Thursday , October 29 2026

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Petra weathers lower diamond prices in latest tender

Independent diamond miner Petra Diamonds’ sixth tender cycle for the 2024 financial year yielded $44-million from the sale of 371 000 ct. CEO Richard Duffy says like-for-like prices were marginally down through this seasonally quiet period, being 2.6% lower than for Tender 5, with demand slightly muted owing to Indian …

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Kefi progressing Ethiopian Gold project towards launch

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final (conditional) approvals during May, while project launch preparations have started at Tulu Kapi. Kefi highlights that these developments coincide …

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Andrada Mining Enhances Uis Mine with TOMRA’s Cutting-Edge XRT Sorting Technology

In a move aligned with its ambitious expansion plans, Andrada Mining has chosen to incorporate TOMRA XRT sensor-based sorting technology into its flagship Uis Mine in Namibia. This strategic acquisition includes the addition of pre-concentration circuits aimed at enhancing the mine’s output. The Uis tin mine, one of Namibia’s largest …

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