Market News

Emeralds and rubies miner Gemfields (LON:GEM) said Wednesday an independent report by consultancy firm SRK shows the Kagem mine in Zambia is set to produce 1.10 billion carats over a 25 year mine life, which is more than initially anticipated. The company said the total amount of indicated and in . . .

The mine, partly owned by Petra Diamonds of South Africa, development plan is expected to deliver 350,000 carats per annum (ctpa) from a grade of approximately 7.0 carats per hundred tonnes (cpht).   A statement recently, shows that Petra’s current mine plan for Williamson, in Mwadui in . . .

 Bomag has extended its range of products with the addition of a new recycler and soil stabiliser, the MPH 364 Bomag MPH 364 BomagClearly arranged operating controls allow the machine operator to work easily.  MPH 364 is a compact and powerful machine .The new construction machine has an . . .

 USA-based Randgold Resources Limited and South Africa’s AngloGold Ashanti Limited have have decided to form a joint venture to redevelop and operate AngloGold Ashanti’s Obuasi gold mine in Ghana goldmining Calistemon wcThe Obuasi gold mine will be enabled with ramp access for bett . . .

Khartoum — The Sudanese Minister of Minerals, Ahmed El Sadeg El Karori, announced yesterday that the country's gold production amounted to 54 tonnes in the past eight months. Against the current market price of US$35,579 per ton, the production value would be close to 1,9 billion dollar. &nbs . . .