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Diamonds
 
LEGISLATIVE ENVIRONMENT

Mineral beneficiation, industrialisation key to development – Finance Minister

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Finance Minister Nhlanhla Nene The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nene told the Centre for Education In Economics and...
29th August 2014
 
 
DIAMONDS

Junior explorers partner to look for precious gems in NWT district

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Two TSX-V-listed diamond explorers on Thursday reported that they had formed a partnership to look for diamonds in a promising area of the Northwest Territories. Canterra Minerals – which had been involved in the discovery of two of Canada's four...
28th August 2014
 
 
DIAMONDS

DiamondCorp reports H1 net loss as Lace moves towards underground mining

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Lace diamond mine Diamond development, exploration and mining company DiamondCorp on Thursday reported a net loss of £2.75-million for the six months ended June 30, slightly up from the £2.2-million loss of the prior corresponding period, as the company moved...
28th August 2014
 
 
FINANCE

Obtala to sell Paragon loan notes to Titanium Capital

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Aim-listed Obtala Resources has entered into an agreement to sell its nearly £2-million of loan notes in diamond development and production company Paragon Diamonds to Titanium Capital Investments for £998 000. Titanium could convert the notes...
27th August 2014
 
 
DIAMONDS

Hawks crack down on more illicit diamond dealers

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The Hawks expect to arrest more people linked to a multi-million rand illicit diamond dealing syndicate, spokesperson Paul Ramaloko said on Tuesday. "The operation continues, which includes raids and seizures. At least 35 people are targeted...
26th August 2014
 
 
DIAMONDS

N Cape diamond syndicate cracked

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A number of businessmen believed to be part of a syndicate dealing in diamonds were arrested in Kimberley, Northern Cape on Friday, the National Prosecuting Authority (NPA) said. "In a sting operation carried out by a multi-disciplinary project...
25th August 2014
 
 
CAPITAL RAISING

Kimberley raises cash for Botswana mine restart

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ASX-listed Kimberley Diamonds on Friday announced that it would be undertaking a non-renounceable pro-rata rights issue to raise nearly A$10-million. Eligible shareholders in Australia and New Zealand would be able to purchase one new share for...
22nd August 2014
 
 
DIAMONDS

Gem Diamonds on track for maiden dividend

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Letseng A strong first-half financial and operational performance by London-listed Gem Diamonds “bodes well” for a maiden dividend in March. The diamond miner ended the six months to June with a cash position of $114-million – a jump from the $71-million...
20th August 2014
 
 
 
 
 
 
Diamonds Multimedia
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Alrosa world’s largest diamond producer by... Video
Aviation hitech flying into South African... Video
Mining needs quantum change – SAIMM Video
Underground diamond mine to have automated... Video
NDP requires accelerated mining effort –... Video
Namaqualand Mines acquisition to become... Video
Rockwell Diamonds eyeing consolidation... Video
Worrying technical corner-cutting needs to be... Video
Gemfields doing ‘De Beers-equivalent’ in emeralds Video
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WDC hopes to resolve Zim diamonds... Audio
West African conflict imperils... Audio
Diamond juniors must merge to stay on... Audio
Better diamond demand possible as... Audio
Ontario fast-tracks mining law revamp... Audio
Over 200 mining-related land claims... Audio
AfroCentric in nickel, coal... Audio
Acquisitive diamond junior to make SA... Audio
Investment in South African mining... Audio