GOLD 1311.61 $/ozChange: 9.09
PLATINUM 1488.50 $/ozChange: 0.00
R/$ exchange 10.61Change: -0.09
R/€ exchange 14.25Change: -0.12
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
Diamonds
 
DIAMONDS

Gem Diamonds lifts Letšeng FY guidance after ‘exceptional’ H1 performance

0 COMMENTS
Letšeng mine London-listed Gem Diamonds has upped the full-year production guidance for its 70%-owned flagship Letšeng mine, in Lesotho, from between 90 000 ct and 95 000 ct to between 95 000 ct and 100 000 ct, saying on Tuesday that the mine had delivered an...
29th July 2014
 
 
DIAMONDS

Petra Diamonds 2014 output exceeds guidance

0 COMMENTS
LSE-listed Petra Diamonds increased its production for the 2014 financial year by 17% to 3.11-million carats – above market guidance of 3-million carats. The increase in production was mostly owing to production increases at its Finsch mine, in...
28th July 2014
 
 
DIVERSIFIED MINERS

Anglo CEO backs Ramaphosa’s strike ballot comments

0 COMMENTS
The introduction of a strike ballot process as suggested by Deputy President Cyril Ramaphosa would be a great step forward for industrial relations in South Africa, Anglo American CEO Mark Cutifani said on Friday. Cutifani was responding to a...
25th July 2014
 
 
FINANCIAL RESULTS

Anglo delivers ‘pleasing’ results despite headwinds

0 COMMENTS
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

0 COMMENTS
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

0 COMMENTS
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

0 COMMENTS
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

0 COMMENTS
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 Multimedia
image
VIDEO
image
View all
 
 
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... Video
New intelligence firm has wherewithal to probe... Video
image
Audio
image
View all
 
 
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