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Grizzly Emerald Auction Generates US$32.5 Million

One of the world’s largest producers of emeralds, Grizzly Mining Limited has announced the results of its latest international emerald auction held in Dubai in July 2024. The auction featured mid to high grade rough emeralds from the company’s flagship Grizzly emerald mine in Zambia. The auction generated a strong revenue …

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NAPSA to invest $200 million towards construction of Maamba

The National Pension Scheme Authority (NAPSA) has announced the signing of a financing agreement with Maamba Collieries Limited to invest up to $200 million in form of debt financing towards the Maamba Phase II project. The Maamba Phase II power project is estimated to cost up to $400 million, to …

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Dialogue on creating a post-mining future for communities

A dialogue session at Wits University later this month will give some new insights into practical and strategic ways for mines to do right by communities, now and into the future. The event is arranged by the Successful Application of Technologies Centred Around People (SATCAP) programme at the Wits Mining …

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DRC Mining Boom: Riches or Responsibility?

The Democratic Republic of Congo (DRC) is on a mineral rush, and the recent DRC Mining Week in Lubumbashi underscored the urgency of finding sustainable solutions alongside this rapid growth. Global consulting firm SRK Consulting, with a presence at the event, highlighted the growing emphasis on responsible mining practices. “The …

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