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Diamonds
 
FINANCIAL RESULTS

Anglo delivers ‘pleasing’ results despite headwinds

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Mark Cutifani Despite the headwinds faced by diversified miner Anglo American during the first half of the year, the group had delivered a “pleasing” performance at all its operations barring platinum. Anglo American CEO Mark Cutifani on Friday said the...
25th July 2014
 
 
Diamonds

US miner receives $500 000 investment

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SHINE ON BMIX is selling a portion of its production as polished diamonds, at much higher margins than rough diamonds California-based mining company Brazil Minerals (BMIX) announced in May that it received $500 000 when it sold Gemological Institute of America- (GIA-) graded diamonds, common stock and two-year options to four investors. The GIA-graded diamonds...
25th July 2014
 
 
EXPLORATION

Transition Metals and Nunavut Resources add prospective land to portfolio

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Canadian project generator Transition Metals on Wednesday announced that 433 km2 of high potential gold and base metal exploration properties had been acquired in Nunavut through its strategic alliance partnership with Nunavut Resources...
23rd July 2014
 
 
CONSTRUCTION

Murray & Roberts awarded mammoth R2.6bn Venetia mine contract

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Venetia mine In what could be the single-largest contract awarded to construction major Murray & Roberts (M&R) since the Eskom power build programme, M&R subsidiary M&R Cementation has secured a R2.6-billion contract to develop an underground mine beneath...
22nd July 2014
 
 
DIAMONDS

De Beers announces changes to diamond sales model

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JOHANNESBURG (miningweekly.com) – Multinational diamond giant De Beers Group has announced an updated model for the allocation of rough diamonds by its primary rough-diamond distribution arm, Global Sightholder Sales (GSS), in respect of the...
22nd July 2014
 
 
DIAMONDS

Dominion reports maiden resource for Ekati’s Misery pit, new mine plan

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Ekati, NT Canadian precious gem miner Dominion Diamond on Monday said it had promoted new material found at the Ekati mine’s Misery pit, in Canada’s Northwest Territories to the inferred resource category, adding five-million carats of rough diamonds to...
21st July 2014
 
 
DIAMONDS

SNC-Lavalin wins EPCM contract for Quebec’s first diamond mine

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Global engineering, procurement, and construction management (EPCM) firm SNC-Lavalin has won a C$425-million contract to oversee construction of Quebec’s first diamond mine, Stornoway Diamond Corp’s Renard project, located in the province’s...
21st July 2014
 
 
TRADE DEAL

New EU deal eases export-tax restrictions on Southern African minerals

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Trade and Industry Minister Dr Rob Davies South Africa’s Trade and Industry Minister Dr Rob Davies views the easing of export-tax restrictions on mineral products in the recently agreed Economic Partnership Agreement (EPA) as an important improvement over the Trade, Development and...
21st July 2014
 
 
 
 
 
 
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