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Synthdetect shortlisted for industry innovation award

The International Institute of Diamond Grading & Research (IIDGR), the innovation arm of De Beers Group’s synthetic diamond screening device, SYNTHdetect, has been shortlisted as a finalist for Industry Innovation of the Year in this year’s JNA Awards. SYNTHdetect, launched last year, is the first synthetic diamond screening device to …

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First Quantum given time to solve $7.9bn tax row

Government has given First Quantum Minerals more time to complete its analysis of what it owes after it was slapped with a $7.9-billion tax bill. According to the Finance Minister the government has audited major mining companies operating in the country, which include Vedanta Resources and Glencore. “They are doing …

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Oranto Petroleum enters Zambian market

Pan-African explorer Oranto Petroleum is farming into two exploration blocks located onshore Zambia, as part of the company’s first investment in the country. “Oranto Petroleum is committed to an aggressive work program to increase the level of prospectivity in one of the world’s last true frontier markets,” said Prince Aurthe …

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New fuel-filtration solution power haul-trucks

Cummins’ Fleetguard has ensured that a haul-truck fleet achieve use rates of between 85 percent and 90 percent, after previously experiencing operational difficulties relating to substandard fuel qualities, which had reduced the fleet’s run-time capacity to 65 percent. “Since the solution was implemented in June 2017, the mine’s downtime reduced …

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Weatherly’s operations remain in limbo

Weatherly International may soon close its doors, as its finances are unable to support its day-to-day operational requirements. As a result of the material uncertainty regarding the company’s operational and financial position, the directors have now appointed Simon Kirkhope and Andrew Johnson of FTI Consulting LLP as administrators to the …

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GoviEx closes C$6 million financing

GoviEx Uranium Inc. has closed a private placement financing of 35,674,911 units at a price of C$0.17 per Unit, with each unit consisting of one class A common share and one Class A common share purchase warrant for gross proceeds of C$6,064,734.87. According to the company, each warrant entitles the …

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Precision networking key to mining efficiency

Paratus Zambia says precision mining, using innovative wireless technology to optimise efficiencies is the future of mining sector according to connectivity specialist. According to the company, the country’s low-grade ore bodies is increasingly looking for economies of scale and ultra-efficient systems in order to remain profitable, and the latest state-of-the-art …

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Pumps improve efficiency and reduce costs

The Acid Mine Water Drainage Scheme is a project to de-water abandoned gold mines in the Johannesburg Area. Since the mid-19th century, mines started moving and followed the gold vein. Many of the original mine shafts near Grootvlei became abandoned and over the years filled with acidic mine water. Persistent …

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CEC divest from Liquid Telecommunication

The Copperbelt Energy Corporation Plc (CEC) has offloaded 50 percent shareholding in CEC Liquid Telecommunication Limited to Liquid Telecommunications Holdings Limited. CEC is the legal and beneficial owner of 50 percent of the allotted and issued share capital of CEC Liquid Telecom. On completion of the deal Liquid shall procure …

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What to expect at CAMINEX 2018

VoidCon Decking Systems will be looking to meet construction related companies to discuss the cost saving and environmental benefits of its composite suspended slab system. There will also be an opportunity for entrepreneurs to discuss the option of becoming representatives and or Licensees. Visitors to the Cohamet Engineering stand will …

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