Featured Image: London Metal Exchange: LME Week official banner (Photo: LME) With a second lockdown starting in many countries as a result of the Covid-19 world pandemic, environmental, social, and governance (ESG) concerns are higher than ever and seem to become an increased focus-point for sectors like the mining industry. The pandemic is likely to […]
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The Kangari African Review #4
I cannot resist starting these round-ups with a diamond story… It is usually doom and gloom and that continues this week too. Sociedade Mineira de Catoca, the Angolan company which runs the worlds 4th largest diamond mine, Catoca, has cut production due to COVID-19. Advice from Alrosa (who own a share of Catoca) has suggested […]
Continue readingMore TagThe Kangari African Review #3
As has been tradition, we start the week with Southern Africa and Diamonds….. Lucara Diamonds (TSX:LUC) reported a massive loss of $3.2 million for the first 3 months of year. Production was on target, but a depressed diamond market has hurt the bottom line for all diamond producers. With the on-going COVID-19 situation, the diamond […]
Continue readingMore TagTales from the Covid Bunker: Day 22
End of the world Jukebox: Highway to hell – Hayseed Dixie Good morning old pals! This morning has been a gentle one for most except EMX Royalty (+7%), ANX Anaconda Mining (+18%) FWZ Fireweed Zinc (+16%) – Starting the day nicely, but no major rocks or shocks. Yesterday we hosted our second E-Conference event […]
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