Category: Mining

Diamond sales collapse

Anglo American Plc was forced to rely on profit from iron ore and copper as its fabled De Beers unit reported its weakest earnings since Anglo took control of the… Read more »

Premier announces conversion of loan

ZIMBABWE-focused diversified mining group, Premier African Minerals, has announced the conversion of a loan it recently secured to consolidate its working capital reserves. In April, Premier entered into a secured… Read more »

Alrosa hunts for diamond deposits

The world’s largest diamond producer, Alrosa, has begun preliminary exploration work for commercially viable primary diamond deposits in Zimbabwe in what can potentially catapult the country among the world’s leading… Read more »