R/€ = 16.48 Change: -0.32
R/$ = 14.53 Change: -0.29
Au 1176.35 $/oz Change: -18.57
Pt 766.00 $/oz Change: -39.07

Diamonds News

Gem exploration pact signed

8th February 2002 Diamond giant De Beers has signed heads of agreements on a joint venture with black-economic empowerment company, Mvelephanda, to undertake exploration work for new world-class diamond deposits in South Africa. 

Diamond Board chairperson appointed

8th February 2002 Along with the announcement of the new board members for the South African Diamond Board, the Minister of Minerals and Energy Phumzile Mlambo-Ngcuka has confirmed the appointment of Abbey Chikane as chairperson for the next five years or until the board is abolished in terms of the proposed... 

Govt keen to act soon on State gem miner

By: Terence Creamer     1st February 2002 The Department of Public Enterprises (DPE) hopes to finalise a ‘project plan’ for the struggling State-owned diamond producer, Alexkor, within the next few weeks. 

Canadian gem exploration renaissance

31st January 2002 Miners are rushing to stake claims in the frozen terrain of northern Quebec and Nunavut after Ashton Mining re-energised Canada’s diamond sector with new discoveries there, analysts and producers said. 

Pretoria jewellery workshop initiated

29th January 2002 The Minister of Minerals and Energy, Phumzile Mlambo-Ngcuka has initiated an African jewellery-making and craft workshop at the Council for Scientific and Industrial Research (CSIR), which is based near Lynwood, in Pretoria. 

Big gem sampling off Namibian coast

By: Martin Zhuwakinyu     25th January 2002 Canadian-listed marine-diamond explorer Afri-Can Marine Mining reports that its initial sampling programme off the Namibian coast was completed on schedule in December. 

SA's jewellery dream begins to take form

By: Irma Venter     18th January 2002 A South African landscape dotted with jewellery schools producing indigenously-inspired adornments – this dream of the country developing its mineral riches beyond mere mining has crystallised to reality within three years, and is set to expand further. 

Ring's fellowship stretching from US to Singapore

By: Laura Franz     18th January 2002 Gold mining company Harmony Gold Mining has succeeded in reaching for the brass ring, or the gold ring as the case might be, having won itself a ride with one of the world’s most anticipated films, the ‘Lord of the Rings’, which came on circuit during December in South Africa. 

Sierra Leone's gem ban extended

14th January 2002 The UN Security Council has extended for another year a global ban on black-market diamond exports from Sierra Leone, where a gems-for-arms trade fuelled a brutal civil war that lasted more than a decade. The ban, first imposed in July 2000 to dry up the main source of financing for the... 

Canadian marine gem miner in Namibian sampling programme

By: Martin Zhuwakinyu     14th December 2001 Canadian-listed marine-diamond explorer Afri-Can Marine Minerals reports that the sampling programme being undertaken at its partly-owned concession off the Namibian coast will be completed around December 22, after which a decision on whether or not to proceed with a bulk-sampling programme... 

Marine gem miner experiments with new dredging technology

By: Keith Campbell     14th December 2001 Trans Hex Group is experimenting with new offshore dredging techniques, while slowing down its inshore mining platform project and commissioning its new diamond mining ship, MV Namakwa 

Marine gem miner experiments with new dredging technology

14th December 2001 South African marine and terrestrial diamond-mining company Trans Hex is experimenting with new offshore dredging techniques. "We've implemented innovations in dredging, which are showing great promise," reveals company marine division executive director Andr 

Diamond giant to close Swiss sales operation

14th December 2001 The king of rough diamonds, De Beers, said it was closing its sales operations in Lucerne, Switzerland, to focus its European selling in London. The company said it would keep an office in Lucerne, but the sales operation of its Diamond Trading Company would move. It could not say how many jobs... 

Diamond giant's exports not impacted by SA disputes

13th December 2001 World gem giant DB Investments (DBI), formerly De Beers, said its uncut diamond exports were unaffected by a new dispute between the South African Diamond Board and the government diamond valuator (GDV). The regulatory Board and the GDV, which ensures exports are priced in line with world... 

No finality yet in Russian diamonds deal

12th December 2001 Diamond giant De Beers said the future of its cooperation agreement with Russian miner Alrosa had not yet been finalised, but expected the current deal to stay in place until a new one was signed. 

Gem miner appoints first woman director

5th December 2001 The only diamond-miner listed on the Johannesburg Securities Exchange, Trans Hex, has appointed its first woman director. 

Kimberley process lacks teeth – Global Witness

5th December 2001 Non-governmental organisations (NGOs) believe that the final meeting of the Kimberley Process, which has been mandated by the United Nations General Assembly with establishing an international system of controls to certify the trade in rough diamonds, has made significant progress towards a final... 

Diamond giant eyes bigger Canada role

4th December 2001 The world’s leading diamond producer, De Beers, is looking for a bigger stake of Canada’s growing diamond industry, and said it wants more work done on a diamond-bearing property in northern Ontario before it makes a decision to build the province’s first diamond-mine, possibly... 

Diamond certification system to stem illegal trade

3rd December 2001 Diamond industries in more than 40 countries agreed to implement an international certification scheme for the trade in rough diamonds by the end of 2002, or face severe penalties and sanctions from the United Nations (UN). 

Washington approves ‘blood diamond’ measures

30th November 2001 The US House of Representatives overwhelmingly approved a measure designed to help stem the trade in so-called ‘blood diamonds’ from Africa, linked in part to suspects in Washington’s war on terrorism. 

SA chair conflict gem meeting

28th November 2001 The Minister of Minerals and Energy, Phumzile Mlambo-Ngcuka, will chair a meeting of Ministers from the world’s leading diamond exporting, processing and importing states to be held in Gaborone, Botswana. 

SA gem miner prepares for market rebound

27th November 2001 South Africa’s only listed diamond company Trans Hex has reaffirmed the diamond-miner’s target of producing 211 400 carats in the financial year. 

Uganda exploiting DRC wealth – report

26th November 2001 Uganda’s diamond exports have tripled in the last eight months, the second United Nations (UN) report on the alleged exploitation of the Democratic Republic of Congo’s mineral wealth has said. 

East Rand facility to produce a third of world's synthetic-diamond output

By: Irma Venter     23rd November 2001 The new Oppenheimer Diamond Research Laboratory in Springs, on the East Rand, together with the adjacent diamond-manufacturing plant, in the process of expanding, is the largest and most advanced synthetic diamond centre in the world. 

Floating diamond-recovery vessel performing well

16th November 2001 The South African designed and built processing plant on board the world’s biggest floating diamond recovery vessel, Ya Toivo, is performing well off the Namibian coast. 

Screening company boosts capacity

16th November 2001 Leading mining contract screening company Ruslyn Mining has strengthened its operating capacity by acquiring new equipment and by reallocating existing screening plants to service newly-awarded contracts. 

New gyratory crusher for diamond-mine

16th November 2001 A contract for the supply of a primary gyratory crusher to the Orapa Diamond Mine has been awarded to IMS Engineering. 

Extension for diamond-sorting operation

16th November 2001 Local company Swisslog Trans-Tele is putting the finishing touches on a R30 000 extension to the diamond sorting operation at De Beers’ Premier Diamond Mine near Pretoria. 

Firm sees increased modular plant sales

By: Zonika Botha     16th November 2001 Repeat orders from smaller entrepreneurial diamond-mining companies are paving the way for increased sales of Bateman-manufactured modular process plants. 

Diamond-mine fitted with new crusher

16th November 2001 Diamond giant De Beers’ Venetia mine has replaced its last existing crusher with a Kawasaki Cybas Cone crusher from IMS Engineering. 

Machines fitted with fast fuel systems

16th November 2001 Eight new machines supplied by Komatsu to Debswana, Orapa and Letlhakane mines have been fitted with Wiggins fast fuel systems and dry-break coupling functions from IMS Industrial Products. 

World's largest screens ordered for diamond plant

16th November 2001 A R10,5-million contract for the supply of specialised screens – including some of the world’s largest double-deck ‘banana’ screens – has been secured by Linatex Africa for installation at De Beers Consolidated Mines’ Kimberley Mines plant. 

Clarity emerging of conflict gem attack plan

12th November 2001 With less than a month to go before the final deadline for the report on conflict diamonds due for presentation at the United Nations 56th session, the Kimberley Process has announced some important decisions taken at the plenary session which took place in Luanda, Angola, last week. 

Outlook for SA mining pondered

By: Keith Campbell     9th November 2001 For SA mining, the effect of the 11/9/01 terrorist attacks in the US has been to accelerate a global economic downturn already underway, with the concurrent decline in the commodity markets. 

Jewellery in US post 'Terror Tuesday'

By: Laura Franz     9th November 2001 In spite of the September 11 terrorist attacks, fine jewellery remains US consumers’ third most popular gift option over the Christmas season for the second year in a row, says a study titled ‘Gift giving this holiday season’ which was conducted by MVI – a consulting firm... 

Diamonds-for-terror allegation

7th November 2001 Sierra Leone has evidence that jailed rebel leader Foday Sankoh sold diamonds to a dealer whom some suspect of having links to Osama bin Laden’s al Qaeda network, Justice Minister Solomon Berewa said. 

WTO rules could thwart efforts to curb blood-gem trading

5th November 2001 The diamond industry edged closer to agreeing ways to curb illegal exports of so-called ‘blood diamonds’ from war-torn Africa but reservations by the US still hung over a possible deal. 

Resources firm expands diamond interests

5th November 2001 Resource company BHP Billiton has concluded the acquisition of diamond, mineral exploration and development company Dia Met Minerals, in a deal it believes will provide ongoing access to rough diamonds. 

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