Category: Mining

Angolan exploration area is part of company’s joint venture with state-owned diamond miner Endiama.
Miner sold Seriti diamond in second quarter for an initial value of $12 million.
Hit comes amid lower overall prices and fewer goods on offer.
Sales up 8% year on year for January-to-June period.
Misery pit due to close in 2027, Point Lake in 2030, and Fox site will continue for 15 years.
Miner reports deficit of $245 million for first half.
Dunebridge will lend miner additional $10 million.
Offloading inventory at reduced margins supported sales amid difficult market conditions.
Letšeng mine owner has also curbed production and sales guidance for the full year.

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