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Modi Mining is a 100% black South African-owned company founded and owned by mining engineer and entrepreneur Samuel Molefi and entrepreneur Christina Motlapele Molefi. The company was established with the sole objective of rendering differentiated contract mining services and to be a supplier of choice to the mining industry. (Also watch attached Creamer Media video.)
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In 2019, two gold-mining giants joined forces, with huge consequences for the Northern Nevada community and economy.
The diamond sector may be a volatile industry, as its dramatic ups and downs during the pandemic have demonstrated.
Puts it down to the fact that the company is still unlocking savings following its takeover of Randgold, as well as efforts to mitigate fuel pricing pressure.