Firestone finds three large diamonds at Lesotho mine

Aim-listed diamond mining and exploration company Firestone Diamonds has recovered three large stones at its Liqhobong mine, in Lesotho, including an unbroken 74 ct light yellow diamond. The 74 ct diamond, found in April, is the largest recovered...

Critical time for South Africa’s mining industry – Leon

The South African mining industry – a mainstay of South Africa’s $357-billion economy, the biggest in Africa as well as the basis of this country’s industrialisation – is at a crossroads, says Webber Wentzel partner and Africa mining and...

Stellar Diamonds Kono mineral rights revoked

West Africa-focused Stellar Diamonds said on Thursday that Sierra Leone's Mines Ministry had revoked two of its licences in the Kono diamond district. The London-listed diamond mining and exploration company reported that the Ministry had issued...

Firestone raises £14.7m for restructuring, Lesotho development

Aim-listed Firestone Diamonds is raising £14.7-million as part of the restructuring of the company and the further development of its Liqhobong mine, in Lesotho. This followed a strategic review of the diamond mining and exploration company’s...

Explosives manufacturer set to target Botswana coal projects

AEL Botswana, a member of the international AEL Mining Services group, is looking to future opportunities in the country’s coal and electricity sectors as Botswana’s Coal Roadmap indicates an estimated 212-billion tons of coal reserves.

Venetia diamond mine expansion project, South Africa

Murray & Roberts Cementation has been selected by De Beers as the preferred contractor to undertake the development of an underground mining operation at the Venetia diamond 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...

Company Announcement: Resource Drilling Completed on Droujba Kimberlite Pipe in Guinea

Stellar Diamonds plc, the London listed diamond mining and exploration company focused on West Africa, announces that the initial resource drilling programme at the Company's diamondiferous Droujba kimberlite pipe project located in eastern Guinea...

A brief history of the Jagersfontein diamond mine

The history of diamond mining in South Africa has largely been dominated by the narrative of the discovery and development of the De Beers and Kimberley diamondiferous kimberlite pipes and, to a lesser extent, the Bultfontein and Dutoitspan...

Alexkor explores new opportunities as it posts R84m profit

State diamond miner Alexkor has reached a turning point, CEO Khetiwe McClain said on Monday, as the company reported its first operating profit in five years. The South African miner, whose land and mining rights have been transferred to the...

Community fund acquires stake in Namaqualand mines −Trans Hex

JSE-listed Trans Hex said on Wednesday that the Namaqualand Diamond Fund Trust (NDFT) would acquire a 5% shareholding in its 50%-held associate company Emerald Panther Investments (EPI). Trans Hex, through EPI, bought the Namaqualand Mines from...

Harry Winston Q1 earnings rise 51% to $25m

Toronto-based Harry Winston on Wednesday posted a 51% jump in pretax earnings for the quarter ended April 30, to $25-million, as profit rose in its diamond mining and jewellery retail units. “Both sides of our diamond business are performing...