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Continent’s association of mines on the cards

Chamber of Mines South Africa has applauded the increasing collaboration between the mining bodies from Southern Africa. Roger Baxter, Chief Executive Officer of Chamber of Mines said the growing alliance will soon champion the formation of the Association of Chambers of Mines in Africa. The Association is envisaged to be …

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Mining, agriculture spur economic growth

Positives economic activities are expected to spur the country’s economic growth, according to finance minister Felix Mutati’s 2018 budget forecast. Mutati said continued rebound is expected to push economic growth to above 4.0 percent for the year 2017, above 3.8 recorded in the previous year. The minister said the key …

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Firestone diamond sale hits US$69/ct average

AIM-quoted diamond outfit, Firestone Diamonds’ latest diamond sale sold 195,330 carats for US$13.5 million. Firestone’s July and September 2017 diamond sale included the company’s second US$1 million stone, achieving an average value of US$69/ct. According to the company, the average realised value per carat represents the continued lower than expected …

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