R/€ = 15.71 Change: 0.00
R/$ = 13.43 Change: -0.02
Au 1231.96 $/oz Change: 8.71
Pt 829.00 $/oz Change: 16.94


Marine diamond-mining technology triumphs

By: vanessa vasques     12th April 2002 The process of mining at sea will never be easy as miners will always have to contend with a hostile environment hampered by storms, high winds and rough seas. 

Mining giant to cut dependence on SA assets

10th April 2002 Mining giant Anglo American’s convertible bond issue has brought back into focus the mining giant’s need to reduce reliance on its South African assets, most likely through foreign acquisitions, industry analysts said. 

Bid to cut and polish gems in Northern Cape

5th April 2002 Authorities in the Northern Cape are pushing ahead with plans to have locally mined diamonds developed and polished in the country, before being exported to international markets for sale, especially in Europe and the US. 

Report questions 'prosperity diamonds' claim

By: Martin Zhuwakinyu     5th April 2002 While Southern Africa’s diamond endowment has brought about economic prosperity and has not fuelled civil strife – as has been the case in Angola, Sierra Leone and the Democratic Republic of Congo (DRC) – Partnership Africa Canada contends that the region’s... 

Junior optimistic about diamond project

2nd April 2002 Junior miner Kimberley Diamond of Australia has released a feasibility study which confirms the viability of the first-stage development at the Ellendale Diamond Project, due to start in May. 

On-The-Air 29/03/2002

29th March 2002 SAfm anchor John Perlman: As always on a Friday at this time AMLive is joined by Martin Creamer, Publishing Editor of Engineering News and Mining Weekly. Martin, a very good morning to you, the mining industry, we generally talk about positive development, but they don’t have great... 

Empowerment deal breathes new life in gem dumps

By: Joanne Delaurentis     29th March 2002 Determined to extend the life of Kimberley diamond-mines well into the next century, South African diamond giant De Beers has sold its dormant Kamfersdam mine and tailings dumps to black-owned mining company New Diamond Corporation (NDC). 

Equipment suppliers face mounting competition

By: marisa rodrigues     22nd March 2002 Suppliers and contractors of mobile mining equipment are having to become increasingly competitive in order to secure orders and contracts, believes Bell Equipment marketing director: mining Terry Gillham. 

Ottowa talks fail to produce 'blood diamonds' deal

22nd March 2002 Government negotiators and diamond industry officials failed to agree on ways to curb trade in ‘blood diamonds’ that are mined in some of Africa's worst conflict zones, but said they had made great progress toward a deal. 

Governments meet to finalise gem certification

20th March 2002 Aid organisations called on governments from diamond-producing countries to finalise an agreement to end the trade in ‘blood diamonds’, used to fuel long-standing wars in Africa. 

Techno firm acquires rockdrill business

18th March 2002 Mining technology firm Boart Longyear has acquired the Swiss-based rockdrill division of SIG Produktionstechnik. 

Board head seeks to streamline gem trading regime

15th March 2002 The chairperson of the South African Diamond Board Abbey Chikane says that new challenges in relation to diamond trading are being dealt with by the Department of Minerals and Energy (DME), which are aimed at improving and streamlining the regulatory environment for the downstream diamond industry. 

Mining tech group is core to Anglo

15th March 2002 Natural-resources company Anglo American has formally declared that it would retain its mining-technology subsidiary, Boart International, as a core business. 

Platinum and diamond orders climb steadily

By: Zonika Botha     15th March 2002 One of the leading pinch-valve manufacturers in South Africa, Atval, of Gauteng, has established a significant foothold in the South African mining industry, sales manager Andy Cadman reports. 

Product polishes diamond-miner's network operations and upgrades

15th March 2002 In the ten months that marine diamond mining firm De Beers Marine has used NetIQ’s Operations Manager product to monitor its data networks, the company has substantially improved issues such as security and reporting while reducing downtime and maintenance requirements. 

Resources giant takes Canada gem mine underground

13th March 2002 In its first attempt at mining diamonds underground, the world’s biggest diversified miner, BHP Billiton, is taking Canada’s only producing diamond-mine Ekati from openpit to below ground in the frozen barrenlands of the country’s Northwest Territories. 

Canadian diamond prospect advances

By: Martin Zhuwakinyu     8th March 2002 Diamond-mining giant De Beers reports that its Snap Lake prospect, in Canada, is well on its way to becoming a mining project and could reach full production as early as 2005. 

Jewellery project roll-out in planning

By: Irma Venter     1st March 2002 As the pilot phase of the Kgabane jewellery project speeds towards its end, plans for a roll-out to the rest of the country are on the drawing board. 

Minister is to champion downstream beneficiation

By: Joanne Delaurentis     1st March 2002 During the Mining Summit, which took place in Pretoria towards the end of February 2000, the Minister of Minerals and Energy, Phumzile Mlambo Ngcuka used this platform to launch and champion beneficiation with a particular focus on jewellery. 

Diversity delivers for resources giant

By: Keith Campbell     1st March 2002 MULTINATIONAL mining and metals group BHP Billiton is benefitting from its diversified operations, as declining prices for some commodities are balanced by rising prices for others. 

Industrial-application research programme being intensified

By: Joanne Delaurentis     1st March 2002 The long-standing roles of gold as a store of value and in jewellery consumption has tended to overshadow the metal’s unique technological properties and, until a few years ago, there had been limited research into gold’s industrial applications. 

Mining firms monitoring Angola, DRC

27th February 2002 Windows of opportunity may be opening up in the mineral-rich African countries of Angola and the Democratic Republic of Congo (DRC) following the death of rebel leader Jonas Savimbi in Angola at the weekend and with Inter-Congolese talks set to begin in Sun City this week. 

Mine techno firm in US enviro deal

22nd February 2002 Mining equipment and technology provider, Boart Longyear has expanded its US-based environmental drilling business with the acquisition of DL Maher (DLM), a Massachusetts-based environmental and water development drilling contractor. 

Positive results for Namibian diamond prospect

By: Martin Zhuwakinyu     22nd February 2002 Canadian-listed marine-diamond explorer Afri-Can Marine Mining reports that its reconnaisance sampling programme off the Namibian coast has discovered a “significant number of diamonds”. 

On-The-Air 22/02/2002

22nd February 2002 SAfm anchor John Perlman: As always on a Friday at this time AMLive is joined by Martin Creamer, Publishing Editor of Engineering News and Mining Weekly. Martin, a very good morning to you, the mining industry, we generally talk about positive development, but they don’t have great... 

DR Congo mining code by Sept

18th February 2002 The Democratic Republic of Congo said on Thursday a new mining code offering lower taxes and other incentives to foreign companies eyeing the country's mineral riches could take effect as early as September. 

Global downturn hits gem leader

18th February 2002 The world's biggest diamond producer, De Beers, said on Friday its profit halved in 2001 as the global economic downturn slashed rough diamond sales, but said the market started 2002 in a more optimistic mood. 

First walking sea-mining platform by mid-year

15th February 2002 The West Coast of Africa is an area of growing activity for diamond companies, which have mined a total of 100-million carats of marine diamonds from it to date. 

Kimberley recovery plant on track for July

15th February 2002 Construction is on schedule and on target at the new Kimberley Mines diamond recovery plant, with the principal civil works having been completed. It is expected that the plant will be fully operational by July. 

Only stability will spur African mining investment

14th February 2002 African countries seeking to lure foreign mining companies to their mineral-rich but impoverished continent heard a familiar message – stop the wars, ensure stability and the dollars will come. 

Gem exploration pact signed

8th February 2002 Diamond giant De Beers has signed heads of agreements on a joint venture with black-economic empowerment company, Mvelephanda, to undertake exploration work for new world-class diamond deposits in South Africa. 

Diamond Board chairperson appointed

8th February 2002 Along with the announcement of the new board members for the South African Diamond Board, the Minister of Minerals and Energy Phumzile Mlambo-Ngcuka has confirmed the appointment of Abbey Chikane as chairperson for the next five years or until the board is abolished in terms of the proposed... 

Illicit coltan making electronics firms nervous

6th February 2002 The Democratic Republic of the Congo is home to about half the world’s known reserves of a rare metal ore called columbite-tantalite, or coltan for short. 

Canadian gem exploration renaissance

31st January 2002 Miners are rushing to stake claims in the frozen terrain of northern Quebec and Nunavut after Ashton Mining re-energised Canada’s diamond sector with new discoveries there, analysts and producers said. 

Pretoria jewellery workshop initiated

29th January 2002 The Minister of Minerals and Energy, Phumzile Mlambo-Ngcuka has initiated an African jewellery-making and craft workshop at the Council for Scientific and Industrial Research (CSIR), which is based near Lynwood, in Pretoria. 

Engineering contractor to reap rewards in 2002

By: Joanne Delaurentis     25th January 2002 Last year was a difficult one for engineering contractor Bateman in the minerals and metals sector despite securing a number of large projects for the future, says chief executive Dr John Herselman. 

Mapping Africa's mines and minerals: is the Dark Continent seeing the light?

25th January 2002 Africa possesses enormous mineral wealth: 99% of the world's chrome reserves, 85% of platinum reserves, 70% of tantalite reserves, 68% of cobalt and 54% of gold. 

On-The-Air 25/01/2002

25th January 2002 SAfm anchor John Perlman: As always on a Friday at this time we engage in some TechnoTalk with Martin Creamer, Publishing Editor of Engineering News and Mining Weekly. Martin, a very good morning to you. We have heard about incubators as a way of getting business going before, I believe you have... 

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