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Gem recovers 115 ct diamond at Letšeng

     19th September 2017 LSE-listed Gem Diamonds has recovered a high-quality 115 ct, D colour Type IIa diamond from its Letšeng mine, in Lesotho.   This follows the recovery of five other diamonds of over 100 ct so far this year from the mine. 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

By: Ilan Solomons     15th September 2017 The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue for the remainder of the year. These gems include the 114.38 ct Type II, the 126 ct D-colour Type IIa... 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

By: Ilan Solomons     15th September 2017 The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue for the remainder of the year. These gems include the 114.38 ct Type II, 126 ct D-colour Type IIa,... 

Hencon Vacuum Technologies

     29th August 2017 Gauteng-based Hencon Vacuum Technologies, a specialist company in the Hencon Group, is one of the leading companies in the design, manufacture, supply and support ... 

Namibia black-ownership plan risks repeating South Africa's errors

By: Bloomberg     29th August 2017 A plan by Namibia, among the world’s most economically unequal nations, to better distribute wealth among its citizens may end up the way neighbouring South Africa’s has – benefiting an elite minority. The nation is working on a law that will require all businesses to be at least a quarter owned... 

Himoinsa

By: Zandile Mavuso     22nd August 2017 As a global corporation that designs, manufactures and distributes power generation equipment globally, Himoinsa adds incomparable application and engineering know-how, excellent design and service capabilities, delivering value beyond the equipment it produces. 

Firestone Diamonds revises FY18 guidance downwards

By: Natasha Odendaal     8th August 2017 Aim-listed Firestone Diamonds’ Liqhobong diamond mine, in Lesotho, is now expected to produce between 800 000 ct and 850 000 ct in the 2018 financial year. This is lower than the one-million carats previously targeted and is expected to impact revenues in the financial year to June 30, 2018. 

Gem encouraged by recovery of more 100 ct-plus diamonds at Letšeng

By: Creamer Media Reporter      25th July 2017 London-listed Gem Diamonds is encouraged by the improvement in the recovery of diamonds larger than 100 ct at its Letšeng mine, in Lesotho, during the first half of this year. It recovered four diamonds larger than 100 ct in the six months to June 30, and another in July. 

Demand for African resources, but common codes needed

By: Simone Liedtke     14th July 2017 African mining has entered into the new up-cycle for commodities, which is fuelled by the economic growth profile in the eastern hemisphere – which includes China, Mongolia and the Pacific rim region, as well as the global uncertainty over the value of and the sustained availability of ‘cash-money’. 

On-The-Air (07/07/2017) 

By: Martin Creamer     7th July 2017 The supply of more water from Lesotho to Gauteng has been given a wonderful thumbs-up; Violent protest brought the coal line to a screeching halt this week, dealing a blow to the economy; and The high winter electricity tariff should be cut so that closed furnaces can reopen and return lost jobs. 

New mobile screen launched in S Africa

By: Victor Moolman     7th July 2017 Mobile crushing and screening equipment supplier Kleemann, part of international specialist construction equipment manufacturer Wirtgen, has launched the Mobiscreen MS 703 EVO, which is capable of processing 350 t/h, in South Africa. 

Gem Diamonds recovers 126 ct diamond from Letšeng

By: Natasha Odendaal     6th July 2017 LSE-listed Gem Diamonds on Thursday unveiled its latest recovery from its Letšeng mine, in Lesotho – a high-quality 126 ct, D-colour Type IIa diamond. This followed the recovery of a high-quality 104.73 ct D-colour Type IIa diamond and a 151.52 ct Type I yellow diamond in June, an exceptional... 

Mining Indaba offering new junior zone, boosting interface opportunities 

By: Martin Creamer     4th July 2017 Strong new thrusts are planned for next year’s Investing in African Mining Indaba, which is scheduled to take place at the Cape Town International Convention Centre from February 5 to 8, once again to support investment in mining companies operating in Africa and to provide an effective platform... 

Much progress in mineworker housing delivery but more needs to be done 

By: Ilan Solomons     23rd June 2017 Many migrant employees do not want to permanently settle in mining towns, but prefer to maintain their homes in the rural areas and return to them, says the Chamber of Mines (CoM) of South Africa, citing its research and experience in the industry. “Providing permanent urban dwellings, as well as... 

Much progress in mineworker housing delivery but more needs to be done

By: Ilan Solomons     23rd June 2017 Many migrant employees do not want to permanently move to mining towns, but prefer to maintain and return to their homes in rural areas, says the Chamber of Mines (CoM) of South Africa, citing its research and experience in the industry. “Providing permanent urban dwellings, as well as urban home... 

Firestone increases guidance as Liqhobong throughput rises

By: Megan van Wyngaardt     22nd June 2017 Firestone Diamonds now expects to recover around 360 000 ct of diamonds in the financial year ending June 30, against April’s guidance of 300 000 ct, owing to operational ramp-up at its Liqhobong mine, in Lesotho, achieving nameplate throughput capacity on multiple occasions since the start of... 

Gem Diamonds recovers two 100 ct plus diamonds from Letšeng

By: Creamer Media Reporter      12th June 2017 LSE-listed Gem Diamonds has recovered a high-quality 104.73 ct D-colour type IIa diamond and a 151.52 ct type I yellow diamond from it Letšeng diamond mine, in Lesotho. This followed the recovery of an exceptional 80.58 ct D-colour type IIa diamond in May, as well as the 98.42 ct and 114 ct... 

Africa ramping up diamond exploration

By: Robyn Wilkinson     9th June 2017 As exploration activity in the African diamond mining industry resurges in expectation of a supply shortfall in the next five to eight years, mining consultant The MSA Group is preparing its facilities to meet a growth in demand for its services. 

Lucapa secures A$19m to pay for Lesotho mine, advance Phase 1 development

By: Esmarie Swanepoel     26th May 2017 Diamond miner Lucapa Diamond Company has secured A$19-million in capital to fund the acquisition and development of the Mothae kimberlite diamond project, in Lesotho. The ASX-listed miner said on Friday that the funding package included a A$9.2-million underwriting agreement with Westar Capital... 

Gem Diamonds recovers 98 ct diamond at Letšeng

By: Megan van Wyngaardt     23rd May 2017 LSE-listed Gem Diamonds on Tuesday reported recovering a 98.42 ct high-quality D-colour Type II diamond at its 70%-owned Letšeng mine, in Lesotho. CEO Clifford Elphick commented that it had recovered 25 479 ct of diamonds at Letšeng at a grade of 1.53 carats per hundred tonnes (cpht), against an... 

Authorities 'rely heavily' on info from illegal miners after gas explosion

By: News24Wire      19th May 2017 Authorities say they have relied heavily on the information from illegal miners at Harmony Gold’s Eland mine in Welkom, Free State, after a gas explosion on Thursday last week. Major General Lerato Molale said on Friday that the search was still continuing. 

Search continues for more illegal miners trapped at Welkom mine

By: News24Wire      18th May 2017 The search for the bodies of more illegal miners is continuing at Harmony Gold’s Eland mine in Welkom, Free State, after a gas explosion on Thursday last week. Major General Lerato Molale said on Thursday that police believed there were more miners underground. 

Dust-suppression specialist geared for growth in Africa

By: Simone Liedtke     12th May 2017 Environmental management company I-CAT Environmental Solutions continues to grow its market share in dust-suppression management and solutions, and intends to increase its market share in Africa this year. 

Gem Diamonds recovers 80 ct diamond from Letšeng

By: Natasha Odendaal     4th May 2017 London-listed Gem Diamonds has recovered a high-quality 80 ct, D colour Type II diamond at its Letšeng mine, in Lesotho. This follows less than a month after the April 7 recovery of a 114 ct diamond from the mine. 

Firestone plant upgrades yielding expected improvements as ramp-up accelerates

By: Schalk Burger     26th April 2017 Commissioning activities at Aim-listed Southern African diamond miner Firestone Diamonds’ Liqhobong mine, in Lesotho, are largely complete and final ramp-up of the Lesotho plant is progressing as planned. “The final commissioning phase has seen the mine achieve nameplate capacity on numerous... 

Lesotho diamond mine poised to start commercial production in June

By: Mia Breytenbach     14th April 2017 Aim-listed diamond development company Firestone Diamonds expects its Liqhobong diamond mine, in Lesotho, to reach commercial production at the end of June. Commissioning of the mine started in October 2016, with mine construction completed on time and within the $185.4-million budget. In a... 

Gem recovers 114 ct diamond

By: Megan van Wyngaardt     7th April 2017 Gem Diamonds has recovered a 114 ct, D colour type II diamond of exceptional quality from its Letšeng mine, in Lesotho. The Letšeng mine is known for producing large, top colour, exceptional white diamonds, making it the highest dollar-per-carat kimberlite diamond mine in the world. 

Firestone Diamonds recovers 110 ct yellow diamond from Liqhobong

By: Natasha Odendaal     5th April 2017 Aim-listed Firestone Diamonds has recovered a 110 ct gem-quality light yellow diamond – its largest diamond recovered to date – from the Liqhobong mine, in Lesotho. The discovery was made during the mine’s ongoing ramp-up. 

Firestone narrows H1 loss, says Liqhobong on track for commercial production in June

By: Mia Breytenbach     28th March 2017 Aim-listed Firestone Diamonds, which on Tuesday posted a $4.1-million loss before tax for the six months to December 31, expects its Liqhobong diamond mine, in Lesotho, to reach commercial production at the end of June. Commissioning of the mine started in October 2016, with the mine construction... 

Lucapa announces maiden Mothae resource estimate

By: Henry Lazenby     25th March 2017 ASX-listed Lucapa Diamonds has published a maiden Joint Ore Reserves Committee-compliant resource estimate for the Mothae kimberlite pipe, in Lesotho. The Mothae project is located about 5 km from Gem Diamonds’ Letšeng mine. 

Slow progress in payouts to former miners – Oliphant

By: African News Agency      24th March 2017 Deputy Mineral Resources Minister Godfrey Oliphant on Thursday conceded that efforts to reach out and compensate former mineworkers, many of whom from neighbouring countries, have not been satisfactory. In his keynote address at the Southern Africa Trust summit on social security and compensation... 

‘Barometer’ provides assessment of mineral resources industry transparency

By: Ilan Solomons     24th March 2017 Governments are challenged with creating new approaches to governance that enable them to better exploit the developmental potential provided by mineral resources. It is therefore imperative that countries establish regulatory frameworks and State capacity to ensure that mining activities are... 

Lulo delivers payday for Lucapa

By: Esmarie Swanepoel     8th March 2017 Diamond miner Lucapa Diamond Company will receive A$7.3-million ($5.6-million) in funds from its Lulo diamond mine, in Angola, under the terms of an alluvial mining investment with project partners Empresa Nacional de Diamantes and Rosas & Petalas. The board of the Lulo operation declared an... 

Firestone hosts successful first sale of Liqhobong diamonds

By: Megan van Wyngaardt     13th February 2017 All 75 936 ct on offer at Aim-listed Firestone Diamonds’ first sale of diamonds recovered from its Liqhobong diamond mine, in Lesotho, have been sold. The sale was held in Antwerp between February 6 and 10, with the company raking in $8.14-million, or an average of $107/ct. Over 90 companies... 

A ‘lean, mean’ structure and less burdensome laws key to successful mining of Middle Orange River diamond deposits

By: Ilan Solomons     10th February 2017 The Middle Orange River (MOR) alluvial diamond deposits between Hopetown, Douglas and Prieska, along with deposits along the Riet and Vaal rivers, in the Northern Cape, represent three unique sinks or repositories of high-quality gem diamonds, says independent diamond consultant Dr John Bristow.... 

Mining-related unclaimed benefits funds pay out R60m as tracing efforts intensify

By: Dylan Slater     10th February 2017 The Mines 1970 Unclaimed Benefits Preservation Pension and Provident Funds (Mines 1970s Funds) has, in the past 25 months, improved their combined tracing rate to identify 62% of the total number of missing beneficiaries.  

Mining Indaba remains pivotal to Africa

By: Ilan Solomons     3rd February 2017 The mineral resources sector remains “critically important” to the African continent, which is why the Investing in African Mining Indaba has consistently been regarded as an event of “paramount significance”, says Mining Indaba MD Alex Grose. This is also a key motivation for the at least 24... 

Former mineworkers paid more than R60m by unclaimed benefits funds

By: African News Agency      31st January 2017 Thousands of former mineworkers have been paid more than R60-million in unclaimed benefits over a two-year period to date, the Mines 1970 Unclaimed Benefits Preservation Pension and Provident Funds said this week. This comes after the Mines 1970 Unclaimed Benefits Preservation Pension and... 

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