finance

US$100 million for project finance in Africa

The African Development Bank and the Industrial Development Corporation of SA have signed a US$100 million loan to finance infrastructure projects.
Ivanplats

New Ivanplats multi-purpose community center is Ore-Inspiring

Ivanplats, an Ivanhoe Mines company, has engaged diversified engineering group, DRA Global, to design a one of a kind Multi-Purpose Community Centre.
Rehabilitation

Innovative financial provisioning for rehabilitation requirements

The South African mining industry awaits finalisation of government’s regulatory requirements relating to the rehabilitation of land disturbed by mining.
de beers

Biodiversity: a key sustainability focus for De Beers Group

As an early adopter of global environmental standards, diamond giant De Beers Group has long been raising the bar in sustainable mining practices.
Financial

Financial institutions pledge to increase investment in Africa

Major Development Finance Institutions have agreed to join forces to help boost private investments in developing economies, particularly those in Africa.
Kagem Mining

Kagem Mining invests in new equipment

Kagem Mining, which is 75%-owned by Gemfields, has invested US$11 million in new equipment to increase operational efficiencies at the Kagem emerald mine, creating further skilled local jobs in the process.
Dubai Diamond Exchange

Over 2 million Africa-sourced carats sold by Dubai Diamond Exchange

The Dubai Diamond Exchange in collaboration with Stargems Group have completed six successful rough diamond tenders with over 2 million carats of diamonds sold.
Universal Coal

Universal Coal acquires third colliery

Universal Coal has completed the acquisition of its third operating colliery. The assets that comprise the North Block Complex was aqcuired from Exxaro.
London Stock Exchange

London Stock Exchange recommendations to boost African capital markets

London Stock Exchange Group (LSEG) has launched its series of reports on African capital markets, which were developed as part of its (LAAG).
Botswana Diamonds

Botswana Diamonds nears diamond production from first mine

AIM-listed diamond exploration company Botswana Diamonds is advancing towards diamond production at the Thorny River project in South Africa.

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