R/€ = 15.73 Change: -0.10
R/$ = 13.84 Change: -0.12
Au 1281.42 $/oz Change: -12.44
Pt 794.99 $/oz Change: -8.87

Diamonds News

Mlambo-Ngcuka to launch gem certification scheme

4th November 2002 The South African Minister of Minerals and Energy, Phumzile Mlambo-Ngcuka, will be chairing the launch of the Kimberley Process Certification Scheme (KPCS) in Interlaken, Switzerland, tomorrow. 

New diamond-mine mooted for Zimbabwe

By: Martin Zhuwakinyu     1st November 2002 The Rio Tinto Zinc (RTZ) group’s Zimbabwean subsidiary is finalising a study to confirm the feasibility of developing a $35-million opencast diamond-mine in the south west of the country, in what is viewed as President Robert Mugabe’s government’s latest triumph in its drive to... 

The Kimberley process: will diamonds' brightness defeat the darkness?

By: Keith Campbell     1st November 2002 Remember the hysteria about “blood diamonds”? Back in the year 2000 the propaganda against the diamond trade by non-governmental organisations (NGOs) and activists, aroused by the human cost of the wars raging in Angola, the Democratic Republic of Congo (DRC) and Sierra Leone, had... 

Canadian miner announces drill results at gem prospect

31st October 2002 Canadian miner, SouthernEra Resources has released a report on microdiamond results, returned from the Sue and Sputnik kimberlite pipes at the Yamba Lake Project in the Northwest Territories. 

Gem giant resumes work on Canadian project

24th October 2002 Diamond giant De Beers said on Tuesday it would proceed with its winter exploration programme on its key Victor diamond project in Canada, which was stalled pending an agreement with an aboriginal group. 

Charter focus is on enrichment – De Beers

23rd October 2002 A senior official of global gem giant De Beers said on Monday plans to give South African blacks a bigger stake in the mining sector were focused more on enrichment than social equity. 

Privatisation of gem miner moves ahead

By: Martin Czernowalow     18th October 2002 The restructuring of State-owned gem miner Alexkor is well under way, with five bidders on the shortlist, CEO Rain Zihlangu tells Mining Weekly. 

Gem giant still awaiting European approval of strategy

17th October 2002 Diamond giant De Beers, which voluntarily submitted its supplier of choice strategy to the European Commission in July last year, is still awaiting the outcome of an investigation into whether the business model breaches competition rules. 

New gem-sampling programme off Namibia

By: Martin Zhuwakinyu     11th October 2002 Follow-up sampling at Canadian diamond explorer Afri-Can Marine Minerals’ Block J concession off the Namibian coast, where reconnaissance sampling proved the presence of diamonds in different geological features, is to start before the end of this month. 

Oppenheimer says gem mining is a force for good

11th October 2002 De Beers chairman Nicky Oppenheimer says diamond mining must be a force for good and a key element in the sustainable development of countries where diamonds are found. 

Study begins on Botswana gold prospect

By: Deborah Spicer     8th October 2002 Botswana's one prospect for future gold production will be confirmed by a bankable feasibility study being carried out by Gallery Gold near Francistown in the Tati greenstone belt. 

Permitting delays Canada diamond mine

8th October 2002 South African miner, De Beers' only diamond mine in Canada's far north is expected to start up production a year later than planned due to delays in the permitting process, the industry giant said yesterday. 

Diamond market solid for now - Oppenheimer

8th October 2002 Global gem giant De Beers said yesterday the international diamond market was "okay" for now, but added that the depressed state of the world economy gave cause for concern. 

Junior in mineral-rights deal in Limpopo

7th October 2002 In a statement released last week, Blue Diamond Mines – a 100% held subsidiary of Petra – announced it has signed a five-year option agreement with Rio Tinto Mining and Exploration, in terms of which Rio Tinto will conduct a work programme over seven of Petra’s mineral rights... 

Study begins on Botswana gold prospect

By: Deborah Spicer     4th October 2002 Botswana’s one prospect for future gold production will be confirmed by a bankable feasibility study being carried out by Gallery Gold near Francistown in the Tati greenstone belt. 

New gem-mining vessel

4th October 2002 Name of the project and location New gem-mining vessel. Project description Diamond Fields International (DFI) has acquired a new vessel, which arrives in Cape Town at the end of the year, to be converted into the company’s first fully-owned and –operated diamond-mining vessel. DFI... 

Kimberley diamond operation receives 22 new hoists

4th October 2002 Specialists in lifting and pulling equipment Bellambie Mining & Industrial has supplied 22 new Kito hoists to a De Beers diamond-mine in Kimberley. 

Miner not to renew gem contract with DTC

3rd October 2002 The world's largest diamond miner, De Beers, said on Tuesday that miner BHP Billiton had decided not to renew an agreement whereby De Beers markets diamonds unearthed from BHP Billiton's Ekati mine in Canada, Reuters reports. 

Africa to launch scheme to end dirty diamond trade

1st October 2002 Southern African countries will launch a scheme in November to try to end the trade in so-called blood diamonds, funding many of the continent's conflicts, a senior regional official said on Sunday. 

Empowerment miner 'hungry for projects'

By: Deborah Spicer     27th September 2002 JSE Securities Exchange-listed New Mining Corporation is in discussions with Anglo Platinum, and others, about establishing empowerment partnerships, reports New Mining Corporation chairperson Sello Rasethaba. 

New gem-mining vessel to be converted locally

27th September 2002 LOCAL companies and constructors are in line for major contracts when Diamond Fields International's (DFI's) new vessel arrives in Cape Town at the end of this year to be converted into the company's first fully-owned and operated diamond mining vessel. 

New life for 'pioneer' gold-mine

By: Joanne Delaurentis     27th September 2002 The redevelopment of African Pioneer Mining’s (APM) Agnes gold-mine, situated near Barberton in Mpumalanga, will reach full production early next year. 

West coast gem explorer reports good grades

26th September 2002 South African diamond explorer Namakwa Diamond Company has continued to report good diamond recoveries and grades from its West Coast Project, with the latest bulk sample yielding 1 014 diamonds at the impressive geological grade of 26,9 carats per hundred tons (cpht). 

Gem miner secures alluvial assets in Angola

26th September 2002 JSE-listed Trans Hex Group has secured two of the most sought-after alluvial diamond concessions, with already delineated reserves exceeding 1,7-million carats, as the starting point for its mining venture into Angola. 

Gem giant postpones Canada exploration

23rd September 2002 Diamond industry titan De Beers said on Friday it had postponed plans for a vital winter exploration programme for its Victor diamond project in Canada, after talks with an aboriginal group failed to resolve differences over benefits to the community. 

State gem miner awards concessions

By: Martin Czernowalow     20th September 2002 Earlier this month, State-owned gem miner Alexkor awarded shallow-water mining and beach mining concessions to private operators, thus securing employment for 179 miners who were retrenched at the end of last year. 

Central African Republic needs better gem-trade management

19th September 2002 Images of diamonds painted on the crumbing walls where the street children sleep are the only clue to the Central African Republic's most lucrative export. 

Good results from West Coast gem exploration

17th September 2002 Gem miner Namakwa Diamond Company is upping the ante on ongoing exploration at its diamond project on South Africa’s West Coast, after unveiling some spectacular high-grade results from a recently excavated bulk-sampling trench. 

Diamond firm in conservation deal

13th September 2002 The world's diamond leader and the South African National Parks (SANParks), have signed a deal to integrate parts of the De Beers-owned Venetia Limpopo Nature Reserve (VLNR) into the core of the proclaimed Vhembe/Dongola National Park, in the Limpopo province of South Africa. 

Diamond-miner adopts helpdesk suite

13th September 2002 Diamond company, De Beers Corporate Headquarters (CHQ), based in Crown Mines, Johannesburg, has adopted the Heat helpdesk suite, developed and supplied by FrontRange Solution, as part of its drive to improve the efficiency of the information technologies (IT) support it provides to its end-users. 

Diamond groups take dispute to court

By: Jill Stanford     11th September 2002 Canadian mining company Diamond Fields International (DFI) has instituted an action for damages in the High Court of South Africa in Cape Town against its former joint-venture partner Trans Hex Group. 

Bids in for State gem-miner

By: Martin Czernowalow     6th September 2002 The Department of Public Enterprise (DPE) has revealed that it has received eight bids for non-binding expression of interest in the ailing State diamond-mining company Alexkor. 

Gem giant seeks to diversify resource base

By: Keith Campbell     4th September 2002 South African diamond giant De Beers has reaffirmed its determination to diversify its resource base away from Southern Africa. 

Marine mining vessel chartered to diamond project

3rd September 2002 South African diamond miner Trans Hex has entered into a short-term charter contract with De Beers Marine to provide a deep-water mining vessel to conduct diamond-sampling activities off the Namibian coast. 

Gem miner to empower through procurement

By: Martin Zhuwakinyu     30th August 2002 Diamond-mining giant De Beers this year intends to outsource goods and services worth R170-million to small and medium-sized businesses owned by previously-disadvantaged people, up from R80-million in 2001. 

Diamond giant seeks to diversify resource base

By: Keith Campbell     30th August 2002 SOUTH African diamond giant De Beers has re-affirmed its determination to diversify its resource base away from Southern Africa. 

Commissioning of gem treatment plant well advanced

28th August 2002 A mere 29 months after project approval and 23 months since construction started, work on the De Beers Kimberley Mines Combined Treatment Plant (CTP) is nearing completion and commissioning is well advanced with the first material scheduled for treatment by the end of this month. 

Gem giant, parks authority in conservation deal

27th August 2002 Gem giant De Beers and South African National Parks (SANParks), signed an agreement on Friday, which will see the integration of parts of the De Beers-owned Venetia Limpopo Nature Reserve (VLNR) into the core of the proclaimed Vhembe/Dongola National Park, in the Limpopo province in South Africa. 

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