Market News

WILLIAMSON Diamond Mine, the subsidiary of Petra Diamonds, production rose by 7 per cent in the year 2015 to 202,265 carats compared to 188,465 carats in 2014, mainly due to the increase in Run of Mine (ROM) tonnes treated. According to the Petra Diamonds Annual Reports and Accounts, revenue increa . . .

Sudan is one of Africa’s largest gold producers; and a vast resevoir of untapped resources provide further golden opportunities for investors in mining The secession of South Sudan has proven to be the catalyst Sudan needed to revitalize its economy, the country’s State Minister for I . . .

Black Rock Mining (ASX:BKT) has been granted a trading halt this morning, with its shares placed in pre-open. The company requested the halt pending the finalisation of funding for its exploration program, and to strengthen its balance sheet. Earlier in the month Black Rock hit its highest gra . . .

Tanzania's largest gold miner announced it posted net loss in the third quarter compared with the same period a year ago due to lower output and higher costs.   The gold mining company reported in its financial statement that it made a reported net loss of 13 million US dollars in the three m . . .

Luanda — The creation of the mining development centres as one of Government's options to diversify the economy, represents a basis for the industrialisation of the country.   This was said by specialist José Cerqueira during an interview on the State-run daily paper "Jornal de A . . .