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Diamonds News

Leviev's $2bn diamond empire makes presence felt in Africa

By: Keith Campbell     28th June 2002 In only 20 years, Uzbekistan-born Israeli businessman Lev Leviev has come from no-where to being one of the biggest players in the world diamond industry, & a possible rival to De Beers. 

New Oz diamond mine at full production

25th June 2002 Australia’s newest diamond mine, the Ellendale Project in Western Australia, has commenced full production as owner Kimberley Diamond Company unveiled its first-ever diamond sale - a 4,552 carat parcel of gem-quality Ellendale diamonds that fetched US$451,052. 

Construction of Ventersdorp gem mine moves ahead

24th June 2002 Construction of the phase one diamond mine at Ventersdorp in South Africa is proceeding on schedule with commercial production to commence in September 2002, Etruscan Resources and Mountain Lake Resources revealed last week. 

South African bank arranges facility for Russian gem giant

By: Joanne Delaurentis     21st June 2002 A South African bank is supplying $6,5-million for the working capital requirements of AK Alrosa, Russia’s premier diamond producer. 

Kimberley gem plant at full tilt by Dec

By: Irma Venter     21st June 2002 The De Beers Kimberley Mines Combined Treatment Plant (CTP) – the project that is said to have saved the Kimberley diamond mines from closure this year – is on track to reach full production by December. 

Kimberley in a changing diamond world

By: Irma Venter     21st June 2002 On an uncharacteristically rainy day in Kimberley, De Beers senior manager diamond buying Marcus Simmons peers into a diamond, attributing dollar signs to carats which, thousands of years ago, started out as nothing but carbon. 

Combined treatment plant (diamond project)

21st June 2002 Name of the project and location Combined treatment plant (CTP), De Beers Kimberley Mines, Northern Cape. Project description The new 24-million carat CTP will have a capacity to treat 1 000 t of material an hour and 7,1-million tons a year. A high-tech greenfields project on a downscaling site,... 

Bursaries on offer for mining studies

21st June 2002 To meet the need for higher-level skills in the mining and minerals sector, the Mining Qualifications Authority (MQA), through the National Skills Fund (NSF), is offering bursaries to students in related study fields. 

UK firm's glittering prospects

By: vanessa vasques     14th June 2002 UK-based international diamond mining and exploration company Firestone Diamonds is optimistic about its current exploration projects and is anticipating adding new projects to its portfolio in the future. 

Mineral explorer prospers in Africa

By: vanessa vasques     14th June 2002 Many people understand mineral exploration to be undertaken either by large mining houses, or junior exploration companies, which usually sell their successes to large mining houses. 

Mining giant buys R164m stake in Lesotho diamond project

By: Zonika Botha     14th June 2002 As part of the restructuring of the greater JCI/CAM group of companies, mining giant JCI will acquire a 40% stake, valued at about R164-million, of the Letseng diamond project in Lesotho. 

SA jewellery council launches three diamond projects

By: Zonika Botha     14th June 2002 Traditionally known as the country of gold and diamonds, it is believed that in many instances South African shopping malls and jewellery stores, in particular, can compete anywhere in the world in terms of the image and quality they represent. 

New diamond-mine for Western Australia

By: Zonika Botha     14th June 2002 After a long diamond drought, Western Australia finally has secured a second diamond-mine. 

Tourism boom boosts diamond jewellery sales

By: Zonika Botha     14th June 2002 Ever since the first democratic election in 1994, South Africa has become a tourist haven, attracting international visitors from all corners of the world. 

Costly labour holds back SA diamond beneficiation

By: Zonika Botha     14th June 2002 Despite South Africa’s status as one of the world’s leading diamond producers along with Namibia and Botswana, its diamond cutting and polishing industry is regarded as a minion among its international counterparts. 

Exploration firm stays focused on SA

By: Zonika Botha     14th June 2002 Diamond exploration is a highly specialised business. 

Oz firm's SA west coast diamond plant takes off

14th June 2002 Stage-one bulk sampling at the Australian firm Namakwa Diamond Company’s West Coast diamond project in South Africa has moved into full swing following successful wet commissioning trials of its recently constructed dense media separation (DMS) plant and associated Flowsort diamond recovery... 

Diamond recovery made easier by new plant

14th June 2002 Local company Dowding, Reynard & Associates (DRA) has developed a dense medium separation (DMS) plant, available in two versions, which is capable of recovering diamonds and diamond indicator grains down to 300 micrometres from prospecting samples. 

Grizzly feeder refurbished at Botswana mine

14th June 2002 Mining equipment supplier Humboldt Wedag South Africa, a subsidiary of the German multinational supplier KHD Humboldt Wedag, has been contracted by the Debswana Mining Company to refurbish an existing Humboldt Wedag resonance grizzly feeder, for use at the new Debswana Damtshaa mine in Botswana. 

First-time diamond application for screen

14th June 2002 The first OmniScreen to be used in a diamond application has been supplied by IMS Engineering to Namdeb Diamond Corporation. 

Gem firm’s marine division in exploration push

14th June 2002 Total production of 221 000 carats, a resurgence in diamond prices during the last quarter, stringent cost controls and a decline in the rand have enabled South African diamond mining and exploration company Trans Hex to achieve record turnover and profitability levels during the past financial... 

Year-end commissioning for Kimberley project

14th June 2002 The De Beers Kimberley Mines Combined Treatment Plant (CTP) project is on track to reach full production by the end of the year. 

New partner to finance Lesotho diamond project

By: Zonika Botha     14th June 2002 As part of the restructuring of the greater JCI/CAM group of companies, mining giant JCI will acquire a 40% stake, valued at about R164-million, of the Letseng diamond project in Lesotho. 

Diamond giant gives warning in proposed law

11th June 2002 South African diamond giant De Beers warned that the country’s proposed Minerals Bill could put R8,5-billion in investment at risk because it threatened miners’ security of tenure. 

Gem giant's geology division sets high standard

By: Martin Zhuwakinyu     7th June 2002 Diamond-miner De Beers, which is possibly the only South African-based mining and exploration company to attain certification for compliance with rigorous international environmental standards for exploration, says it is to take the high standards it has set in South Africa to the less-developed... 

A clean sweep for Swedish equipment

7th June 2002 The order of another Volvo from the diamond digging industry is a further indication of the reliability and productivity of these machines in the toughest working environments. 

First walking gem-mining platform by August

7th June 2002 Seawalker, an eight-legged self-contained walking jack-up platform, will be shipped to South Africa in August this year to dredge and mine diamonds in the notorious West Coast surf. 

Belgium snubs Kimberley diamond rules

4th June 2002 Belgium has said it will not loosen its stringent import control system to comply with the so-called Kimberley international guidelines aimed at curbing the illicit trade in diamonds. 

First diamonds recovered from new Kimberley plant

3rd June 2002 Twenty-five diamonds have been recovered from the new De Beers Kimberley Mines Combined Treatment Plant (CTP). 

Gem junior lifts earnings

3rd June 2002 Mining and exploration company Thabex Exploration announced their improved annual results with revenue sharply increasing from R247 000 to R4,024-million, the company reported a net operating income of R2,587-million, an improved turnaround from the previously recorded loss of R1,123-million... 

Diamond manufacturers in the rough

By: candice haase     31st May 2002 The Valani Project, an entrepreneurial development programme created by the Harry Oppenheimer Diamond School, is incubating 11 potential manufacturers at the moment. 

The state of State diamonds

31st May 2002 Ailing State diamond-mining company Alexkor does not conjure up the image of a jewel, but this is how Department of Public Enterprises chief director: restructuring of state owned enterprises Andile Nkuhlu describes the mine, which is situated below the mouth of the Orange river, in the Northern... 

The state of State diamonds

31st May 2002 Ailing State diamond-mining company Alexkor does not conjure up the image of a jewel, but this is how Department of Public Enterprises chief director: restructuring of state owned enterprises Andile Nkuhlu describes the mine, which is situated below the mouth of the Orange river, in the Northern... 

Listed diamond miner studying five new projects

29th May 2002 Diamond miner has an internal goal of trying to tie up five new projects by the end of this year said chief executive officer Calvyn Gardner presenting his company’s annual results in Cape Town yesterday. 

SA dryers destined for Russian diamond-mine

By: nkolola halwindi     24th May 2002 In a R5,2-million contract with Alrosa Diamond mine project in Russia, Johannesburg-based company UV+IR Engineering will supply six infrared dryers. 

Marine-gem miner to follow up on Namibian prospect

By: Martin Zhuwakinyu     24th May 2002 Canadian-listed marine diamond explorer Afri-Can Marine Minerals has announced that it is to undertake follow-up sampling work at its Block J prospect off the Namibian coast, where a reconnaissance sampling programme in December produced favourable results. 

State gem miner seeks to reinstate 280 workers

24th May 2002 More than 280 retrenched workers at State-owned marine miner Alexkor could be reinstated through new projects launched by the diamond-miner. 

Sierra Leone suspects huge diamond is in Israel

22nd May 2002 Sierra Leone’s government suspects a huge diamond has been smuggled out of the West African country to Belgium and on to Israel, the State buying office said. 

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