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Diamonds
 
DIAMONDS

Synthetics a major cause for concern for diamond dependent Botswana

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The Botswana Institute of Development and Policy Analysis, (Bidpa) has warned that countries in the Southern African Development Community (SADC) region will be affected by the increase in gem-quality synthetic diamonds, with Botswana to feel...
18th April 2014
 
 
MINING INVESTMENT

Worrying technical corner-cutting needs to be nipped in bud – Mineral Corporation Video Available

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Worrying technical corner-cutting was sneaking into the mining industry and needed to be nipped in the bud, The Mineral Corporation MD Frank Gregory said on Thursday. Speaking to Mining Weekly Online in the attached video interview, the...
17th April 2014
 
 
DIAMONDS

Gemfields secures $15m unsecured loan from key shareholder

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Aim-listed Gemfields has inked a $15-million unsecured, 12-month working capital facility with specialist natural resources investment company and key shareholder Pallinghurst Resources, the funds of which will be used to “smooth" the company's...
17th April 2014
 
 
DIAMONDS

Kimberley delays capital raise and project developments

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Diamond miner Kimberley Diamonds has deferred a planned capital raising, owing to the prevailing market conditions. In March this year, the mine proposed the placement of some 30-million shares to professional and sophisticated investors.
15th April 2014
 
 
DIAMONDS

Trans Hex banks R106.5m from March diamond sale

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Diamond producer Trans Hex’s March tender sale of diamonds from its South African operations amounted to R106.5-million, with the miner selling 5 886 ct at an average price of $1 684/ct at an exchange rate of R10.75 to the dollar.  Nine single...
14th April 2014
 
 
COLOURED GEMSTONES

Gemfields doing ‘De Beers-equivalent’ in emeralds Video Available

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Pallinghurst chairperson Brian Gilbertson London-listed coloured-gemstones mining and marketing company Gemfields, which Pallinghurst chairperson Brian Gilbertson says is doing for emeralds what De Beers did for diamonds, is now aspiring to repeat the performance in rubies. Gemfields, in...
11th April 2014
 
 
DIAMONDS

Angola to grant De Beers new diamond exploration licence

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Angola, the world's fourth-largest diamond producer by value, will approve a new concession to mining major De Beers to explore for diamonds, Geology and Mines Minister Francisco Queiroz has said. London-based De Beers, majority-owned by global...
11th April 2014
 
 
MINERAL EXPLORATION

Initiatives under way to improve greenfield exploration in SA

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Four of South Africa’s greatest mineral deposits, namely the diamond fields of the Northern Cape, the Witwatersrand basin, the Witbank-Middelburg coalfield and the Bushveld Igneous Complex, all of which have been the bedrock of the country’s...
11th April 2014
 
 
 
 
 
 
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Worrying technical corner-cutting needs to be... Video
Gemfields doing ‘De Beers-equivalent’ in... Video
New intelligence firm has wherewithal to probe... Video
Ex-miners taking steps to access R6bn unpaid... Video
Eased exchange control opens way for mining... Video
Historian publishes a history of SA mining Video
Black-empowered Incubex mining industrial minerals Video
Tenova mulling ways of breaking junior funding... Video
More private equity investment expected in... 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