Gem Diamonds puts sparkle back in Australia’s Ellendale mine

Diamond producer Gem Diamonds said on Thursday that it had lifted production at two plants at the Ellendale mine by 58% in June, compared to when it bid for Kimberley Diamond Company, the previous owner, the same month the year before. June...

Cape Diamonds agrees to buy SA gem producer

London-based Cape Diamonds, which mines diamonds near Kimberley in South Africa’s Northern Cape province, announced on Friday that it had agreed to buy junior KMG Diamond Resources SA in an all-scrip deal. KMG operated two diamond mines in...

African Diamonds says AK6 on target for production by end ‘09

Botswana-focused gem hunter African Diamonds, which has partnerships with global-leader De Beers, said on Thursday that it had approval from authorities for water, power, land and social matters for its AK6 project, and it had started detailed...

London-listed Free State diamond miner to produce year ahead of plan

Aim-listed gem producer DiamondCorp said on Tuesday that it would bring the second phase of underground production at its Lace mine in the Free State into production in the second half of 2008, one year ahead of plans.

Eurasian Natural Resources considers merger with Kazakhmys

LSE-listed Eurasian Natural Resources, which mines and processes ferroalloys, iron ore, bauxite and manganese in Kazakhstan, may offer to buy rival Kazakhmys, the company said on Wednesday.

Gem junior accelerates Free State project

Aim-listed gem producer DiamondCorp said on Tuesday that it would bring the second phase of underground production at its Lace mine in the Free State into production in the second half of 2008, one year ahead of plans. The company said that the...

Petra interim output up, boosted by Koffiefontein

Aim-listed gem-miner Petra Diamonds in the half-year ended December lifted its production by 17% to 101 ct, with revenue shooting up 286% to $31,7-million, compared with the corresponding period in 2006, it said on Thursday.

GMA expects first gold from Algerian project this month

Aim-listed mining junior GMA Resources said on Monday that it had begun leaching operations at its Algerian Amesmessa gold mine, and that first commercial production of the yellow metal was on track for the second quarter of 2008.

BHP must make formal Rio Tinto offer by Feb 6

The world's biggest miner, BHP Billiton, must make a formal offer for rival Rio Tinto by February 6, or walk away for six months, the UK's Takeover Panel ruled on Friday. Rio said on December 11 that it had applied to the Takeover Panel...

Thistle shareholders give green light for President Steyn sale

Aim-listed Thistle Mining's shareholders have given the go-ahead for its sale of the struggling President Steyn gold mine, located in the Free State, to JSE-listed Pamodzi Gold, and it hoped the deal would now be sealed before the February 1...

KimCor commissions Bellsbank diamond plant in SA

KimCor Diamonds Plc, a London-based company that recovers diamonds from mine waste in South Africa, said it started production at the Bellsbank plant.

Chromex Mining shares start trading on London's Aim exchange

Shares of Chromex Mining Plc, which is exploring for chrome in South Africa, will begin trading on London's Alternative Investment Market on Thursday after an 870 000-pound ($1,64-million) stock sale.