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• Zimbabwe: Zimplats Suffers Maiden Annual Loss

  Created: 2009-08-31 11:09:27 Author: The Herald

  Harare — THE country's leading platinum producer, Zimplats recorded its first ever annual loss when it posted an attributable loss for the year to June of US$25 million compared to the prior year's profit of US$124,4 million.

  According to the ...

• Namibia: Diamond Mining Down 60 Percent

  Created: 2009-08-31 07:30:58 Author: Jo-Maré Duddy - The Namibian

  DIAMOND production from January to June fell by more than 60 per cent compared to the first six months of last year.

  "Production came in just under 400 000 carats, compared to over a million carats in 2008," Old Mutual Namibia Group Economist Ro...

• Botswana: Momentum Gathers Towards Jwaneng Pit Expansion

  Created: 2009-08-31 07:20:43 Author: Thato Moseki - Mmegi/The Reporter

  Progress towards the much-anticipated expansion of the Jwaneng Mine pit took a giant leap recently with the appointment of an American project management company, Fluor, as Managing Contractor to the multi-billion Pula project.

  Although the Diamond Trading Company of Bo...

• Zambia: Chamber of Mines Backs Govt On Windfall Tax

  Created: 2009-08-27 08:32:04 Author: SARWATCH

  THE Chamber of Mines in Zambia (CMZ) has said the decision by the Government not to re-introduce windfall tax despite increased copper prices will continue to attract and retain credible investment in Zambia's mining sector.

  CMZ president Nathan...

• Namibia: Namdeb to Prevent N$76 Million Loss at Elizabeth Bay Mining Operations

  Created: 2009-08-27 08:24:44 Author: Nangula Shejavali - The Namibian

  AMDEB will redeploy 57 employees at its Elizabeth Bay mine to other operations as part of its efforts to prevent a loss of up to N$76 million at the mine.

  In a press release issued on Tuesday, the diamond miner said that the Elizabeth Bay plant ...

• George Forrest Rejects Liability for Forsys Break Fee

  Created: 2009-08-27 07:55:36 Author: Franz Wild