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...

Developments in Namibian mining indicate growth of sector

The Namibian Minister of Environment and Tourism has given environmental clearance to Australia-based uranium explorer Deep Yellow for its 95%-owned Shiyela iron-ore project.



Diamond miner announces $3m financing agreement

TSX-listed diamond miner Afri-Can Marine Minerals, which is involved in the acquisition, exploration and development of major properties in Namibia, says it has entered into a financing agreement with fund manager Trinity Asset Management...

Consultancy aiming to grow to accommodate more complex projects

Mining projects being established at remote locations need to be much larger than those operating in areas with existing infrastructure to justify capital investment in supporting infrastructure and, therefore, require higher production rates.

Initiative seeks to improve headgear quality

Engineering, procurement and construction management (EPCM) project house TWP, which is a member of the Mining Structures working group committee for the South African National Standards (Sans), is strongly advocating the adoption of South African...

Diamond miner Koidu eyes listing, to quadruple output

Sierra Leonean diamond miner Koidu Holdings is studying a possible flotation and aims to reach a previously stated target of quadrupling its output to 45 000 carats a month in July. "There is significant benefit in having access to capital...

Diamond junior says expected strong fundamentals augur well for future growth

South African diamond-miner Rockwell Diamonds’ future development strategy and long-term expansion plans will rely on a combination of consistent carat production, successful proof of concept technology testing at its mines in the Northern Cape...

M&R installs egress system at Finsch diamond mine in 11 days

Shaft sinking, contract mining and raise-and shaftboring technology service provider Murray & Roberts Cementation has completed the implementation of an emergency egress system, over 11 days, at diamond miner Petra Diamonds’ Finsch mine.

Group nominated as preferred contractor for proposed Venetia underground project

Engineering and construction group Murray & Roberts’ (M & R’s) subsidiary M & R Cementation has been selected by diamond miner De Beers as the preferred contractor to undertake the development of an underground mining operation at the Venetia...

Gem prices to remain static in 2012, says Harry Winston boss

Harry Winston, which reported a $4.7-million third-quarter loss on a write-down, expects to see diamond prices remain flat next year, as a build up of rough inventories works its way through the market. Chairperson and CEO Robert Gannicott on...

Kinross adjusted Q3 profit up 134%, revenue tops $1bn

Kinross Gold, which operates mines in North and South America, Africa and Russia, made an adjusted profit of $273-million for the quarter ended September, which was 134% higher than the same period in 2010, the company said on Wednesday. Revenue...

Alexkor to restructure, eyes new ventures in Southern Africa

State-owned diamond miner Alexkor on Monday said it would restructure in a bid to reap greater dividends from its current operations, and would engage new projects in southern Africa. Chairperson Reginald Muzariri said the company was in an...