SolGold PLC Announces Appointment of Director
The Board of SolGold Plc (LSE:SOLG)(TSX:SOLG) is pleased to advise that Mrs Elodie Grant Goodey has been appointed to the Board of...
Noront Resources Appoints New Director and Issues Stock Based Compensation and Interest Shares
Noront Resources Ltd. (“Noront” or “the Company”) (TSX Venture: NOT) announced today that Mr. Matthew Quinlan, Interim CFO for Trevali...
Standard Bank signs $485m financing deal for mega Mozambique gas project
South African banking group Standard Bank confirmed on July 17 that it would contribute $485-million (over R8-billion) in debt finance...
Decline in business debt confirms deepening recession
Experian South Africa’s quarterly Business Debt Index (BDI) for quarter one (Q1) 2020 worsened sharply in to -0.710, from -0.499...
President Buhari upbeat on Nigeria’s mining hopes with new reforms
Nigeria’s President Muhammadu Buhari on Thursday expressed hopes that the country’s new gold reforms will earn the government $500 million...
TWO POWER PLANTS FOR HWANGE
THE Western Coal and Energy Company plans to build 2x300MW power plants in Hwange at a cost of US$1.2 billion...
Court suspends Vale’s $1.5bn deposit in Brumadinho case
Vale (NYSE: VALE) said on Friday that a new court decision had suspended 7.9 billion reais ($1.5 billion) in legal...
Antwerp Cutter to Buy All Lucara’s Large Stones
Lucara Diamond Corp. will sell all its rough diamonds over 10.8 carats through a manufacturing partnership with HB Group that...
Covid-19 Ravages De Beers Sales
RAPAPORT... De Beers’ sales and production nosedived in the second quarter as the coronavirus crushed diamond demand throughout the pipeline and...
Petra’s Tough Sales Pitch
The current plight of Petra Diamonds is a frustrating example of the impact Covid-19 has had on the diamond industry,...
