Industrial Development Corporation
Diamonds & Gemstones
Gemfields boosted its group-wide revenue by 5% in 2019, exceeding US$200 million of income from emerald and ruby auctions for the first time.
Bushveld Minerals’ ambition is to grow into one of the world’s most significant, lowest cost and vertically integrated vanadium companies.
Business and policy
Mining Charter III heaps more pain on South Africa’s alluvial diamond producers who already face enormous cost burdens and high risks.
Lucapa Diamond Company and the Government of the Kingdom of Lesotho have received an approved loan from theIDC for ZAR100 million for the Mothae mine.