Four Men Sentenced for Illegal Mining

Kimberley- The Northern Cape Hawks welcomed the court outcomes against four suspects sentenced for illegal mining. Ayanda Booi (29), Fikile Sixeshe (37), Monwabisi Vincent Ntsham (46), Kwenza Ndlovu (40) were arrested for illegal mining on 24 April 2016 on De Beers mining area in Kleinzee.…

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Common Ground

A Big Fish Production ‘Illegal’ mining is in the spotlight once again. This week’s episode of Special Assignment illuminates the issue with a revealing documentary that explores the underlying complexities of the unregulated side of gold mining, borne out of perpetual unemployment and a shrinking…

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Six illegal mining suspects to appear in Palm Ridge Court

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,…

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The Right Way Forward

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…

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AngloGold Ashanti Holdings plc Offers to Repurchase Bonds to Cut Debt, Interest

AngloGold Ashanti today announced that its wholly owned subsidiary, AngloGold Ashanti Holdings plc (“AGAH”), is offering to buy back up to $810,000,000 in aggregate principal amount of its outstanding 8.5% high-yield bonds that mature in 2020, as part of its strategy to reduce debt and…

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