Real Economy Report

South African Airways gives an update on its fleet replacement programme; South Africa and Russia want to stimulate bilateral trade and investment; and, we discuss Carbon Capture and Storage.

Daily podcast – September 29, 2009

More than 2 000 Anglo American coal jobs would be lost through premature mine closure should the Australian government go ahead with its carbon pollution reduction scheme; and Petra Diamonds recovers a 507,55 ct white diamond at its iconic...

Diamond Council CEO urges diamond industry to reposition itself for upturn

South Africa should reposition itself to take full advantage of the opportunity that will present itself when the diamond industry eventually turns up again, says Diamond Council of South Africa CEO Braen Migogo. Migogo tells Mining Weekly Online...

Slump in jewellery demand affects demand for locally polished diamonds

There has been a significant slump in the demand for diamond jewellery, which has had a direct effect on the demand for polished diamonds cut in South Africa, says Diamond Council of South Africa (DCSA) CEO Braen Migogo.

SA diamond sector seeking ways to mitigate economic downturn

Top South African diamond industry players are committed to seeing the diamond industry through its current economic hardship, and are working on a strategic plan to ensure that the industry does not fall under a barraging wagon of chaos. The...

South African diamond industry seeking ways to mitigate economic downturn

Across the mining industry the effects of the current economic downturn have made a severe impact on production and sales, and resulted in the loss of many jobs. Slowly, but surely, the crisis is spreading to the diamond sector.

Daily podcast – November 11, 2008

In today's podcast: The Diamond Council of South Africa and the United Diamond Association of South Africa have amalgamated to form a single diamond downstream industry body; US aluminium giant Alcoa has slashed a further 350 000 tons of...

SA Diamond Council joins association to form single downstream body

The Diamond Council of South Africa and the United Diamond Association of South Africa have amalgamated to form a single diamond downstream industry body, which will represent the interests of all industry players involved in rough diamond dealing...

State Diamond Trader CEO unhappy with progress to date, hopes to achieve targets by March

The State Diamond Trader (SDT), established to buy 10% of the country’s diamond production for sale to local cutters and polishers, has completed its first “critical” six months of operation, and achieved necessary targets, but says that he...

Diamond council aims for a fully representative industry body

The Diamond Council of South Africa (DCSA) was re-established in April, through the amalgamation of the Master Diamond Cutters Association (MDCA) and the Rough Diamond Dealers Association (RDDA).