Miner DiamondCorp suspended underground mining operations at its Lace diamond mine in South Africa, after an assistant miner fell in a development tunnel, as explosives were being loaded. Suffering from several contusions and with four ribs broken, the assistant was taken to the hospital.
After investigating, the Ministry of Mineral Resources (DMR) ordered all miners’ assistants to take a refresher course in explosives handling and loading. The course should end on Wednesday. “Once the assistants are recertified, the company will apply to the DMR to resume underground mining operations which is expected by the end of this week. In the meantime, the plant at Lace will process tailings,” said DiamondCorp.
The firm highlighted that though the halt should not have a significant financial impact, it (the firm) should not be able to achieve its goal to process 30,000t of ore in July. However, it says it will achieve results projected for August and hopes even to compensate July’s deficit, by the end of September.
DiamondCorp Plc holds 74% of the Lace mine while its joint-venture partners, Shanduka Resources and Sphere Holdings, each hold 13%.
Louis-Nino Kansoun
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...
Kenya’s economy grew 4.9% year on year in Q3 2025, up from 4.2% a year earlier. Construction, mining, hospitality and real estate drove growth...
Rio Tinto and Glencore confirmed early-stage discussions on a potential transaction with no firm offer. Rio Tinto must declare its intention to bid, or...
Rwanda ranks first in Africa in the World Bank’s Business Ready 2025 with a score of 67.94. Benin and Senegal enter Africa’s Top 10 for the first time...
Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC. The partners will convert 13 existing stores...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...