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 […]
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The Kangari African Review #2
A LOT CAN HAPPEN IN TWO AFRICAN WEEKS Wow, 2 weeks already!!! One of the biggest developments is that South Africa and Lesotho have eased measures on mining companies and mines are slowly opening again, despite the countries still being in lockdown. Gem Diamonds (LON:GEMD), will reopen its Letseng Mine in Lesotho on Monday, […]
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