Petra Diamonds has temporary suspended operations at its Williamson Mine in Tanzania. The development comes after a government seized diamonds over valuation dispute on exports packages. Tanzania has indicated intentions to nationalise diamonds seized from Petra Diamonds, estimated to be worth $14.7 million by Diamonds and Gemstones Valuation Agency (DGVA). …
Read More »Tanzania government seizes export parcel from Petra Diamonds
LSE-listed Petra Diamonds confirms that a parcel of diamonds from the Williamson mine in Tanzania has been blocked from export to its marketing office. Petra Diamonds responds to reports that have recently appeared in the media about the findings of an investigation into the Tanzanian diamond sector by a parliamentary …
Read More »Synthetic diamond screening device hits market
The International Institute of Diamond Grading & Research (IIDGR), a De Beers Group company, has announced that the industry’s first synthetic screening device for set jewellery, SYNTHdetect, is now available. SYNTHdetect is the only synthetic screening device that has been designed specifically for jewellery retailers, allowing them to quickly and …
Read More »Miners urged to improve fire-detection systems
ASP Fire has emphasized the importance of fire-detection systems in underground mining citing that underground mining is an exceptionally hazardous environment, The professional and accredited fire risk management believes persons who work underground have limited means to escape in the event of any fire and calls for earliest possible warning …
Read More »RTS Africa spin filters help compressors ‘breathe’ easier
Air compressors used in industry are, for the most part, well-proven, reliable pieces of equipment, able to operate for years with relatively little maintenance. However, their very reliability can lead to problems when the quality of their intake air is neglected. “Many industrial air compressors work in very dusty conditions, …
Read More »Kenya reviews mining laws as industry struggles to grow
Kenya is reviewing its mining code, a year after enacting new legislation, as it seeks to attract investment into an industry that’s barely grown over the past five years. The government is working with the UK Department for International Development-funded Extractives Hub to come up with a revised law that …
Read More »App ease WearCheck’s dialogue with customers
WearCheck has launched an interactive customer application to improve customers’ benefits. According to the oil condition monitoring company the app allows customers to make virtually instantaneous maintenance decisions. Neil Robinson WearCheck, Managing Director says the ground-breaking, highly innovative and revolutionary app has reliable data available while patrolling the factory floor …
Read More »Draft Pact for Mega Gas Export Project ‘Ready for Review’
Tanzania wants to join the Persian Gulf states to become one of the world’s leading natural gas exporters. A Draft agreement between the government of Tanzania and international oil companies seeking to build a 30 billion US dollar liquefied natural gas (LNG) export project is now ready, a senior official has …
Read More »Power generation bids & contract mining EOIs complete for Danakali Colluli project
Power generation bids The bidding process for the power generation followed an expressions of interest phase which was completed in January. Tender documents have been received from a group of highly reputable power providers with extensive experience in both Africa and other developing jurisdictions. The bids were based on the …
Read More »South African mining recovery to be short-lived as mining charter policy uncertainty continues
BMI Research reports that the mining sector will continue to face headwinds from policy uncertainty regarding the passing of the draft mining charter. This will hinder the potential of a recovery in 2016 from becoming solid. BMI Research, (a unit of Fitch Group), forecasts the domestic mining industry value to …
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