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Diamonds
 
DIAMONDS

Rockwell turnaround still 'work in progress', says CEO

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Alluvial gem miner Rockwell Diamonds said on Friday the loss of $13.7-million for the 2012 financial year reflected the impact of the strategic decisions that were taken to place the company on solid footing. This formed part of Rockwell’s...
25th May 2012
 
 
DIAMONDS

Rio's Zimbabwe spin-off covets Murowa diamond mine

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Zimbabwe's RioZim Limited has opened talks with Rio Tinto in a bid to take full control of the Murowa diamond mine as the global mining major seeks to leave the gem business, a key shareholder said on Thursday. Rio Tinto has a 78% stake in...
25th May 2012
 
 
ILLEGAL MINING

SA seals mines to curb illegal miners

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South Africa has set up a task team to seal access points at mines in a bid to stem a resurgence in illegal mining, the Mineral Resources Minister said on Thursday. On Wednesday at least three illegal miners were killed and 18 others trapped...
24th May 2012
 
 
ILLEGAL MINING

Rescue sensors deployed at N Cape mine to find survivors

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A specialist mine rescue services proto-team has installed a trapped persons location device at diamond miner De Beers’ Bontekoe mine, in Kleinzee, in the Northern Cape, to locate trapped illegal miners. Mine rescue teams were attempting to...
24th May 2012
 
 
CAPITAL EXPENDITURE

Renard predevelopment starts with $28.4m budget

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TSX-listed diamond junior Stornoway Diamond Corp on Wednesday said it had allocated a predevelopment budget of $28.4-million to develop Quebec’s first diamond mine, the Renard project.
24th May 2012
 
 
MINE DEATHS

Another body pulled from Kleinzee mine

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Rescuers have removed one more body from the Bontekou mine at Kleinzee, where about 15 illegal miners were trapped by loose gravel, Northern Cape police said on Thursday. Spokeswoman Captain Cherelle Ehlers said the conditions at the rescue site...
24th May 2012
 
 
DIAMONDS

De Beers mounts rescue bid for trapped illegal Namaqua diamond diggers

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Diamond miner De Beers has mounted a rescue bid for at least seven illegal diamond diggers who are trapped in illegally excavated tunnels at De Beers' Namaqua diamond mines in the Northern Cape. De Beers and Namaqualand Mines said that the...
23rd May 2012
 
 
DIAMONDS

Rockwell completes strategic projects at Saxendrift

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JSE- and TSX-listed Rockwell Diamonds said it had successfully completed the strategic in-field screen, bulk X-ray and single particle sorter plant at its Saxendrift mine, near the Middle Orange River. The company stated that the capital projects...
21st May 2012
 
 
 
 
 
 
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