R/€ = 16.71 Change: 0.04
R/$ = 15.57 Change: 0.04
Au 1853.66 $/oz Change: -5.10
Pt 956.50 $/oz Change: 3.00

Diamonds News

Study begins on Botswana gold prospect

By: Deborah Spicer     4th October 2002 Botswana’s one prospect for future gold production will be confirmed by a bankable feasibility study being carried out by Gallery Gold near Francistown in the Tati greenstone belt. 

New gem-mining vessel

4th October 2002 Name of the project and location New gem-mining vessel. Project description Diamond Fields International (DFI) has acquired a new vessel, which arrives in Cape Town at the end of the year, to be converted into the company’s first fully-owned and –operated diamond-mining vessel. DFI... 

Kimberley diamond operation receives 22 new hoists

4th October 2002 Specialists in lifting and pulling equipment Bellambie Mining & Industrial has supplied 22 new Kito hoists to a De Beers diamond-mine in Kimberley. 

Miner not to renew gem contract with DTC

3rd October 2002 The world's largest diamond miner, De Beers, said on Tuesday that miner BHP Billiton had decided not to renew an agreement whereby De Beers markets diamonds unearthed from BHP Billiton's Ekati mine in Canada, Reuters reports. 

Africa to launch scheme to end dirty diamond trade

1st October 2002 Southern African countries will launch a scheme in November to try to end the trade in so-called blood diamonds, funding many of the continent's conflicts, a senior regional official said on Sunday. 

Empowerment miner 'hungry for projects'

By: Deborah Spicer     27th September 2002 JSE Securities Exchange-listed New Mining Corporation is in discussions with Anglo Platinum, and others, about establishing empowerment partnerships, reports New Mining Corporation chairperson Sello Rasethaba. 

New gem-mining vessel to be converted locally

27th September 2002 LOCAL companies and constructors are in line for major contracts when Diamond Fields International's (DFI's) new vessel arrives in Cape Town at the end of this year to be converted into the company's first fully-owned and operated diamond mining vessel. 

New life for 'pioneer' gold-mine

By: Joanne Delaurentis     27th September 2002 The redevelopment of African Pioneer Mining’s (APM) Agnes gold-mine, situated near Barberton in Mpumalanga, will reach full production early next year. 

West coast gem explorer reports good grades

26th September 2002 South African diamond explorer Namakwa Diamond Company has continued to report good diamond recoveries and grades from its West Coast Project, with the latest bulk sample yielding 1 014 diamonds at the impressive geological grade of 26,9 carats per hundred tons (cpht). 

Gem miner secures alluvial assets in Angola

26th September 2002 JSE-listed Trans Hex Group has secured two of the most sought-after alluvial diamond concessions, with already delineated reserves exceeding 1,7-million carats, as the starting point for its mining venture into Angola. 

Gem giant postpones Canada exploration

23rd September 2002 Diamond industry titan De Beers said on Friday it had postponed plans for a vital winter exploration programme for its Victor diamond project in Canada, after talks with an aboriginal group failed to resolve differences over benefits to the community. 

State gem miner awards concessions

By: Martin Czernowalow     20th September 2002 Earlier this month, State-owned gem miner Alexkor awarded shallow-water mining and beach mining concessions to private operators, thus securing employment for 179 miners who were retrenched at the end of last year. 

Central African Republic needs better gem-trade management

19th September 2002 Images of diamonds painted on the crumbing walls where the street children sleep are the only clue to the Central African Republic's most lucrative export. 

Good results from West Coast gem exploration

17th September 2002 Gem miner Namakwa Diamond Company is upping the ante on ongoing exploration at its diamond project on South Africa’s West Coast, after unveiling some spectacular high-grade results from a recently excavated bulk-sampling trench. 

Diamond firm in conservation deal

13th September 2002 The world's diamond leader and the South African National Parks (SANParks), have signed a deal to integrate parts of the De Beers-owned Venetia Limpopo Nature Reserve (VLNR) into the core of the proclaimed Vhembe/Dongola National Park, in the Limpopo province of South Africa. 

Diamond-miner adopts helpdesk suite

13th September 2002 Diamond company, De Beers Corporate Headquarters (CHQ), based in Crown Mines, Johannesburg, has adopted the Heat helpdesk suite, developed and supplied by FrontRange Solution, as part of its drive to improve the efficiency of the information technologies (IT) support it provides to its end-users. 

Diamond groups take dispute to court

By: Jill Stanford     11th September 2002 Canadian mining company Diamond Fields International (DFI) has instituted an action for damages in the High Court of South Africa in Cape Town against its former joint-venture partner Trans Hex Group. 

Bids in for State gem-miner

By: Martin Czernowalow     6th September 2002 The Department of Public Enterprise (DPE) has revealed that it has received eight bids for non-binding expression of interest in the ailing State diamond-mining company Alexkor. 

Gem giant seeks to diversify resource base

By: Keith Campbell     4th September 2002 South African diamond giant De Beers has reaffirmed its determination to diversify its resource base away from Southern Africa. 

Marine mining vessel chartered to diamond project

3rd September 2002 South African diamond miner Trans Hex has entered into a short-term charter contract with De Beers Marine to provide a deep-water mining vessel to conduct diamond-sampling activities off the Namibian coast. 

Gem miner to empower through procurement

By: Martin Zhuwakinyu     30th August 2002 Diamond-mining giant De Beers this year intends to outsource goods and services worth R170-million to small and medium-sized businesses owned by previously-disadvantaged people, up from R80-million in 2001. 

Diamond giant seeks to diversify resource base

By: Keith Campbell     30th August 2002 SOUTH African diamond giant De Beers has re-affirmed its determination to diversify its resource base away from Southern Africa. 

Commissioning of gem treatment plant well advanced

28th August 2002 A mere 29 months after project approval and 23 months since construction started, work on the De Beers Kimberley Mines Combined Treatment Plant (CTP) is nearing completion and commissioning is well advanced with the first material scheduled for treatment by the end of this month. 

Gem giant, parks authority in conservation deal

27th August 2002 Gem giant De Beers and South African National Parks (SANParks), signed an agreement on Friday, which will see the integration of parts of the De Beers-owned Venetia Limpopo Nature Reserve (VLNR) into the core of the proclaimed Vhembe/Dongola National Park, in the Limpopo province in South Africa. 

Gem-miner to award concessions soon

By: Martin Czernowalow     22nd August 2002 State-owned gem miner Alexkor will soon award shallow-water and beach mining concessions, having already compiled a short list of possible operators. 

Sexwale has plans to grow gem miner

20th August 2002 South African diamond miner Trans Hex says the appointment of Tokyo Sexwale as chairman signals the beginning of an aggressive expansion phase. 

Eight bidders show interest in State gem miner

By: Martin Czernowalow     20th August 2002 The Department of Public Enterprise (DPE) yesterday revealed that it has received eight bids for non-binding expression of interest in the ailing State diamond-mining company Alexkor. 

Diamond giant mulls expansion

13th August 2002 Diamond giant De Beers hinted yesterday that it planned to pursue several expansion opportunities in the medium to long term. 

Gem leader slams SA’s Aids policies

13th August 2002 Diamond company De Beers’ MD Gary Ralfe heavily criticised government’s current handling of the Aids pandemic in South Africa while announcing a group-wide plan for treatment which involves the provision of antiretroviral treatment (ART) to some 11 000 employees and their spouses,... 

Second half will be tougher for gem sales

13th August 2002 Global gem giant De Beers yesterday reported an 8,5% rise in first-half rough diamond sales to $2,84-billion, but said it did not expect sales or cashflow to be as sparkling in the final six months of 2002. 

Big exploration plans from marine miners

12th August 2002 Severus Shivolo, mine manager of Trans Hex's MV Namakwa, describes marine diamond-mining as "one day honey, one day onions". Indeed, it's a game of see-sawing fortunes, and only dogged exploration, hitech equipment and unique skills can ensure the unlocking of this treasure-chest. 

Big exploration plans from Southern Africa's marine miners

9th August 2002 Severus Shivolo mine manager of Trans Hex’s MV Namakwa describes marine diamond mining as one day honey, one day onions. 

Substation for Jwaneng mine

8th August 2002 Switchgear and electrical distribution specialist ABB Power Technologies Medium Voltage has won a contract worth more than R700 000 for the design, supply, delivery and pre-commissioning of a five-panel 66kV/400V containerised and skid-mounted mobile substation for the Jwaneng Diamond Mine in... 

State, mining group to meet next week

7th August 2002 Diversified miner Anglo American and its diamond arm De Beers will meet South African ministers on August 14 to discuss government plans to give black business a bigger role in mining, a government spokesperson said yesterday. 

Southern Africa ready for diamond certfication

6th August 2002 Southern African countries producing diamonds are ready for the implementation of an international certification scheme designed to halt trade in 'conflict diamonds', their mining ministers have declared. 

Bulk sampling under way at West Coast gem project

5th August 2002 Following the successful commissioning of its recently acquired 30-ton per hour Heavy Media Separation (HMS) plant, diamond miner Namakwa started bulk sampling excavation in April and processing operations at its diamond project on the South African West Coast in May. 

Oppenheimer sees good first half for diamonds

31st July 2002 Diamond giant De Beers' chairperson, Nicky Oppenheimer, yesterday said the company – which is 45% owned by Anglo American – had had a "good" first half and was working to bring more black people on board at De Beers and in the wider industry. 

New marine miner begins operations

29th July 2002 The JSE Securities-listed venture capital company Gilboa Properties has started with marine diamond mining on the first of several target areas of the Namagroen concessions on the South African west coast where previous sampling operations have indicated a high grade and exceptional quality of... 

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