A brief history of the Koffiefontein diamond mine

In the last of the series of articles on the history of early diamond mining, I thought it appropriate to end this particular section of South Africa’s mining narrative with a brief history of the Koffiefontein diamond mine as it belongs to the...

Petra Diamonds increases stake in Koffiefontein to 74%

London-listed Petra Diamonds said it had increased its stake in the Koffiefontein mine in South Africa’s Free State province to 74%, from 70%. Petra acquired the additional 4% interest from the shareholders of Re-Teng Diamonds, its...

Petra boosts diamond output, sees 'strong' market recovery

JSE- and Aim-listed Petra Diamonds' production increased by 6% to 1,16-million carats in the year ended June 30, 2010, compared with the 1,09-million carats produced the year before. Diamond sales were up by 11% to 1,13-million carats, compared...

Petra sets 2019 production target of 3m carats

Africa-focused diamond-miner Petra Diamonds would expand its production to more than three-million carats a year by 2019, while it remained on track to achieve its targeted output of 1,2-million carats for the 2010 financial year. "Petra has...

Daily podcast – January 6, 2010

Underground activities at Petra Diamonds' Koffiefontein mine resume; and NovaGold will publish a new mine plan for its 50%-owned Galore Creek project in the first quarter of this year.

Petra resumes underground mining at Free State mine

Underground activities at JSE-and Aim-listed Petra Diamonds’ Koffiefontein mine, in South Africa’s Free State province resumed on Wednesday morning. Work was suspended on January 3, after an employee was killed in an equipment-related...

Underground mining at Petra’s Koffiefontein halted after fatality

Underground activities at JSE-and LSE-listed Petra Diamonds’ Koffiefontein mine, in South Africa’s Free State province, have been suspended following the death of an employee at the weekend. The company on Tuesday reported that an employee...

Petra’s 2008/9 production increases fivefold to over 1m ct

Africa-focused diamond-miner Petra Diamonds has achieved its stated objective of increasing the company’s yearly production to over one-million carats, with output for the year ended June 2009, recording a five-fold increase over the previous...

Trans Hex still in talks to buy DBCM’s Namaqualand

South African diamond producer Trans Hex on Monday confirmed that negotiations were still ongoing with mining giant De Beers Consolidated Mines (DBCM) regarding the company’s Namaqualand operations. Trans Hex announced in September that it was...

Petra’s 2008 performance boosted by Koffiefontein turnaround

Aim-listed Petra Diamonds’ 2008 financial year was its most successful thus far, with the group recording substantial revenue and margin growth against the backdrop of a series of landmark acquisitions. The miner swung to a $1,9-million profit...

Trollope Mining Services

Johannesburg company Trollope Mining Services provides surface mining expertise and services to the mining industry. These include opencast mining, rehabilitation, bulk earthworks, plant hire and road construction.

Angolan promise winks at diamond producer

Diamond mining group Petra Diamonds announced in May that it would assume control of the Alto Cuilo and Luange exploration projects in Angola.