https://www.miningweekly.com
R/€ = 16.93 Change: 0.01
R/$ = 16.60 Change: 0.01
Au 1784.50 $/oz Change: 7.25
Pt 941.00 $/oz Change: 6.50
 

Diamonds News

Diamond discussions down under

21st November 2003 The world’s diamond industry will be convergin on Perth, in western Australia, on December 1 and 2 to attend this year’s World Diamond Conference. 

Canadian miner enters into diamond property option

21st November 2003 Canada’s Rockwell Ventures has announced that its has entered into a property option agreement with GMD Resource Corporation to acquire up to a 60% interest in the Royce Diamond Claims. 

Legal fees cut into DFI’s 2003 earnings

18th November 2003 Canadian gem-miner Diamond Fields International (DFI) reported revenues of $1,9-million for the year ending June, compared with revenues of $2,9-million in 2002. 

‘Yellow synthetic gems pose no risk to the real thing’

By: Deborah Spicer     14th November 2003 Synthetic diamonds will eventually coexist alongside mined diamonds in the same way that other diamond-like substances coexist with mined diamonds at present, De Beers’ Jonathan Oppenheimer stated at The South African Institute of Mining and Metallurgy colloquium held in Johannesburg late... 

Large rises in gem output from small mines to be scrutinised

By: Deborah Spicer     14th November 2003 Local diamond-mines which suddenly begin selling large quantities of diamonds will be monitored as part of a process to ensure that mines are not selling diamonds sourced from neighbouring countries or conflict areas, in which diamonds are used routinely to finance wars. 

Cullinan Diamond Mine, South Africa

14th November 2003 Cullinan 

Threat of closure looms at Limpopo gem mine

By: Martin Zhuwakinyu     10th November 2003 The threat of a temporary but potentially lengthy closure loomed large last week over SouthernEra’s 50%-owned Klipspringer diamond-mine, in Limpopo, with a senior executive confirming to Mining Weekly that operations may have to be suspended because of losses induced by the strong rand,... 

Threat of closure looms at Limpopo gem mine

By: Martin Zhuwakinyu     7th November 2003 The threat of a temporary but potentially lengthy closure loomed large last week over SouthernEra’s 50%-owned Klipspringer diamond-mine, in Limpopo, with a senior executive confirming to Mining Weekly that operations may have to be suspended because of losses induced by the strong rand,... 

Trans Hex prepared to start second Angolan mine

By: Martin Czernowalow     7th November 2003 South African diamond miner Trans Hex is preparing for the start-up of its second alluvial diamond project in Angola, with first production expected towards the end of the year. 

Pelindaba to host platinum jewellery hub

By: nkolola halwindi     7th November 2003 The Platinum Jewellery Trust of South Africa, a Trust involving the South African Jewellery Industry, Anglo Platinum, Northam, Mintek and the NBI, is in the process of developing a platinum design, manufacturing and training facility in North West Province that will ensure increased beneficiation... 

Trans Hex eyes possible Alexkor JV

By: Martin Czernowalow     3rd November 2003 South African diamond producer Trans Hex sees itself as ideally positioned to help government and the Richtersveld community maximise the value of embattled State gem-miner Alexkor. 

A new gem for Cullinan

By: elizabeth rebelo     31st October 2003 As part of the Premier mine’s centenary celebrations this year, the De Beers-owned mine has built a R4,3-million indoor sports centre for the Cullinan community as part of the company’s economic and social investment programme. 

No verdict yet on C-cut

By: elizabeth rebelo     31st October 2003 Should the much deliberated Centenary-cut project go ahead, production at the De Beers-owned Premier diamond-mine will have the capacity to produce 9-million tons a year, more than three times the current production of 2,8-million tons a year, Premier GM Hans Gastrow tells Mining Weekly. 

Gem junior charters high-tech sampling vessel

31st October 2003 South African junior miner, Sakawe Mining, the subsidiary of Marine Diamond Mining (MDM), has chartered a new diamond-sampling vessel, the Sakawe Explorer, which will begin operations offshore Namibia at the end of the first quarter of 2004. 

‘Safety is paramount to image of diamond industry’

By: Martin Czernowalow     30th October 2003 Safety is of prime importance within the diamond-mining industry, in view of the fact that diamond sales are driven by emotional appeal, gem giant De Beers’ director of operations said yesterday. 

SA to hand over conflict diamond process chairmanship

29th October 2003 South Africa’s Minister of Minerals and Energy, Phumzile Mlambo-Ngcuka, and South African Diamond Board will today host the Kimberly Process plenary session, at which South African will hand over the conflict diamond process chairmanship to another country. 

Venezuela’s Chavez says mining revocations ‘legal’

28th October 2003 Venezuelan President Hugo Chavez Sunday defended his government's recent cancellation of mining concessions as "absolutely legal", saying some foreign miners and their local business allies were stealing gold and diamonds without paying taxes. 

Richtersveld community’s gem of a ruling

24th October 2003 Richtersveld community’s legal representative Henk Smith was exuberant following last week’s Constitutional Court ruling which recognised the community’s right to lay claim to Alexkor’s land and mineral rights. 

DFI seeks to raise C$8,1m for exploration

23rd October 2003 International exploration and mining company Diamond Fields International (DFI) has announced that it is seeking to raise funds for the continued development of its Namibian marine diamond concession, as well as exploration activities in Greenland, Sierra Leone, and Madagascar, and for repayment... 

Airborne survey used on W Coast prospect

22nd October 2003 Australian diamond junior Namakwa Diamond Company has laid the foundations for an expanded stage two exploration programme at the Namakwa diamond project on the west coast of South Africa after successfully completing an airborne geophysical survey. 

Namakwa secures A$7m for diamond development

21st October 2003 Australia’s Namakwa Diamond Company said it would proceed immediately with final feasibility and development activities for stage 1 of the Namakwa Diamond Project, after completing a series of transactions to implement development funding and a benefits package of A$7-million for the... 

Leviev moves Russian business upstream

By: Keith Campbell     17th October 2003 UzbekK-born Israeli diamond magnate Lev Leviev, often identified as the main rival to South Africa’s globally-dominant diamond group De Beers, has recently moved upstream in his diamond operations in Russia. 

Aussie investors see Namakwa BEE deal as ‘litmus test’

By: Kenneth Creamer     17th October 2003 Australian investors will treat the empowerment deal between Australia’s Namakwa Diamond Company and South Africa’s Zaico, announced in September, as a ‘litmus test’ of South Africa’s new mining legislation, Perth-based stockbroker James McGlew of Montagu... 

Explorer looks for Finsch-type deposit in N Cape

By: Kenneth Creamer     17th October 2003 Australian exploration company Tawana Resources, which is accredited for having discovered the 7-million carat Bow River diamond-mine downstream from the Northern Territory’s Argyle diamond-mine, is following a similar strategy in “looking for another Finsch-type mine” six... 

Twelve bidders for diamond study

By: Martin Zhuwakinyu     10th October 2003 Twelve organisations have put in bids for a study into the opportunities and obstacles for the development of diamond-related activities in South Africa, including mining, trading, manufacturing, marketing and retailing. 

Explorer looks for Finsch-type deposit in N Cape

By: Kenneth Creamer     10th October 2003 Australian exploration company Tawana Resources, which is accredited for having discovered the 7-million carat Bow River diamond mine downstream from the Northern Territory’s Argyle diamond mine, is following a similar strategy in “looking for another Finsch-type mine” six... 

Aussie investors see Namakwa BEE deal as ‘litmus test’

By: Kenneth Creamer     9th October 2003 Australian investors will treat the empowerment deal between Australia’s Namakwa Diamond Company and South Africa’s Zaico, announced in September, as a ‘litmus test’ of South Africa’s new mining legislation, Perth-based stockbroker James McGlew of Montagu... 

De Beers mulls SA job cuts on strong rand

By: Terence Creamer     9th October 2003 World number one diamond firm De Beers warned on Wednesday that continued strength in South Africa's rand was hitting its dollar-based revenues and it would have to cut costs and jobs. 

Coal sector leads the way in safety

By: Zonika Botha     6th October 2003 South Africa’s mining industry last year claimed 288 lives. 

Safety scorecard

By: Zonika Botha     3rd October 2003 South Africa’s mining industry last year claimed 288 lives. And, while all accept that mining is, by its very nature, a hazardous profession, work-related deaths remain a serious blemish on its reputation. 

Commissioning phase begins at expanded gem mine

2nd October 2003 Canadian diamond miners Etruscan Resources and Mountain Lake Resources jointly announced yesterday the completion of construction of the expanded plant at the Tirisano Diamond mine, near Ventersdorp, in South Africa. 

SA jewellery sector homes in on US, UK and Japan

By: Deborah Spicer     26th September 2003 The South African jewellery industry is considering options for a permanent marketing presence in the UK and the US, reports Jewellery Joint Action Group (JJAG) convenor Adrian du Plessis. 

Tirisano diamond-mine, South Africa

26th September 2003 North West 

New York to host inaugural diamond conference

22nd September 2003 The inaugural Rapaport International Diamond Conference will be held at the New York Palace Hotel on October 20 and will cover all aspects of the diamond industry, from rough to retail. 

DFI to resume mining off Namibian coast

19th September 2003 Canada’s Diamond Fields International (DFI) has announced that its mining vessel, mv Anya, has departed from Cape Town on September 16 to resume mining operations in the Marshall Fork deposit, offshore Luderitz, in Namibia. 

Mining fund backs Namakwa’s BEE project

19th September 2003 Australian mining firm Namakwa Diamond Company has announced that South Africa’s New Africa Mining Fund (NAMF) yesterday approved a series of transactions between it, Namakwa and Zaico, which will result in development funding and benefits totalling A$7-million for the Namakwa diamond... 

Diamond colloquium set for October

12th September 2003 ‘Diamonds – from source to use’ is the subject of a colloquium organised by The South African Institute of Mining and Metallurgy (SAIMM) for next month. 

DFI finds two large diamonds in Madagascar

10th September 2003 Canadian diamond-miner Diamond Fields International (DFI) announced yesterday its results of the analysis of two large diamonds found in Madagascar and recently acquired by the company, as well as details of its land concessions and recent exploration activities. 

Latest News

more

Latest Videos

more

Company Announcements

more

 
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now