As the Inkatha Freedom Party, we would like to offer our message of support to the families of the three miners who are still trapped underground at Lily mine in Mpumalanga. We acknowledge that it is now more than a month since the tragedy strike…
Pretoria: A joint police operation looking into illegal mining in Gauteng’s east rand has ended in the successful arrest of six men in Thokoza, Ekurhuleni. The six suspects were arrested by members of the South African Police Service’s National Investigative Unit (NINU) and crime intelligence,…
One-Carat RAPI Rises for Fourth Consecutive Month PRESS RELEASE, March 1, 2016, New York ... Polished diamond prices rose in February continuing the uptrend evident since November. Shortages continue to support the market while trading slowed during the month as dealers in China and Hong…
AngloGold Ashanti today said it cut net debt by almost a third last year after margins increased despite lower gold prices, and the company generated free cash flow of $160m in the fourth quarter. AngloGold Ashanti delivered on a range of self-help measures last year…
Shortages Spur Increases in RAPI for 0.30-0.50ct. Diamonds New York - Polished diamond prices rose in January as shortages continue to support the market. U.S. demand is steady after a reasonably good holiday season, while China's wholesale market slowed as the focus shifted to retail…
Statement by Martin Rapaport De Beers is moving forward in the right direction by reducing rough prices sufficiently to enable increased sales of rough diamonds and a resumption of diamond manufacturing activity. This is evidenced by an increase in De Beers rough diamond sales by…
AngloGold Ashanti regrets to announce the death of an employee at its TauTona Mine in the Carletonville area. The deceased, a Rock Drill Operator, was fatally injured in a fall of ground incident on Monday, 11 January 2016. The Department of Mineral Resources has been…
Polished diamond market sentiment improved in December as shortages supported prices and dealers filled last-minute holiday orders. Initial reports about U.S. holiday season jewelry sales are positive. General retail sales were up about 8 percent with online mobile sales up 50 to 60 percent. However,…
(News Release – Johannesburg) -- The Tropicana Gold Mine today celebrated production of its 1 millionth ounce on schedule, just over two years since pouring first gold. “We poured first gold at Tropicana in September 2013 and the fact that the mine has produced its…
November 3, 2015, New York ... Polished diamond prices fell in October despite rising expectations for the U.S. holiday season. Trading improved but turnover is well below last year's levels. Suppliers are holding large polished inventory, while dealers are trying to buy select goods at…