Petra Diamonds inks deal to sell idled Koffiefontein mine

South Africa's Petra Diamonds (LON:PDL) said on Wednesday it had signed a non-binding deal with an unnamed party for the sale of its loss-making Koffiefontein diamond mine in the home country.

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The mine includes opencast mining and 2 underground mining operations with an approximate annual output of 3,200 kilo tonnes per annum ("ktpa"). The coal being mined and processed is sold to Eskom through a medium- term supply contract.

De Beers puts South Africa's Voorspoed mine up for sale

De Beers itself, which will be down to a single mine in South Africa after the sale of Voorspoed, has 54 exploration applications stuck with the Department of Mineral Resources, some for two years ...

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The Elandshoogte Gold Mine is located in Mpumalanga Province, South Africa, in the Nelspruit district in close proximity of the Sudwala Caves. Gold is associated with pyrite in the brecciated/fractured ~ 30 cm thick …

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South Africa: mining revenue 2013-2023

In 2023, the total revenue of South Africa's mining industry was 654 billion South African rand (around 34.8 billion U.S.

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S Iron Ore/Manganese rich mine for sale. Iron (+ 1 more) Postmasburg, South Africa $30,000,000 The mine is 2800 Hectares large. The mining license and mineral rights are taken care of, the mine only recently stopped running as the owners decided to sell.

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Petra Diamonds signs deal for sale of Koffiefontein mine

Its Mining segment is engaged in the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. The Company's portfolio incorporates interests in two underground mines in South Africa (Cullinan Mine and Finsch) and one open pit mine in Tanzania (Williamson).

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The Southern African development Community produces two-thirds of Africa's mineral exports by value. South Africa has almost all commodities essential for international competition except for crude oil and bauxite. Zimbabwe and South Africa combined hold the majority of the world's PGM reserves. Botswana is the world's largest diamond ...

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South Africa can be a global leader in CO 2 removal strategies hosted on mine sites.. The country produces millions of tonnes of minerochemically suitable tailings. • There is a MtCO 2 removal capacity, notably in high tailing producer diamond mines.. Cataloguing tailings and CDR potential draws attention to key site opportunities.

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Boundary Red Mountain Mine. Patented Gold Mine For Sale - USA. Previously Producing Patented Gold Mine for Sale in the USA. $1.6 Billion Estimated & Inferred Resources including 80,000 tons in Mill Tailings. Developed Project with 4 adit tunnels. 1,274,320 Gold ounces estimated. Estimated Monthly NOI of $6.3 Million based on 400 ton/day operation.

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Our mine lies on the stretch of three farms on which we hold new order mining rights and are believed to overlay in excess of 960 million tons of manganese ore. The recent exploration programme has identified 102 million tons of Mineral Resources. Read More. Call us on +27 11 808 2000 ...

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Big Investment opportunity/ Crome Mine For Sale Other North West, South Africa Available On Request. Crome mine for sale! Fully operational, open cast with underground seams. 40ha, 11 years Lifespan. All mining rights, water & electricity in place. All CRP, GEO Reports available.

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Established Mine - Full plant and equipment including crushers, ball mill, shaker tables, wave table. Mostly gravity recovered gold; History dating back to 1869, with historic workings and small scale operations mining high …

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