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IMF projects improved GDP

The International Monetary Fund (IMF) anticipates GDP growth, citing a hike from 3.4 percent recorded in 2016 to 4 percent in 2017, following the Fund’s recent countrywide tour. The Fund attributes the development to this year’s bumper harvest and increased hydroelectricity generation expected to boost economic activity more than previously …

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Another exceptional discoveries for Letšeng Mine

British miner has discovered a high quality 104.73 carat diamond and a 151.52 carat yellow diamond. The discovery from the company’s Letšeng mine in Lesotho follows recent recoveries announced in May of an exceptional 80.58 carat D-colour Type IIa diamond and a 98.42 carat D-colour Type IIa diamond, as well as …

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Inaugural Copperbelt Investors Indaba on the cards

Three mining industry players – Africa One, Zambian Mining News and GrowSA are to host the first Copperbelt Investors Indaba in Kitwe in early October. The platform is to provide a platform for South African business people to engage directly with their counterparts on the Copperbelt. “The copperbelt is well …

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App ease WearCheck’s dialogue with customers

WearCheck has launched an interactive customer application to improve customers’ benefits. According to the oil condition monitoring company the app allows customers to make virtually instantaneous maintenance decisions. Neil Robinson WearCheck, Managing Director says the ground-breaking, highly innovative and revolutionary app has reliable data available while patrolling the factory floor …

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Top 40 miners recover from a race to the bottom

PwC Africa’s 14th edition of PwC’s industry series analysing financial performance and global trends – PwC’s Mine 2017 report has painted a positive outlook for the mining industry. This comes at the backdrop of bolstered balance sheets and a return to profitability in 2016, giving mining companies much-needed space to …

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