R/€ = 18.42 Change: 0.02
R/$ = 16.27 Change: 0.01
Au 1792.60 $/oz Change: -9.55
Pt 955.49 $/oz Change: -15.63

Diamonds News

Diamond giant eyes bigger Canada role

4th December 2001 The world’s leading diamond producer, De Beers, is looking for a bigger stake of Canada’s growing diamond industry, and said it wants more work done on a diamond-bearing property in northern Ontario before it makes a decision to build the province’s first diamond-mine, possibly... 

Diamond certification system to stem illegal trade

3rd December 2001 Diamond industries in more than 40 countries agreed to implement an international certification scheme for the trade in rough diamonds by the end of 2002, or face severe penalties and sanctions from the United Nations (UN). 

Washington approves ‘blood diamond’ measures

30th November 2001 The US House of Representatives overwhelmingly approved a measure designed to help stem the trade in so-called ‘blood diamonds’ from Africa, linked in part to suspects in Washington’s war on terrorism. 

SA chair conflict gem meeting

28th November 2001 The Minister of Minerals and Energy, Phumzile Mlambo-Ngcuka, will chair a meeting of Ministers from the world’s leading diamond exporting, processing and importing states to be held in Gaborone, Botswana. 

SA gem miner prepares for market rebound

27th November 2001 South Africa’s only listed diamond company Trans Hex has reaffirmed the diamond-miner’s target of producing 211 400 carats in the financial year. 

Uganda exploiting DRC wealth – report

26th November 2001 Uganda’s diamond exports have tripled in the last eight months, the second United Nations (UN) report on the alleged exploitation of the Democratic Republic of Congo’s mineral wealth has said. 

East Rand facility to produce a third of world's synthetic-diamond output

By: Irma Venter     23rd November 2001 The new Oppenheimer Diamond Research Laboratory in Springs, on the East Rand, together with the adjacent diamond-manufacturing plant, in the process of expanding, is the largest and most advanced synthetic diamond centre in the world. 

Floating diamond-recovery vessel performing well

16th November 2001 The South African designed and built processing plant on board the world’s biggest floating diamond recovery vessel, Ya Toivo, is performing well off the Namibian coast. 

Screening company boosts capacity

16th November 2001 Leading mining contract screening company Ruslyn Mining has strengthened its operating capacity by acquiring new equipment and by reallocating existing screening plants to service newly-awarded contracts. 

New gyratory crusher for diamond-mine

16th November 2001 A contract for the supply of a primary gyratory crusher to the Orapa Diamond Mine has been awarded to IMS Engineering. 

Extension for diamond-sorting operation

16th November 2001 Local company Swisslog Trans-Tele is putting the finishing touches on a R30 000 extension to the diamond sorting operation at De Beers’ Premier Diamond Mine near Pretoria. 

Firm sees increased modular plant sales

By: Zonika Botha     16th November 2001 Repeat orders from smaller entrepreneurial diamond-mining companies are paving the way for increased sales of Bateman-manufactured modular process plants. 

Diamond-mine fitted with new crusher

16th November 2001 Diamond giant De Beers’ Venetia mine has replaced its last existing crusher with a Kawasaki Cybas Cone crusher from IMS Engineering. 

Machines fitted with fast fuel systems

16th November 2001 Eight new machines supplied by Komatsu to Debswana, Orapa and Letlhakane mines have been fitted with Wiggins fast fuel systems and dry-break coupling functions from IMS Industrial Products. 

World's largest screens ordered for diamond plant

16th November 2001 A R10,5-million contract for the supply of specialised screens – including some of the world’s largest double-deck ‘banana’ screens – has been secured by Linatex Africa for installation at De Beers Consolidated Mines’ Kimberley Mines plant. 

Clarity emerging of conflict gem attack plan

12th November 2001 With less than a month to go before the final deadline for the report on conflict diamonds due for presentation at the United Nations 56th session, the Kimberley Process has announced some important decisions taken at the plenary session which took place in Luanda, Angola, last week. 

Outlook for SA mining pondered

By: Keith Campbell     9th November 2001 For SA mining, the effect of the 11/9/01 terrorist attacks in the US has been to accelerate a global economic downturn already underway, with the concurrent decline in the commodity markets. 

Jewellery in US post 'Terror Tuesday'

By: Laura Franz     9th November 2001 In spite of the September 11 terrorist attacks, fine jewellery remains US consumers’ third most popular gift option over the Christmas season for the second year in a row, says a study titled ‘Gift giving this holiday season’ which was conducted by MVI – a consulting firm... 

Diamonds-for-terror allegation

7th November 2001 Sierra Leone has evidence that jailed rebel leader Foday Sankoh sold diamonds to a dealer whom some suspect of having links to Osama bin Laden’s al Qaeda network, Justice Minister Solomon Berewa said. 

WTO rules could thwart efforts to curb blood-gem trading

5th November 2001 The diamond industry edged closer to agreeing ways to curb illegal exports of so-called ‘blood diamonds’ from war-torn Africa but reservations by the US still hung over a possible deal. 

Resources firm expands diamond interests

5th November 2001 Resource company BHP Billiton has concluded the acquisition of diamond, mineral exploration and development company Dia Met Minerals, in a deal it believes will provide ongoing access to rough diamonds. 

Gems-for-arms trade under attack

1st November 2001 Delegates at a three-day conference on ‘blood diamonds’ in Angola will seek a plan to block the trade in conflict gems that has thrived despite United Nations (UN) sanctions, the Angolan government said. 

State gem miner seeks to boost shallow-water output

26th October 2001 State-owned diamond-mine Alexkor is set to increase its shallow-water activities by as much as 50%. 

New F State vision: mielies, gold and now jewellery

By: Irma Venter     26th October 2001 After suffering a setback earlier this year with the closure of Via D’oro, the Free State jewellery cluster is again launching a concerted effort to become a jewellery manufacturing force. 

SA firm wins diamond project

19th October 2001 Local firm RBF Technology has secured an order from Debswana Diamond Company for the supply of two 525 V motor control centres (MCCs) for one of the diamond producer’s primary crushers. 

Gem beneficiation debate still raging

By: Terence Creamer     19th October 2001 A number of local diamond cutters and polishers are once again expressing concerned that neither Section 59 of the Diamond Act nor the annual De Beers layout are sufficient to encourage local beneficiation. 

Gem deal leads to big equipment purchase

19th October 2001 The joint venture between Kimberley company Super Stone Mining and empowerment mining company Ekapa Mining will purchase a new fleet of capital equipment worth R23-million to service the R40-million a year five-year loading and hauling contract for the De Beers combined treatment plant (CTP)... 

Terror attacks to hit diamonds

By: Laura Franz     19th October 2001 In addition to being in a recession, the global diamond industry is expected to take a knock as a result of the US terror attacks that occured in September, reason being that this country accounts for more than 60% of global rough and processed diamond sales, forecasts South African Diamond Board... 

Love and diamonds could be flipside of 'Terror Tuesday'

19th October 2001 A US recession could hurt the demand for diamonds, but the head of De Beers, the world’s largest diamond company, said that a rising number of engagements following the September 11 attacks could help restore some luster to an already weak market. 

Zambia’s copper sell-off was corrupt – report

18th October 2001 The privatisation of mines in Zambia were fraught with corruption, the Global Corruption Report 2001 has revealed. 

Conflict gem trade continues

18th October 2001 More than $1-million worth of diamonds are still being smuggled out of Angola every day, despite a campaign to end the trade in ‘conflict diamonds', according to a UN report. 

State gem miner seeks to boost shallow-water output

15th October 2001 State-owned diamond-mine Alexkor is set to increase its shallow-water activities by as much as 50%. 

New diamond-dump retreatment project

9th October 2001 A joint venture led by black-owned New Diamond Corporation (NDC) sees a R3,5-million investment in the retreatment of Kimberley’s Caravan Park Dumps, as well as the establishment of a R2,1-million treatment plant near Kamfersdam. 

Canadian diamond-sampling project

8th October 2001 Canadian exploration company Pele Mountain Resources has entered into an agreement with De Beers Canada to process a bulk sample of approximately 100 t of ultramafic breccia from Pele’s Cristal diamond occurrence. 

Truck helps find diamonds

5th October 2001 Materials-handling equipment supplier Barloworld Equipment has announced the first local sale of a Caterpillar 730 articulated truck to HC van Wyk Diamante in Kimberley in the Northern Cape. 

Installation completed at diamond-mine

5th October 2001 Local company Electron Technologies has successfully completed an electrical and instrumentation installation at the secondary crusher on De Beers’ Venetia Mine, 80 km west of Messina in the Northern Province. 

Virtual database rollout

5th October 2001 Diamond giant De Beers’ Venetia mine has completed the rollout of a Sybase virtual database and middleware solution. 

Progress on conflict gem protocol

5th October 2001 With less than two months to go before the final deadline for the report on conflict diamonds due for presentation at the United Nations’ 56th session, the Kimberley Process has announced some significant progress in the development of detailed proposals for the international certification... 

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