R/€ = 14.23 Change: 0.11
R/$ = 11.57 Change: 0.11
Au 1329.28 $/oz Change: 7.32
Pt 995.50 $/oz Change: 7.69


UN Panel reconvenes to probe illegal DRC mining

     10th January 2002 A reconstituted expert panel set up by the UN Security Council to examine the illegal exploitation of natural resources and other forms of wealth in the Democratic Republic of the Congo (DRC), is expected to reassemble late in January for an additional six-month period, UN News reported. The... 

Less capex spending in world mining sector this year

     9th January 2002 According to the recently-released 2002 Industrial Outlook, the metals, minerals and mining industry will see a slight decrease in capital spending in 2002. 

Diamond giant to close Swiss sales operation

     14th December 2001 The king of rough diamonds, De Beers, said it was closing its sales operations in Lucerne, Switzerland, to focus its European selling in London. The company said it would keep an office in Lucerne, but the sales operation of its Diamond Trading Company would move. It could not say how many jobs... 

Diamond giant's exports not impacted by SA disputes

     13th December 2001 World gem giant DB Investments (DBI), formerly De Beers, said its uncut diamond exports were unaffected by a new dispute between the South African Diamond Board and the government diamond valuator (GDV). The regulatory Board and the GDV, which ensures exports are priced in line with world... 

No finality yet in Russian diamonds deal

     12th December 2001 Diamond giant De Beers said the future of its cooperation agreement with Russian miner Alrosa had not yet been finalised, but expected the current deal to stay in place until a new one was signed. 

Gem miner appoints first woman director

     5th December 2001 The only diamond-miner listed on the Johannesburg Securities Exchange, Trans Hex, has appointed its first woman director. 

Kimberley process lacks teeth – Global Witness

     5th December 2001 Non-governmental organisations (NGOs) believe that the final meeting of the Kimberley Process, which has been mandated by the United Nations General Assembly with establishing an international system of controls to certify the trade in rough diamonds, has made significant progress towards a final... 

Aids identified as a major challenge for diamond giant

     5th December 2001 Diamond giant De Beers has identified the issue of managing the social impact of HIV/Aids on its mines and in the community at large as its greatest safety, health and environmental (SHE) challenge. 

Diamond giant eyes bigger Canada role

     4th December 2001 The world’s leading diamond producer, De Beers, is looking for a bigger stake of Canada’s growing diamond industry, and said it wants more work done on a diamond-bearing property in northern Ontario before it makes a decision to build the province’s first diamond-mine, possibly... 

Diamond certification system to stem illegal trade

     3rd December 2001 Diamond industries in more than 40 countries agreed to implement an international certification scheme for the trade in rough diamonds by the end of 2002, or face severe penalties and sanctions from the United Nations (UN). 

Washington approves ‘blood diamond’ measures

     30th November 2001 The US House of Representatives overwhelmingly approved a measure designed to help stem the trade in so-called ‘blood diamonds’ from Africa, linked in part to suspects in Washington’s war on terrorism. 

How micro miners are helped

By: Martin Creamer     30th November 2001 Mvelaphanda has committed itself to assisting small-scale miners to emerge as entrepreneurs. 

From zero to R1,5bn hero

     30th November 2001 In three years, a new South African company has grown from zero to R1,5-billion in gross assets. 

SA chair conflict gem meeting

     28th November 2001 The Minister of Minerals and Energy, Phumzile Mlambo-Ngcuka, will chair a meeting of Ministers from the world’s leading diamond exporting, processing and importing states to be held in Gaborone, Botswana. 

SA gem miner prepares for market rebound

     27th November 2001 South Africa’s only listed diamond company Trans Hex has reaffirmed the diamond-miner’s target of producing 211 400 carats in the financial year. 

East Rand facility to produce a third of world's synthetic-diamond output

By: Irma Venter     23rd November 2001 The new Oppenheimer Diamond Research Laboratory in Springs, on the East Rand, together with the adjacent diamond-manufacturing plant, in the process of expanding, is the largest and most advanced synthetic diamond centre in the world. 

Extension for diamond-sorting operation

     16th November 2001 Local company Swisslog Trans-Tele is putting the finishing touches on a R30 000 extension to the diamond sorting operation at De Beers’ Premier Diamond Mine near Pretoria. 

Floating diamond-recovery vessel performing well

     16th November 2001 The South African designed and built processing plant on board the world’s biggest floating diamond recovery vessel, Ya Toivo, is performing well off the Namibian coast. 

Gravity-separation units record strong sales

     16th November 2001 The gravity separation industry is undergoing a renaissance in the mineral-processing sector, Gekko Systems CEO Elizabeth Lewis-Gray reports. 

Clarity emerging of conflict gem attack plan

     12th November 2001 With less than a month to go before the final deadline for the report on conflict diamonds due for presentation at the United Nations 56th session, the Kimberley Process has announced some important decisions taken at the plenary session which took place in Luanda, Angola, last week. 

Love will find a way

     9th November 2001 De Beers’ diamond sales are recoiling fast from last year’s height of $5,7-billion. 

Outlook for SA mining pondered

By: Keith Campbell     9th November 2001 For SA mining, the effect of the 11/9/01 terrorist attacks in the US has been to accelerate a global economic downturn already underway, with the concurrent decline in the commodity markets. 

Diamonds-for-terror allegation

     7th November 2001 Sierra Leone has evidence that jailed rebel leader Foday Sankoh sold diamonds to a dealer whom some suspect of having links to Osama bin Laden’s al Qaeda network, Justice Minister Solomon Berewa said. 

WTO rules could thwart efforts to curb blood-gem trading

     5th November 2001 The diamond industry edged closer to agreeing ways to curb illegal exports of so-called ‘blood diamonds’ from war-torn Africa but reservations by the US still hung over a possible deal. 

Resources firm expands diamond interests

     5th November 2001 Resource company BHP Billiton has concluded the acquisition of diamond, mineral exploration and development company Dia Met Minerals, in a deal it believes will provide ongoing access to rough diamonds. 

Gems-for-arms trade under attack

     1st November 2001 Delegates at a three-day conference on ‘blood diamonds’ in Angola will seek a plan to block the trade in conflict gems that has thrived despite United Nations (UN) sanctions, the Angolan government said. 

Love and diamonds could be flipside of 'Terror Tuesday'

     19th October 2001 A US recession could hurt the demand for diamonds, but the head of De Beers, the world’s largest diamond company, said that a rising number of engagements following the September 11 attacks could help restore some luster to an already weak market. 

Gem beneficiation debate still raging

By: Terence Creamer     19th October 2001 A number of local diamond cutters and polishers are once again expressing concerned that neither Section 59 of the Diamond Act nor the annual De Beers layout are sufficient to encourage local beneficiation. 

Terror attacks to hit diamonds

By: Laura Franz     19th October 2001 In addition to being in a recession, the global diamond industry is expected to take a knock as a result of the US terror attacks that occured in September, reason being that this country accounts for more than 60% of global rough and processed diamond sales, forecasts South African Diamond Board... 

Conflict gem trade continues

     18th October 2001 More than $1-million worth of diamonds are still being smuggled out of Angola every day, despite a campaign to end the trade in ‘conflict diamonds', according to a UN report. 

Brother and sister of SA mining

     12th October 2001 Brother and sister in mining, Mmakau Mining founder and executive chairperson Bridgette Motsepe Radebe and African Rainbow Minerals (ARM) CEO Patrice Motsepe, are united in the drive to see more black involvement in a sector still dominated by large white-owned companies. 

Fresh PGM moves on Bushveld East limb

     12th October 2001 Canadian resources company, SouthernEra Resources reports the acquisition of a 100% interest in the Millennium platinum-group metals (PGM) project located on the eastern limb of the Bushveld Igneous Complex in South Africa. 

Brother and sister of SA mining

     12th October 2001 Brother and sister in mining – Mmakau Mining founder and executive chairperson Bridgette Motsepe Radebe and African Rainbow Minerals (ARM) CEO Patrice Motsepe – are united in the drive to see more black involvement in a sector still dominated by large white-owned companies. 

On-The-Air 12/10/2001

     12th October 2001 SAfm anchor John Perlman: It is that time on a Friday when we get into some TechnoTalk with Martin Creamer, Publishing Editor of Engineering News and Mining Weekly. Martin, a very good morning to you, vehicle tracking technology, a big part of South Africa�s anti crime initiatives. I believe... 

New diamond-dump retreatment project

     9th October 2001 A joint venture led by black-owned New Diamond Corporation (NDC) sees a R3,5-million investment in the retreatment of Kimberley’s Caravan Park Dumps, as well as the establishment of a R2,1-million treatment plant near Kamfersdam. 

Canadian diamond-sampling project

     8th October 2001 Canadian exploration company Pele Mountain Resources has entered into an agreement with De Beers Canada to process a bulk sample of approximately 100 t of ultramafic breccia from Pele’s Cristal diamond occurrence. 

Australians and Canadians come a-hunting

     5th October 2001 Officials at Australian junior exploration firm Kings Minerals relish recounting how they acquired the Wimbledon diamond prospect near Kimberley, in the Northern Cape. 

Australians and Canadians come a-hunting

By: Martin Zhuwakinyu     5th October 2001 Officials at Australian junior exploration firm Kings Minerals relish recounting how they acquired the Wimbledon diamond prospect near Kimberley, in the Northern Cape. 

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