, gold remains… Read More Here

Diamond Exploration

Russia’s Alrosa kicks off diamond exploration in Zimbabwe

July 22, 2020July 22, 2020 arnbethnic

Russia’s Alrosa (MCX:ALRS), the world’s top diamond producer by output, has begun prospecting and preliminary exploration works for deposits in Zimbabwe through it’sjoint venture with the Zimbabwe Consolidated Diamond Company (ZCDC). The move is a welcome boost to the southern African nation’s attempts to expand diamond mining revenues. Zimbabwe first began allowing foreign companies to dig up precious stones in 2018, opening the door to private investors. Mines minister Winston Chitando said at the time that his office was considering letting foreigners hold majority stakes in local operations on the condition that… Read More Here

Diamond Global markets

Lucara sales deal to keep cash flow from large stones coming for 2020

July 18, 2020July 18, 2020 arnbethnic

Lucara Diamond has found an avenue to sell its large diamond production from its Karowe mine in Botswana, through an agreement with HB Group, an Antwerp-based diamond manufacturer. The deal will ensure the company will see cash flow this year from a category of diamonds that normally accounts for 70% of its revenue. The diamond market has been severely disrupted by the covid-19 pandemic, which has restricted travel required to buy and sell diamonds, depressed prices, and impeded cash flow to miners. The agreement will apply to Lucara’s full-year production of… Read More Here

Diamond Mining in DRC

KPCSC calls on DRC to formalise diamond craft sector to combat illicit trade

July 12, 2020July 12, 2020 arnbethnic

In its report published last June, the Kimberley Process Civil Society Coalition (KPCSC) calls on seven African countries, including the Democratic Republic of Congo (DRC), to formalize the diamond craft sector, with a view to combating the illicit diamond trade and preventing abuses by local communities. The report states that the advent of Covid-19 and containment measures have had a negative impact that has led to a reduction in the production and number of workers in mining companies in particular, in the 28 (twenty-eight) diamond mining areas in 9 (nine)… Read More Here

Diamond Mining in DRC

MIBA seeks government payment of $10 million relief to boost production | DRC

June 26, 2020June 26, 2020 arnbethnic

Bakwanga Mining (MIBA), a Congolese industrial diamond and jewellery company, is seeking financial support from the government of around TEN million U.S. dollars to restart production. A delegation from this company, led by its new Director-General, Paulin Lukusa, met on Thursday (June 25th) with Deputy Finance Minister Junior Mata on the issue. The CEO of MIBA stated that the production of this state enterprise is asphyxiated and that the payment of this support will relieve its cash flow which faces several charges. “MIBA is bankrupt. Workers are hit by… Read More Here