Rescue sensors deployed at N Cape mine to find survivors

A specialist mine rescue services proto-team has installed a trapped persons location device at diamond miner De Beers’ Bontekoe mine, in Kleinzee, in the Northern Cape, to locate trapped illegal miners. Mine rescue teams were attempting to...

Company Announcement: Second deceased digger removed from collapsed tunnel at Bontekoe

Sensitive rescue sensors deployed to find survivors

De Beers to sell Namaqualand mines to Trans Hex for R225m

De Beers Consolidated Mines (DBCM) announced last week that it would sell its Namaqualand mines in South Africa to black-empowered Trans Hex for R225-million. DBCM announced in mid-2010 that it was putting both the Namaqualand and Finsch mines on...

Trans Hex buys De Beers Namaqualand mine for R225m

De Beers Consolidated Mines (DBCM) on Friday announced that it would sell its Namaqualand mines in South Africa to black-empowered Trans Hex for R225-million. DBCM announced in mid-2010 that it was putting both the Namaqualand and Finsch mines on...

R10bn for Venetia expansion

Diamond-miner De Beers has approved the next stage of a feasibility study to extend mining operations at its Venetia mine in South Africa’s Limpopo province.

De Beers may spend R10bn on Venetia expansion

Diamond-miner De Beers has approved the next stage of a feasibility study to extend mining operations at its Venetia mine in South Africa’s Limpopo province. Executive chairperson Barend Petersen said at the Mining Indaba in Cape Town that the...

Now Petra nabs Finsch diamond mine for R1,4bn, De Beers' Namaqua still in play

The London Aim-listed Petra Diamonds is buying Finsch diamond mine from De Beers for R1,4-billion ($210-million) in cash. De Beers' less attractive suspended Namaqualand alluvial operation, which was put on the market at the same time as Finsch,...

Oppenheimer direction less clear as hazier outline emerges

The name Oppenheimer and Anglo American have been synonymous for 93 years. But it is no longer clear to what extent it will be so when Anglo celebrates its centenary in seven years. The 120-year-old De Beers diamond mining and marketing company...

Banking group honours mining houses’ 
sustainability initiatives

Acknowledging the contribution that responsible mining and mineral beneficiation makes to the economic development of Southern Africa, financial services company Nedbank has honoured mining companies’ efforts in promoting sustainability in...

New-order rights hold up Galaxy Gold’s planned JSE listing, Oppenheimer passes De Beers DBCM baton to Petersen, early takeout attempt on incipient Royal Bafokeng Platinum

The JSE has confirmed that gold-mining junior Galaxy Gold’s proposed JSE listing had been delayed because the company does not have new-order mining rights. Read on page 6 of this edition of Mining Weekly of the JSE’s reader panel, which...

De Beers halts SA marine ops, output to jump

De Beers, the world's largest diamond producer, expects to boost output in South Africa by nearly 50% this year as global demand recovers, but has abandoned an effort to mine gems in South African coastal waters. Diamond output in South Africa...

Oppenheimer cedes De Beers DBCM chair to Barend Petersen

The new executive chairperson of the South African wing of the global De Beers group is De Beers Consolidated Mines (DBCM) acting CEO Barend Petersen. Petersen replaces De Beers group chairperson Nicky Oppenheimer, who will continue as...