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Diamonds
 
Diamonds

De Beers’ R20bn investment to increase workforce at Venetia by 3 000

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South Africa’s largest diamond producer, the opencast Venetia operation, in Limpopo, will increase its workforce by 3 000 employees in the next seven years, owing to owner De Beers South Africa’s R20-billion investment, announced in October....
13th December 2013
 
 
Diamonds

Diamond mine reduces on-site fuel consumption

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Diamond producer De Beers South Africa, which is 85%-owned by British mining major Anglo American, achieved a 6% reduction in fuel consumption this year at its Limpopo-based opencast Venetia diamond mine, owing to the use of lighter-weight bowls...
13th December 2013
 
 
Diamonds

Venetia retains environmental compliance through self-regulation

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Diamond producer De Beers’ Limpopo-based Venetia mine has retained its ISO 14001 environmental certificate after the Venetia Limpopo Nature Reserve, which forms part of the Mapungubwe National Park, was audited in June. Venetia mine...
13th December 2013
 
 
Diamonds

Conflict diamonds a challenge in Africa

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Conflict diamonds are still a major issue in Africa, particularly in Côte d’Ivoire, the Central African Republic and Zimbabwe, says Global Witness diamond campaigner Emily Armistead. “In Côte d’Ivoire the [diamond] trade is currently...
7th June 2013
 
 
Diamonds

Diamond-cutting and -polishing industry in distress

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The South African diamond cutting and polishing industry is in distress, states World Federation of Diamond Bourses president Ernie Blom, pointing out that 20 years ago, the industry had 4 500 polishers; currently, there are fewer than 600. Blom...
7th June 2013
 
 
Diamonds

Investment diamond industry growing

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Investment diamonds are the most stable commodity in South Africa, states bespoke jewellery store Platandia director Rob Burton, adding that investment diamonds withstood the 2008 economic downturn and are a good currency hedge. Burton notes that...
7th June 2013
 
 
Diamonds

Sensor-based rock sorting alleviates challenges

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Recent advances in the automated sensor-based sorting set of technologies enable diamond producers to enjoy the environmental and economic advantages that are becoming increasingly helpful in a harsh economic climate. Sensor-based sorting is a...
7th June 2013
 
 
Diamonds

Alluvial diamond mining not as risky as industry believes

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There is a false perception in the marketplace and among investors that it is risky to invest in alluvial diamond mining companies, as the exact location of alluvial diamond deposits cannot be determined before extraction, says alluvial diamond...
8th June 2012
 
 
 
 
 
 
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