R/€ = 16.62 Change: -0.04
R/$ = 13.72 Change: -0.11
Au 1877.34 $/oz Change: 0.17
Pt 1151.00 $/oz Change: 10.00


Diamond mine reduces on-site fuel consumption

By: Anine Kilian     13th December 2013 Diamond producer De Beers South Africa, which is 85%-owned by British mining major Anglo American, achieved a 6% reduction in fuel consumption this year at its Limpopo-based opencast Venetia diamond mine, owing to the use of lighter-weight bowls in its mining trucks. Speaking at the launch of the... 

De Beers’ R20bn investment to increase workforce at Venetia by 3 000

By: Anine Kilian     13th December 2013 South Africa’s largest diamond producer, the opencast Venetia operation, in Limpopo, will increase its workforce by 3 000 employees in the next seven years, owing to owner De Beers South Africa’s R20-billion investment, announced in October. The investment will be used to extend the life of the... 

Venetia retains environmental compliance through self-regulation

By: Anine Kilian     13th December 2013 Diamond producer De Beers’ Limpopo-based Venetia mine has retained its ISO 14001 environmental certificate after the Venetia Limpopo Nature Reserve, which forms part of the Mapungubwe National Park, was audited in June. Venetia mine environmental manager Gavin Anderson states that Venetia has... 

Conflict diamonds a challenge in Africa

By: Anine Kilian     7th June 2013 Conflict diamonds are still a major issue in Africa, particularly in Côte d’Ivoire, the Central African Republic and Zimbabwe, says Global Witness diamond campaigner Emily Armistead. “In Côte d’Ivoire the [diamond] trade is currently illegal. However, for diamonds from Zimbabwe, which is... 

Diamond-cutting and -polishing industry in distress

By: Anine Kilian     7th June 2013 The South African diamond cutting and polishing industry is in distress, states World Federation of Diamond Bourses president Ernie Blom, pointing out that 20 years ago, the industry had 4 500 polishers; currently, there are fewer than 600. Blom notes that to bring the industry back to its former... 

Sensor-based rock sorting alleviates challenges

By: Anine Kilian     7th June 2013 Recent advances in the automated sensor-based sorting set of technologies enable diamond producers to enjoy the environmental and economic advantages that are becoming increasingly helpful in a harsh economic climate. Sensor-based sorting is a rock-by-rock analysis system that scans each... 

Investment diamond industry growing

By: Anine Kilian     7th June 2013 Investment diamonds are the most stable commodity in South Africa, states bespoke jewellery store Platandia director Rob Burton, adding that investment diamonds withstood the 2008 economic downturn and are a good currency hedge. Burton notes that the price of investment diamonds, which are each... 

Alluvial diamond mining not as risky as industry believes

By: Yolandi Booyens     8th June 2012 There is a false perception in the marketplace and among investors that it is risky to invest in alluvial diamond mining companies, as the exact location of alluvial diamond deposits cannot be determined before extraction, says alluvial diamond mining company Rockwell Diamonds CEO James Campbell. 

Diamonds boost company’s sales into Africa

By: Yolandi Booyens     8th June 2012 An increase in global demand for diamonds is one of the reasons behind local crushing and screening specialist Pilot Crushtec’s expansion into Africa despite spiralling mining costs.  

Synthetic diamonds do not pose a significant threat

By: Yolandi Booyens     8th June 2012 Synthetic diamonds do not pose a serious threat to South Africa’s diamond industry owing to the value placed on natural stones and the common public misconception that synthetic diamonds such as Cubic Zirconia and Moissanite are fake. says diamond and gemstone grading and certification laboratory... 

We wish the Kimberley Process well – Global Witness

By: Yolandi Booyens     8th June 2012 International nongovernmental organisation (NGO) Global Witness in December last year announced its departure from the Kimberley Process Certification Scheme (KP) and reveals to Mining Weekly that it does not believe the right questions were asked when clearance from the scheme was awarded to... 

South Africa’s diamond industry no longer sparkling 

By: Yolandi Booyens     8th June 2012 The South African diamond industry faces serious challenges upstream and downstream, where job creation, wealth creation and the beneficiation of raw diamonds are not concerns for regulatory authorities, says diamond polishing company African Romance CEO Mohseen Moosa. 

First diamonds from new processing plant

8th June 2012 First diamonds have been recovered from diamond company Octéa’s Koidu diamond mine expansion project in Sierra Leone, during the commissioning stage of the new 180 t/h processing plant. 

Production at diamond mine unaffected by $3-billion project

By: Natalie Greve     9th December 2011 Jwaneng, one of the world’s most profitable diamond mines, has continued to operate at full capacity as it nears the end of ongoing construction, infrastructure and demolition activities aimed at expanding the operation and accessing 91-million tons of ore that will yield about 102-million carats... 

Botswana diamond mine expansion due for completion in March 2012

By: Natalie Greve     9th December 2011 Phase 3, the final stage of the Jwaneng Cut-8 expansion project in Botswana, is progressing on schedule and is due for completion in March 2012, says Debswana deputy MD Steve Axcell. 

African partnership driving development forward

By: Natalie Greve     9th December 2011 The Debswana-owned Jwaneng diamond mine will be entering its thirtieth year of operation in 2012. 

Dust suppression treatment installation nearing completion

By: Natalie Greve     9th December 2011 Dust management technology provider Benmarc’s chemical treatment system for dust suppression at the Cut 8 expansion project at opencast diamond mine Jwaneng, in Botswana, is in the final stage of its commissioning process. 

Diamond mining and exploration company complete first 2011 diamond sale

3rd June 2011 Diamond mining and exploration company Firestone Diamonds has completed its first 2011 diamond sale from its Liqhobong mine, in Lesotho, and its BK11 mine, in Botswana. 

Namibian diamond miner aims for new deposits

3rd June 2011 Namibian diamond miner Namdeb Diamond Corporation aims to develop new diamond deposits through its Project 2050, the company reports. 

SA engineering firm designs largest fleet workshop in Africa

By: Jessica Hannah     3rd June 2011 Engineering project house Bateman Engineering has designed the largest fleet workshop in Africa, for the Botswana government’s and diamond major De Beers’ jointly-owned Debswana, Jwaneng diamond mine’s Cut 8 expansion project, in Botswana. 

Government cooperation in diamond mining changing

3rd June 2011 Government cooperation with the private sector in diamond mining is changing as it becomes aware of the challenges facing the industry, says diamond dealer and manufacturer Ernest Blom Diamonds owner, honorary life president of the World Federation of Diamond Bourses and chairperson of the... 

Diamond miner starts phase one of diamond mine, Botswana 

By: Jessica Hannah     3rd June 2011 London-listed Gem Diamonds started phase one of the construction of its Gope diamond project, in Botswana, in May. 

Diamond exploration company starts reconnaissance programme in Cameroon

3rd June 2011 Diamond exploration and project development company Botswana Diamonds (BOD) has started a reconnaissance exploration programme on its diamond exploration licence in eastern Cameroon, in April. 

Diamond demand overtaking diamond supply

By: Jessica Hannah     3rd June 2011 Demand for diamonds is overtaking supply, as the number of low-grade orebodies increase, and diamond-mining group Petra Diamonds CEO Johan Dippenaar believes that, as a result, supply will become more difficult to maintain at historic volumes. 

Diamonds leading the way to a new national prosperity 

3rd June 2011 The advent of diamond mining kimberlite pipes in Sierra Leone’s interior holds the promise of helping to deliver a new era of economic prosperity to a country that has now fully shaken off the impact of civil war, says diamond mining company Koidu Holdings Societe Anonyme CEO Jan Joubert. 

Diamond miner’s feasibility study nearly one-third complete

By: Jessica Hannah     3rd June 2011 Diamond miner De Beers Consolidated Mines (DBCM) reports it is one-third complete with its feasibility study for the R10-billion underground expansion of its Venetia mine, in Limpopo. 

Diamond industry 
offers advanced 
technology for 

By: Henry Lazenby     4th June 2010 The research and development (R&D) arm of diamond giant De Beers, DebTech, says that it is ready to make its body scanning technology available to the market, as airports step up security following an attempted terrorist attack in December 2009, in the US. 

Diamond markets show signs of recovery

By: Henry Lazenby     4th June 2010 Diamond-mining giant De Beers international rough diamond trader Diamdel witnessed a strong surge in demand during its first-quarter (Q1) sales activities. Small and medium-scale specialist diamond goods manufacturers primarily drove the strong demand. 

despite improving diamond market

By: Henry Lazenby     4th June 2010 South African trade union Solidarity says that diamond producer De Beers Consolidated Mines (DBCM) plans to retrench 40% of its workers at its Northern Cape Finsch mine, citing the weakening price of diamonds as one of the reasons. 

Consumers keen to buy created diamonds

By: Henry Lazenby     4th June 2010 A study by market research group MVI Marketing’s consumer research division, the Jewelry Consumer Opinion Council (JCOC), points to US consumers becoming increasingly aware of the negative issues involved in mined diamonds and, as a result, keener to opt for created diamond alternatives. 

Cautious optimism as diamond market strengthens

By: Henry Lazenby     4th June 2010 The yearly operating and financial review of diamond-mining group De Beers reveals that 2009 was a difficult year. The economic fallout that followed the near collapse of the global financial system in the fourth quarter of 2008, shaped it externally and internally by the proactive measures the... 

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