Mountain Province Diamonds Inc. announced that it has mailed to its shareholders a notice of special meeting and management information circular and related materials for a special meeting of shareholders to be held on February 28, 2022.
LUSIX, a leading technology-driven, sustainable producer of lab-grown diamonds, has announced that it has appointed Eyal Axelrod as its VP of Sales and Marketing. This pivotal hire comes as LUSIX expands its production capacity with its new state-of-the-art.
South Africa is losing billions of dollars as some second-hand industry players are allegedly engaged in a VAT fraud scheme based on illicit gold exports, according to media reports citing the tax collector.
DRDGOLD has projected lower earnings for the six months ended 31 December 2021 due to an increase in cash operating costs and a decrease in Rand gold prices. The group is set to publish its results for the period on or about February 16.
Petra Diamonds has concluded a binding, credit approved term sheet for the refinancing of its first-lien debt facility with its South African lender group, providing for more favourable terms than the group’s current first-lien facilities.