Botswana diamond mining holds sparkling potential

The troubles of the global economy have had an impact on most industries and the diamond industry is not immune. Consumer market performance is mixed with the US and Europe remaining weak, while emerging markets such as China and India are...

Ghaghoo sand tunnel project 38% complete

Work on the R67-million vertical sand tunnel at international diamond producer Gem Diamond’s Ghaghoo diamond mine is at 38% completion.

Forevermark launches in Joburg and Cape Town

Separately managed division of diamond producer De Beers, Forevermark, aims to increase the company’s retail outlets by year-end, Forevermark CEO Stephen Lussier tells Mining Weekly.

Contract miner to use cost-effective conveyor belts at diamond mine

International diamond producer Gem Diamonds has awarded a R67-million contract to contract mining firm Redpath South Africa for the development of a sand tunnel at the remote and isolated, recommissioned Ghaghoo diamond mine, in Botswana.

Zim’s topsy-turvy licence discussion, Rio Tinto Zim diamonds eclipsed, bumper year for mining bosses

Zimbabwe’s topsy-turvy licence discussion is sowing investor uncertainty; Rio Tinto's Murawa in Zimbabwe is being eclipsed by a new diamond company; and mining boss pay continues to be of the bumper kind this year

Gem says volatility clouds outlook, but notes tight supply conditions

Record high rough diamond prices and positive supply and demand dynamics resulted in international diamond producer Gem Diamonds’ revenue increasing by 89% and earnings before interest, tax, depreciation and amortisation (Ebitda) surging to 489%...

SA firm Redpath clinches R67m contract to build sand tunnel at Botswana’s Ghaghoo diamond mine

International diamond producer Gem Diamonds has awarded a R67-million contract to contract mining firm Redpath South Africa for the development of a sand tunnel at the recommissioned Ghaghoo diamond mine, in Botswana.

Engineering company under way with work at Morupule

Engineering company Fluor South Africa reports that it is the EPCM and project management service provider for phase one of the Morupule coal mine expansion, in Botswana. This project will provide fuel for a new Morepule power station, near the...

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...

African Diamonds agrees to C$82m Lucara takeover

TSX Venture Exchange-listed Lucara Diamonds has agreed to buy Aim-listed African Diamonds in a C$82-million deal, which would create an emerging diamond producer controlling two new kimberlite mines. African Diamonds, which jointly owns the AK6...

Retrenchments 
despite improving diamond market

South African trade union Solidarity says that diamond producer De Beers Consolidated Mines (DBCM) plans to retrench 40% of its workers at its Northern Cape Finsch mine, citing the weakening price of diamonds as one of the reasons.

Providing innovative energy solutions is the name of the game

Titanium producer Richards Bay Minerals is undertaking a development programme for the installation of a cogeneration power plant that will use 30 000 m3 of carbon monoxide (CO) furnace off gas an hour to support the reduction of its carbon...