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UK firm's glittering prospects

By: vanessa vasques     14th June 2002 UK-based international diamond mining and exploration company Firestone Diamonds is optimistic about its current exploration projects and is anticipating adding new projects to its portfolio in the future. 

Exploration firm stays focused on SA

By: Zonika Botha     14th June 2002 Diamond exploration is a highly specialised business. 

Black mining force on growth path

11th June 2002 The first empowerment company to list in the resources sector of the JSE Securities Exchange South Africa (JSE), Mvelaphanda Resources, posted its interim results for the six months ended March 2002. 

First walking gem-mining platform by August

7th June 2002 Seawalker, an eight-legged self-contained walking jack-up platform, will be shipped to South Africa in August this year to dredge and mine diamonds in the notorious West Coast surf. 

A US view on SA's mining law revamp

6th June 2002 After more than a year of painstaking revision and top-level deliberation, the government here is about to alter the balance of power in the country’s mining industry. 

Belgium snubs Kimberley diamond rules

4th June 2002 Belgium has said it will not loosen its stringent import control system to comply with the so-called Kimberley international guidelines aimed at curbing the illicit trade in diamonds. 

Mining in Africa's renaissance plan

By: Irma Venter     3rd June 2002 The question of whether the exploitation of Africa's mineral riches benefits Africans has been asked for decades. 

First diamonds recovered from new Kimberley plant

3rd June 2002 Twenty-five diamonds have been recovered from the new De Beers Kimberley Mines Combined Treatment Plant (CTP). 

UN says DRC villagers abused in quest for minerals

3rd June 2002 Armies, militia and crime syndicates are wreaking havoc on Congo villagers in their unabated quest to plunder the central African nation's mineral wealth, stated a new UN report. 

Gem junior lifts earnings

3rd June 2002 Mining and exploration company Thabex Exploration announced their improved annual results with revenue sharply increasing from R247 000 to R4,024-million, the company reported a net operating income of R2,587-million, an improved turnaround from the previously recorded loss of R1,123-million... 

The state of State diamonds

31st May 2002 Ailing State diamond-mining company Alexkor does not conjure up the image of a jewel, but this is how Department of Public Enterprises chief director: restructuring of state owned enterprises Andile Nkuhlu describes the mine, which is situated below the mouth of the Orange river, in the Northern... 

Mining in Africa's renaissance plan

By: Irma Venter     31st May 2002 The question whether the exploitation of Africa’s mineral riches benefit Africans has been asked for decades. 

The state of State diamonds

31st May 2002 Ailing State diamond-mining company Alexkor does not conjure up the image of a jewel, but this is how Department of Public Enterprises chief director: restructuring of state owned enterprises Andile Nkuhlu describes the mine, which is situated below the mouth of the Orange river, in the Northern... 

Diamond manufacturers in the rough

By: candice haase     31st May 2002 The Valani Project, an entrepreneurial development programme created by the Harry Oppenheimer Diamond School, is incubating 11 potential manufacturers at the moment. 

Charter to change mining sector ownership face

24th May 2002 In what is probably the strongest statement by government on black ownership in the mining sector to date, Minerals and Energy Minister Phumzile Mlambo-Ngcuka said in her Budget Vote on Tuesday that government would not compromise with, among other things, a significant change in ownership... 

Sierra Leone suspects huge diamond is in Israel

22nd May 2002 Sierra Leone’s government suspects a huge diamond has been smuggled out of the West African country to Belgium and on to Israel, the State buying office said. 

Charter to change mining sector ownership face

9th May 2002 In what is probably the strongest statement by government on black ownership in the mining sector to date, Minerals and Energy Minister Phumzile Mlambo-Ngcuka says government would insist on a significant change in the ownership profile of the industry. 

Scorpions in minerals office sting

7th May 2002 South Africa’s elite Scorpions police unit said they had raided Department of Minerals and Energy Affairs offices to probe allegations of corruption, and diamonds formed a key part of the investigation. 

Report of 'monster' diamond find in Sierra Leone

29th April 2002 Sierra Leone has put border guards on alert after hearing rumours that a massive diamond was unearthed this week and that dealers may smuggle it out of the country, senior government officials said. 

Merger mania expected to drive resources

By: Irma Venter     26th April 2002 At the launch of Ernst & Young’s mergers and acquisitions review for 2001 earlier this month, AngloGold financial director Jonathan Best said that global mergers and acquisitions will definitely continue to grow in the resources industry, with much rationalisation expected. 

Sierra Leone in 20-fold gem export surge

25th April 2002 Sierra Leone’s diamond income shot up more than 20-fold between 1999 and 2001 and is set to keep growing thanks to export controls and the end of a brutal civil war, Mines Minister Mohamed Deen said. 

Gem junior in bulk testing programme

19th April 2002 Gem junior Namakwa Diamond is set to start a landmark bulk sampling program leading to resource and grade information on its West Coast diamond project in South Africa following completion of its processing facility. 

Bill to give smaller miners a foot in the door

By: candice haase     19th April 2002 The liberalisation of South Africa’s mining rights through the Mineral and Petroleum Resources Development Bill has created a space for the emergence of such medium-scale mining outfits as New Diamond Corporation (NDC). 

SA gem group exits Canadian subsidiary

16th April 2002 Diamond firm Trans Hex Group (THG) has reached a negotiated solution with minority shareholders of its 73%-held Canadian-listed subsidiary Trans Hex International (THI) that will officially terminate THG’s Toronto-based presence. 

Russian gem deal: A lesson for SA?

15th April 2002 In December last year Sergei Broukovsky gave up on his diamond-cutting business in Johannesburg and returned to his native Russia. 

War-time mining contracts face scrutiny in DRC

12th April 2002 Congo’s government, rebel groups and opposition parties have called for a review of lucrative mining deals and other contracts signed after the mineral-rich African country was plunged into war six years ago. 

Still big scope for mining empowerment

12th April 2002 THERE is scope for many more empowerment transactions in the resources sector. 

Russia gem deal a lesson for SA?

By: Irma Venter     12th April 2002 In December last year Sergei Broukovsky gave up on his diamond cutting business in Johannesburg and returned to his native Russia. 

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. 

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