Rio Tinto faces Madagascar rare earths lawsuit
MORE than 6,000 villagers living near Rio Tinto’s ilmenite and monazite mine in Madagascar are preparing to sue the company over alleged environmental contamination, said the…
Illegal mining a global hazard as Barrick’s blistering attack on RAID demonstrates
MARK Bristow’s account of mine incursions by criminal gangs, some 100-people strong, has its echo in rampant criminal activities in South Africa. Illegal miners armed with…
Petra, a diamond miner hit twice by the illegal mining scourge
LONDON-listed Petra Diamonds provides a good example of what can happen to a mining company when it gets hit by widespread illegal mining on its properties and has to deal with…
Petra to sell first newly mined diamonds from Williamson after reopening
PETRA Diamonds is to sell its first newly mined diamonds from Williamson, the Tanzanian mine it reopened in the first quarter after 12 months in mothballs. The first tender of…
Petra Diamonds marks out Williamson mine as asset for sale in strategic review
PETRA Diamonds has identified its Tanzanian mine Williamson as an asset for sale and is looking at whether it is worth continuing mining at Koffiefontein mine in South Africa.…
Petra looks to better times as 2021 sales rise 38%, prepares reopening of Williamson
PETRA Diamonds said revenue increased 38% to $406.9m for the year ended June 30 despite mining fewer stones from its South African operations. It mined 3.24 million carats during…