R/€ = 16.78 Change: 0.03
R/$ = 15.67 Change: -0.01
Au 1862.99 $/oz Change: 3.22
Pt 957.50 $/oz Change: -7.50

Diamonds News

Gem giant's geology division sets high standard

By: Martin Zhuwakinyu     7th June 2002 Diamond-miner De Beers, which is possibly the only South African-based mining and exploration company to attain certification for compliance with rigorous international environmental standards for exploration, says it is to take the high standards it has set in South Africa to the less-developed... 

A clean sweep for Swedish equipment

7th June 2002 The order of another Volvo from the diamond digging industry is a further indication of the reliability and productivity of these machines in the toughest working environments. 

First walking gem-mining platform by August

7th June 2002 Seawalker, an eight-legged self-contained walking jack-up platform, will be shipped to South Africa in August this year to dredge and mine diamonds in the notorious West Coast surf. 

Belgium snubs Kimberley diamond rules

4th June 2002 Belgium has said it will not loosen its stringent import control system to comply with the so-called Kimberley international guidelines aimed at curbing the illicit trade in diamonds. 

First diamonds recovered from new Kimberley plant

3rd June 2002 Twenty-five diamonds have been recovered from the new De Beers Kimberley Mines Combined Treatment Plant (CTP). 

Gem junior lifts earnings

3rd June 2002 Mining and exploration company Thabex Exploration announced their improved annual results with revenue sharply increasing from R247 000 to R4,024-million, the company reported a net operating income of R2,587-million, an improved turnaround from the previously recorded loss of R1,123-million... 

Diamond manufacturers in the rough

By: candice haase     31st May 2002 The Valani Project, an entrepreneurial development programme created by the Harry Oppenheimer Diamond School, is incubating 11 potential manufacturers at the moment. 

The state of State diamonds

31st May 2002 Ailing State diamond-mining company Alexkor does not conjure up the image of a jewel, but this is how Department of Public Enterprises chief director: restructuring of state owned enterprises Andile Nkuhlu describes the mine, which is situated below the mouth of the Orange river, in the Northern... 

The state of State diamonds

31st May 2002 Ailing State diamond-mining company Alexkor does not conjure up the image of a jewel, but this is how Department of Public Enterprises chief director: restructuring of state owned enterprises Andile Nkuhlu describes the mine, which is situated below the mouth of the Orange river, in the Northern... 

Listed diamond miner studying five new projects

29th May 2002 Diamond miner has an internal goal of trying to tie up five new projects by the end of this year said chief executive officer Calvyn Gardner presenting his company’s annual results in Cape Town yesterday. 

SA dryers destined for Russian diamond-mine

By: nkolola halwindi     24th May 2002 In a R5,2-million contract with Alrosa Diamond mine project in Russia, Johannesburg-based company UV+IR Engineering will supply six infrared dryers. 

Marine-gem miner to follow up on Namibian prospect

By: Martin Zhuwakinyu     24th May 2002 Canadian-listed marine diamond explorer Afri-Can Marine Minerals has announced that it is to undertake follow-up sampling work at its Block J prospect off the Namibian coast, where a reconnaissance sampling programme in December produced favourable results. 

State gem miner seeks to reinstate 280 workers

24th May 2002 More than 280 retrenched workers at State-owned marine miner Alexkor could be reinstated through new projects launched by the diamond-miner. 

Sierra Leone suspects huge diamond is in Israel

22nd May 2002 Sierra Leone’s government suspects a huge diamond has been smuggled out of the West African country to Belgium and on to Israel, the State buying office said. 

State gem miner to be sold by Feb

17th May 2002 Government plans to secure a strategic equity partner (SEP) for troubled State-owned diamond miner Alexkor during the course of the current financial year. 

Ellendale diamond mine, West Kimberley region, Western Australia.

17th May 2002 The project will involve the establishment at a diamond mining and processing operation 

'Grand old lady' of diamond-mining becomes latest safety millionaire

10th May 2002 De Beers’ Kimberley Mines has been awarded the NOSA and Mines’ Health and Safety Council (MHSC) “Millionaire” Award for achieving three million fatality-free shifts. 

Mining's development ability outlined by Oppenheimer No 4

By: Martin Zhuwakinyu     10th May 2002 Mining has a key role to play in the socioeconomic regeneration of Africa, being ushered in by the New Partnership for Africa’s Development (Nepad). 

Scorpions in minerals office sting

7th May 2002 South Africa’s elite Scorpions police unit said they had raided Department of Minerals and Energy Affairs offices to probe allegations of corruption, and diamonds formed a key part of the investigation. 

Report of 'monster' diamond find in Sierra Leone

29th April 2002 Sierra Leone has put border guards on alert after hearing rumours that a massive diamond was unearthed this week and that dealers may smuggle it out of the country, senior government officials said. 

Big hole project (tourism project)

26th April 2002 Name of the project and location De Beers Big Hole project, Kimberley, South Africa. Project description De Beers is undertaking a project to develop the Big Hole precinct into a world-class tourism facility. Value Unknown at this stage. First phase is R1,5-million. Duration Completion of the... 

Sierra Leone in 20-fold gem export surge

25th April 2002 Sierra Leone’s diamond income shot up more than 20-fold between 1999 and 2001 and is set to keep growing thanks to export controls and the end of a brutal civil war, Mines Minister Mohamed Deen said. 

Bill to give smaller miners a foot in the door

By: candice haase     19th April 2002 The liberalisation of South Africa’s mining rights through the Mineral and Petroleum Resources Development Bill has created a space for the emergence of such medium-scale mining outfits as New Diamond Corporation (NDC). 

Gem junior in bulk testing programme

19th April 2002 Gem junior Namakwa Diamond is set to start a landmark bulk sampling program leading to resource and grade information on its West Coast diamond project in South Africa following completion of its processing facility. 

South African appointed to head OZ diamond group

17th April 2002 The directors of Kimberley Diamond Company have appointed Peter Danchin initially as GM and, subject to a short, mutual review period, subsequently as MD on a three year contract. 

SA gem group exits Canadian subsidiary

16th April 2002 Diamond firm Trans Hex Group (THG) has reached a negotiated solution with minority shareholders of its 73%-held Canadian-listed subsidiary Trans Hex International (THI) that will officially terminate THG’s Toronto-based presence. 

Russian gem deal: A lesson for SA?

15th April 2002 In December last year Sergei Broukovsky gave up on his diamond-cutting business in Johannesburg and returned to his native Russia. 

Still big scope for mining empowerment

12th April 2002 THERE is scope for many more empowerment transactions in the resources sector. 

Russia gem deal a lesson for SA?

By: Irma Venter     12th April 2002 In December last year Sergei Broukovsky gave up on his diamond cutting business in Johannesburg and returned to his native Russia. 

Marine diamond-mining technology triumphs

By: vanessa vasques     12th April 2002 The process of mining at sea will never be easy as miners will always have to contend with a hostile environment hampered by storms, high winds and rough seas. 

Report questions 'prosperity diamonds' claim

By: Martin Zhuwakinyu     5th April 2002 While Southern Africa’s diamond endowment has brought about economic prosperity and has not fuelled civil strife – as has been the case in Angola, Sierra Leone and the Democratic Republic of Congo (DRC) – Partnership Africa Canada contends that the region’s... 

Bid to cut and polish gems in Northern Cape

5th April 2002 Authorities in the Northern Cape are pushing ahead with plans to have locally mined diamonds developed and polished in the country, before being exported to international markets for sale, especially in Europe and the US. 

Diamond giant buys R10-million in software

5th April 2002 Diamond giant De Beers has purchased ActaWorks software from Global Technology Business Intelligence (GBI) in a deal worth over R10-million. 

Global positioning system for Botswana diamond-mine

5th April 2002 Leader in high-tech mine management solutions Modular Mining Systems is in the process of installing the ProVision high-precision global positioning system (HPGPS) and other modular equipment at Debswana Diamond Mining Company’s Jwaneng diamond-mine in Botswana, in Southern Africa. 

Junior optimistic about diamond project

2nd April 2002 Junior miner Kimberley Diamond of Australia has released a feasibility study which confirms the viability of the first-stage development at the Ellendale Diamond Project, due to start in May. 

Empowerment deal breathes new life in gem dumps

By: Joanne Delaurentis     29th March 2002 Determined to extend the life of Kimberley diamond-mines well into the next century, South African diamond giant De Beers has sold its dormant Kamfersdam mine and tailings dumps to black-owned mining company New Diamond Corporation (NDC). 

Gem giant approves 'Big Hole' tourism project

26th March 2002 The first phase of the Big Hole Project has been approved by De Beers board. The aim of the project is to develop the Big Hole precinct into a world-class tourism facility. 

Ottowa talks fail to produce 'blood diamonds' deal

22nd March 2002 Government negotiators and diamond industry officials failed to agree on ways to curb trade in ‘blood diamonds’ that are mined in some of Africa's worst conflict zones, but said they had made great progress toward a deal. 

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