R/€ = 14.88 Change: -0.01
R/$ = 12.10 Change: 0.00
Au 1335.58 $/oz Change: -5.52
Pt 927.50 $/oz Change: -4.49


Mining solutions provider expands in CIS countries

By: Robyn Wilkinson     22nd July 2016 Despite globally depressed iron-ore prices, there are still opportunities for the supply of minerals processing solutions in Commonwealth of Independent States (CIS) countries like Russia and China, says mining equipment specialist Osborn Engineered Products export director Martin Botha. 

Order book for Russia's Alrosa share sale fully covered – sources

By: Reuters     7th July 2016 The order book for a share placement in Russian diamond producer Alrosa is fully covered, two financial market sources told Reuters on Thursday, quoting information from organisers of the placement. Russia on Wednesday launched the sale of 10.9% of ordinary shares in Alrosa, the world's largest... 

Osborn to supply grizzly feeder, jaw crusher to Angolan mine

By: Dylan Slater     1st July 2016 Mining equipment manufacturer Osborn Engineered Products, last month, secured a R12-million export order to a mine in Angola, for robust machines that will enable the world’s fourth largest diamond mine to process the more competent material which it is currently mining.  

Diamonds are Putin’s best bet to entice wary investors to Russia

By: Bloomberg     15th June 2016 President Vladimir Putin is trying to woo foreign investors into the battered Russian economy by offering a chunk of the world’s biggest miner of diamonds. Russia needs cash to help fill a hole in its budget, the result of a collapse in revenue from plunging oil prices 

New diamond mine inaugurated in Angola

By: Keith Campbell     15th April 2016 Angola’s newest diamond mining operation, the Tcheji Mining Company, had its operation formally inaugurated on April 4. The project involved an initial investment of some $15-million and the mine has an initial production capacity of 3 000 carats a month. However, with the completion of a new... 

Diamonds will remain sought after regardless of economic trends

By: Nadine James     19th February 2016 Although diamond demand is not immune to global economic trends, such as the slowed growth in China that resulted in a collapse in commodity prices, Aim-listed diamond exploration company Botswana Diamonds (BOD) executive chairperson John Teeling is still optimistic about long-term demand. “You... 

Global diamond output by value expected to shrink 10%

By: Henry Lazenby     2nd February 2016 Despite efforts by diamond majors De Beers and Rio Tinto to curb global diamond supplies, lower output is forecast to be offset by stable Russian production, new mines, and production increases by Dominion Diamond Corp and Petra Diamonds, according to independent industry analyst and consultant... 

Russia's Alrosa plans to sell diamonds worth $3.5bn in 2016

By: Reuters     22nd December 2015 Russian diamond miner Alrosa plans to sell diamonds worth $3.5-billion next year, the company said on Tuesday. It added that diamond production in 2016 was planned at 39-million carats. 

Diamond producers could face further rough price cuts to combat lower demand, overstocking

By: Henry Lazenby     14th December 2015 Diamond miners might once more be forced to resort to cut prices of rough stones in a bid to revive demand, after the first eleven months of 2015 had witnessed prices drop by about 18%, owing to slowing sales of diamond jewellery – the end market for rough diamonds – and reduced availability of... 

Canadian diamond producers best positioned to weather price crunch

By: Henry Lazenby     24th November 2015 As the global diamond industry sobers from a hangover of expected market growth that did not happen, Canadian producers are perhaps best positioned to weather the downturn, given the superiority of the country’s diamond projects. Since the global economic downturn of 2009 and up to the middle of... 

Botswana Diamonds, Alrosa JV awarded new prospecting licence

By: Creamer Media Reporter      9th October 2015 The Botswana government has awarded Sunland Minerals – a 50:50 joint venture (JV) between Aim-listed Botswana Diamonds and Russian diamond producer Alrosa – a new prospecting licence, PL260/2015. The 25 km2 PL260/2015 covered ground which was the highest priority for the JV partners and it... 

Russians signalling new Botswana diamond find – Teeling 

By: Martin Creamer     9th June 2015 Analysis used by Russian diamond giant Alrosa indicated that a new diamondiferous kimberlite would emerge in Botswana by Christmas, London Aim-listed company head John Teeling said on Tuesday. Speaking at the thirteenth Botswana Resource Sector Conference here, Teeling noted that Alrosa made use... 

Diamond producer aiming to establish new Botswana mine

By: Kimberley Smuts     5th June 2015 Diamond exploration and project development company Botswana Diamonds is aiming to establish a new diamond mine in Botswana, executive chairperson John Teeling tells Mining Weekly. The company expects to find new areas of kimberlite, potentially containing diamonds, by the end of this year, and... 

Botswana Diamonds, Alrosa JV awarded exploration licences

By: Natalie Greve     15th April 2015 The government of Botswana has awarded three prospecting licences to Sunland Minerals, the exploration joint venture (JV) company owned by Aim-listed Botswana Diamonds and Russian diamond producer Alrosa. Botswana Diamonds said on Wednesday that the centrally located licence areas, which cover 46... 

Orapa diamond field to plug ‘clear’ supply gap, asserts explorer

By: Natalie Greve     27th March 2015 Diamond explorer Botswana Diamonds continued to advance second-phase exploration on three of its joint venture (JV) blocks in the Orapa area of Botswana, telling shareholders on Friday that the diamond industry continues to “glisten” in a resource sector depressed by weak demand. Chairperson John... 

Botswana Diamonds secures another exploration licence

By: Creamer Media Reporter      24th March 2015 The Botswana government has granted Atlas Minerals, a subsidiary of Aim-listed Botswana Diamonds, a new licence – PL 085. The licence area, which would be explored as part of Botswana Diamonds’ 50:50 joint venture (JV) with Russian diamond company Alrosa, covered 316 km2 and was located... 

Botswana Diamonds to intensify Orapa exploration

     5th March 2015 Aim-listed Botswana Diamonds, through its 50:50 joint venture with Russian diamond miner Alrosa, would spend $1-million this year on the exploration of its licence at Orapa, Botswana. The JV partners were aiming to discover major new kimberlites during the year. 

Global rough diamond output expected to hit 135m carats in 2015

By: Henry Lazenby     6th February 2015 Global diamond output is expected to hit 135.5-million carats this year, analysis of the world's 54 largest diamond mines has shown. Independent industry analyst and consultant Paul Zimnisky, who undertook the research, said three new diamond mines expected to start production this year, with... 

WFDB expresses sorrow over death of former Alrosa president

By: Natasha Odendaal     2nd February 2015 The World Federation of Diamond Bourses (WFDB) on Monday expressed its sorrow over the death of partially State-owned Russian diamond producer Alrosa’s former president Fyodor Andreev on Friday. Andreev, 47, who stepped down last September for medical reasons after serving as president of the... 

Botswana Diamonds to drive exploration amid ‘oligopolistic’ industry

By: Natalie Greve     24th November 2014 Botswana Diamonds’ focus will remain on discovering new sources of diamonds in the Southern African State despite potentially volatile market prices and an oligopolistic industry dominated by Alrosa, De Beers, Rio Tinto and Dominion Diamonds. Chairperson John Teeling outlined in a preliminary... 

Plant engineering specialist supplies third mill to Angolan diamond mine

By: David Oliveira     3rd October 2014 Plant engineering specialist, ThyssenKrupp Industrial Solutions South Africa will deliver another mill to a diamond mine, in Angola’s Luanda Sul province, next month. Catoca is owned and operated by a joint venture company comprising State-owned Angolan mining company Endiama, Russian diamond... 

Alrosa geologists to work with Botswana Diamonds team

By: Creamer Media Reporter      18th September 2014 A seven-person geological team from Russian diamond mining company Alrosa has arrived in Botswana, where they will work with staff members of Aim-listed Botswana Diamonds on an exploration programme on licences in the diamond province of Orapa. Alrosa and Botswana Diamonds were undertaking a... 

Alrosa world’s largest diamond producer by volume – World Federation 

By: Martin Creamer     11th August 2014 While De Beers remains the world’s largest producer of diamonds by value, Russian diamond mining company Alrosa is now the world’s biggest producer by volume, which elevates its importance significantly. Current economic sanctions against Russia do not extend to diamonds and although there are... 

Drilling Programme in Orapa

     8th August 2014 The board of Botswana Diamonds is pleased to confirm that a drilling programme will start the third week of September on Prospecting Licence No PL117/2011 in Orapa, Botswana.The two specific targets to be drilled, AN117/1 and AN117/2, are in the Northern part of this small 2.9 sq km block. The... 

Alrosa-supported firm identifies targets “believed to be kimberlites”

By: Tshiamo Tabane     27th June 2014 An exploration company in which Russian State-owned giant Alrosa has identified two targets believed to be diamond kimberlites in the Orapa region of Botswana. Alrosa is undertaking diamond exploration in the Southern African country in a 50:50 joint venture with Botswana Diamonds (BOD).The JV... 

Angola to grant De Beers new diamond exploration licence 

By: Reuters     11th April 2014 Angola, the world's fourth-largest diamond producer by value, will approve a new concession to mining major De Beers to explore for diamonds, Geology and Mines Minister Francisco Queiroz has said. London-based De Beers, majority-owned by global miner Anglo American, previously explored in Angola... 

Dubai Diamond Exchange signs Cooperation Agreement with ALROSA

     8th April 2014 The Dubai Diamond Exchange and ALROSA, the Russian world leader in diamond mining, have signed a Cooperation Agreement in Dubai.The Cooperation Agreement aims to further strengthen the relationship between the world’s largest producer of diamonds in volume terms and the DDE, a DMCC platform,... 

Aussies help out with mechanised mining, Russia helps Botswana to find diamonds, union unhappy with new CEO appointment

By: Martin Creamer     28th February 2014 Two South African mines have called in Australians to help with mechanised mining; Russian help is being brought into Botswana; and the National Union of Mineworkers may strike because of its unhappiness with the appointment of a new CEO at Northam Platinum. 

Exploration company seeks out potential new sites in Botswana

By: Ilan Solomons     21st February 2014 Aim-listed diamond explorer Botswana Diamonds (BOD) aims to identify further diamondiferous kimberlite pipes in Botswana this year, chairperson John Teeling tells Mining Weekly. He says the company’s joint venture (JV) exploration project with Russia-based diamond company OJSC Alrosa subsidiary,... 

Alrosa geologists arrive at Botswana Diamonds’ Orapa project

By: Natalie Greve     19th February 2014 Five senior geologists from Aim-listed Botswana Diamonds’ joint venture (JV) partner, Russia-based diamond group Alrosa, have joined the Botswana team on site at the JV’s PL117 licence project, in the Orapa region. The partners would now carry out further soil sampling, geophysical and... 

Botswana Diamonds starts Orapa fieldwork

By: Leandi Kolver     14th January 2014 Aim-listed Botswana Diamonds on Tuesday announced that it had started work on the 2.9 km2 PL117 licence area in Orapa, Botswana, with drilling expected to start before the end of the first quarter of this year.  

Botswana Diamonds to start Orapa fieldwork in January

By: Leandi Kolver     22nd November 2013 Aim-listed Botswana Diamonds would start the first ground phase of its joint venture with Russian diamond company Alrosa in January, with Russian geologists set to start fieldwork on the PL117, 2.9 km2, licence area in Orapa, Botswana. The objective of the initial fieldwork, Botswana Diamonds... 

Angolan diamond industry to regain record production

By: Jonathan Rodin     8th November 2013 The Angolan diamond mining industry could be poised to regain record production levels in the next few years, say economic geology consultants Sínese and sub-Saharan Africa investment bank Eaglestone. 

Angola seeks to diversify its economy by developing mining sector

By: Keith Campbell     6th September 2013 For decades, the Angolan economy has been completely dominated by the country’s hydrocarbons sector. The Organisation of Petroleum Exporting Countries reports that oil accounts for 50% of the south-west African country’s gross domestic product (GDP) and 90% of its exports. Angola’s first oilfield... 

Angola seeks to diversify its economy by developing mining sector

By: Keith Campbell     6th September 2013 For decades, the Angolan economy has been completely dominated by the country’s hydrocarbons sector. The Organisation of Petroleum Exporting Countries reports that oil accounts for 50% of the south west African country’s gross domestic product (GDP) and 90% of its exports. Angola’s first oil... 

Good news for Angolan gem companies’ shareholders

By: Keith Campbell     9th August 2013 Angolan diamond mining company Catoca Mining, which is the country’s biggest diamond producer, accounting for more than 75% of the national output of the gemstones, will distribute $131.7-million in dividends to its shareholders, the Angolan weekly ‘Expansão’ has reported. These dividends... 

Angolan, Russian companies to partner in search for kimberlites in the African country

By: Keith Campbell     28th June 2013 Angola’s State-owned national diamonds company, Empresa Nacional de Diamantes de Angola, better known by its acronym Endiama, last week signed a joint development agreement with Russian diamond miner Alrosa. This covers prospecting for, and exploration in, diamoniferous areas in the African... 

Russian diamond technology offers huge plus – Botswana Diamonds

By: Martin Creamer     12th June 2013 Russian diamond exploration technology offers a huge plus and its use in Botswana could lead to the discovery of large new mines, says Botswana Diamonds executive chairperson John Teeling. The head of the London Aim- and Botswana Stock Exchange-listed exploration junior, who addressed the... 

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