The leading actor in the development of
diamond mining in South Africa was Englishman Cecil Rhodes.
DWYKA Diamonds has moved to buy four
diamond mines in South Africa's Northern Cape.
The gem, dubbed the Lesedi La Rona, is the largest
diamond mined in over a century and is a a 1,109 - carat gem - quality stone.
Harry Winston's main mining asset is its 40 % stake in the Diavik
diamond mine in the Northwest Territories.
By: African News Agency 1st May 2018
A diamond mine in Botswana, owned by now extinct Australian miner Kimberley Diamonds, is going up for sale at an online auction to be held Monday, as its liquidators failed to secure viable offers, reports MINING.com.
So in America (s) we have system defined by the rich get richer the poor stay in minimum wage, in China child labor is allowed, in
the diamond mines in Africa abuses are allowed for the precious gift, smoking is allowed to exist (even if it kills you), etc..
She recently sued Zimbabwean newspaper, The Standard, after it published Wikileaks cables, which claimed she took huge kickbacks from
diamond mines in Zimbabwe.
Rio Tinto today announced that it has lodged mining lease applications for its Bunder diamond project in the Bundelkhand region of Madhya Pradesh, India, which is a vital step in the development of what could be the first significant world class
diamond mine in India.
His investigation takes him to Havana, Cuba, where he meets Jinx (Berry, Swordfish) and later back to England to confront a wealthy discoverer of
a diamond mine in Iceland, Gustav Graves (Stephens, Severance).
A substantial amount of
the diamonds mined in Africa are unregistered, which makes them ripe targets for smugglers — some of whom are desperate.
Our diamonds have a unique provenance in that they are sourced from some of the most culturally significant
diamond mines in the world.
Experience the magnificent Bungle Bungle ranges after taking in vast lakes, irrigation areas, spectacular ranges, huge cattle stations, mineral exploration sites, dam walls, and the largest
diamond mine in the world.
Not exact matches
«
In that sort of environment, I think the retailers will have to become more competitive in terms of the prices they pay for diamonds and, as a consequence, maybe concentrating on the production and the mining end of the spectrum makes more sense.&raqu
In that sort of environment, I think the retailers will have to become more competitive
in terms of the prices they pay for diamonds and, as a consequence, maybe concentrating on the production and the mining end of the spectrum makes more sense.&raqu
in terms of the prices they pay for
diamonds and, as a consequence, maybe concentrating on the production and the
mining end of the spectrum makes more sense.»
Ekati, the area's first significant
mine, began production
in 1998, spurring an influx of activity that would see
diamonds go from a zero - dollar industry to one that represented 20 % of the territorial economy by 2002.
It was a brash move for an exploration and production firm to tack on a high - end jewel retail arm, but it made perfect sense to the pragmatic Gannicott, who liked the efficiencies of operating
in what he described then as «the two bookends of the
diamond pipeline:
mining and retail,» and who also saw the brand's prestige as having great potential
in such emerging luxury markets as China.
News of Lucara's discovery of the Lesedi La Rona
diamond (it was named
in a national contest held
in Botswana and translates into «our light»
in the Tswana language) has helped invigorate a
mining category that has languished
in the wake of a global recession, not to mention a campaign by Blood
Diamond star Leonardo DiCaprio to promote synthetic alternatives to alleviate working conditions of miners
in Africa.
Dominion
Diamonds» two active
mines helped the company earn $ 498 million
in profits last year — and should still be producing glittering stuff for years to come, according to Gannicott.
Canada's newer
mines, such as De Beers» Snap Lake, or those
in development (like Gahcho Kué, a joint venture between De Beers and Mountain Province
Diamonds currently
in environmental assessment) aren't large enough to fill the void.
Thanks to recent efforts to consolidate its
mining operations
in the Northwest Territories and some savvy decisions on Gannicott's part, the Toronto - headquartered
diamond producer is quickly becoming Canada's answer to Luxembourg - based De Beers.
«I knew we could source
diamonds for the chain
in a very efficient way, and the knowledge we'd be able to gain would be very useful
in selling rough
diamonds we were producing
in our
mines.»
Some analysts speculate these reviews could result
in individual
mine sales or initial public offerings of entire
diamond divisions.
It cost Lucara $ 150 million to build its sophisticated
mine (known as Karowe), and the company found its first
diamond soon after the opening
in 2012.
Rio Tinto is reportedly reassessing its
mining activities (
in addition to its Diavik stake, its
diamond assets include Australia's Argyle
mine, the Murowa
mine in Zimbabwe, and Bunder, an advanced project
in India) and is expected to make a decision on them by the end of the year.
But as Lucara has continued to process kimberlite, the igneous rock that sometimes contains
diamonds, the company has been able to show a random distribution of very large stones
in the
mine's south lobe.
And as global awareness about the horrific practices surrounding the
mining of so - called «blood
diamonds»
in Africa intensified, Aber's Canadian provenance didn't hurt its prospects.
Still, Mark says Lucara's recovery circuit shows good potential for finding more exceptional
diamonds in the Karowe
mine.
One day after a reported 100 workers lost their jobs at the Ellendale
diamond mine, Kimberley
Diamonds has announced the
mine has been closed and its subsidiary Kimberley
Diamond Company placed
in voluntary administration.
Lucapa Diamond Company has netted another $ 9.6 million from the sale of 1,349 carats worth of
diamonds recovered from its Lulo
mine in Angola.
Perth - based Lucapa
Diamond Company has sold a recently recovered 404 - carat
diamond from its Lulo
mine in Angola for $ 22.5 million.
The Whitewater Volcanics were surface sampled extensively 30 to 40 years ago
in the hunt for another Argyle
diamond mine.
About 2,500 metres of underground
diamond drilling begins this week aimed at further extending the
mine plan and potentially allowing an increase
in the
mining rate.
As a result, people started thinking about the provenance of their
diamonds and wanted to be assured that no one, or the earth, was getting hurt
in the process of
mining them.
So a
diamond is
mined somewhere
in Africa and traded several times before it makes it to one of the exchanges.
Swick will deploy four
diamond drilling rigs to two of Independence Group's
mining operations
in WA.
The Letseng
mine is famous for the size and quality of the
diamonds it produces and has the highest average selling price
in the world.
South African
diamond mining giant De Beers is to extend its dominance of the international
diamond market with a C$ 167 million hostile bid to acquire a majority shareholding
in the Snap Lake
diamond project,
in the Canadian North West Territories.
The decision to sell the retail arm of the business to focus on
mining follows Harry Winston's move late last year to acquire BHP Billiton's 80 % stake
in Ekati for $ 500 million, Canada's first and largest
diamond mine.
PERTH - based Reefton
Mining NL, which recently picked up some hot
diamond prospective property through a joint venture
in Namibia, Southern Africa, has considerably expanded its
diamond interests.
«This exceptional top - quality
diamond is the largest to be
mined to date and highlights the unsurpassed quality of the Letseng
mine,» Chief Executive Officer Clifford Elphick said
in a statement.
Capital investment
in the Northwest Territories
mining sector is increasing as a result of the expansion projects at the existing
diamond mines.
Under normal market conditions, the Gold and Precious Metals Fund will invest at least 80 percent of its net assets
in equity securities of companies predominately involved
in the
mining, fabrication, processing, marketing, or distribution of metals including gold, silver, platinum group, palladium and
diamonds.
In as little as ten years, one of our world - class
diamond mines may close.
«The end - buyer will likely be an ultra-ultra high - net - worth
diamond collector,» said Martin Potts, a London - based
mining analyst at FinnCap Ltd. «There will be huge prestige
in owning the largest
diamond that's not part of a royal collection.»
Typically, a jeweler such as Graff
Diamonds Corp. or a group of investors would buy the gem and use computerized scanning technology to decide how to most profitably cut the stone into several pieces and mount them
in jewelry, according to Maurice Mason, a
mining analyst at Stifel Nicolaus Europe Ltd.
in London.
Under normal market conditions, the World Precious Minerals Fund will invest at least 80 % of its net assets
in common stock, preferred stock, convertible securities, rights and warrants, and depository receipts of companies principally engaged
in the exploration for, or
mining and processing of, precious minerals such as gold, silver, platinum group, palladium and
diamonds.
By: Simone Liedtke 25th November 2016
Mining industry consultancy The MSA Group says the significant increase
in cost - estimate requests it has received for
diamond exploration testing this year is continuing.
11-18-2005 2005 Drilling Program Completed on Caledonia's Mulonga Plain Joint Venture 11-14-2005 Caledonia
Mining 3rd Quarter Results 2005 10-13-2005 Available online: Webcast of presentation to the Minesite Forum 10-11-2005 London: Presentation to the Minesite Forum 09-14-2005 Caledonia amends terms of share purchase warrants 09-13-2005 Caledonia and Motapa announce 11 drill targets at Mulonga Plain Kashiji Plain analytical results confirm possible local source 08-15-2005 Caledonia
Mining signs a Memorandum of Understanding with a South African Black Economic Empowerment Consortium 08-12-2005 Caledonia
Mining Second Quarter Results 2005 08-11-2005 Caledonia
Mining Second Quarter Results Conference Call and Webcast 07-18-2005 Caledonia announces Summer Drilling Program on Kikerk Lake Property, Nunavut 06-22-2005 Caledonia
Mining Corporation announces Admission to the AIM Market of the London Stock Exchange and # 1.57 million placing 06-13-2005 Caledonia
Mining signs a Letter of Intent with a Cobalt Refinery to supply 3 % of total annual world production 05-16-2005 Caledonia
Mining 1st Quarter Results 2005 05-06-2005 Caledonia Annual Meeting set for Tuesday May 10th 2005 05-05-2005 Caledonia
Mining Granted Prospecting Right for Grasvally and Will Commence the Drilling Program by Mid May 2005 03-29-2005 Caledonia
Mining 4th Quarter and 2004 Annual Results 03-23-2005 Caledonia
Mining Fourth Quarter and Annual results Conference call & webcast 03-08-2005 Mulonga Plain JV Exploration Work Program Update 02-23-2005 Caledonia
Mining Appoints New Chairman 01-31-2005 Caledonia updates
diamond exploration results at Mulonga Plain joint venture
in Zambia.
10-24-2001 Kimberlite Sample Yields Significant
Diamond Results 09-07-2001 Kimberlite Discovered On Kikerk Lake Property 08-29-2001 Financing Completed and 2nd Quarter Results 07-18-2001 Caledonia Acquires The Strategic Konkola West Prospecting Licence
In Zambia [See Map as well] 07-05-2001 Caledonia Mining Corporation Announces the J.V. with Ashton is to Drill the Kikerk Lake Diamond Property 06-12-2001 Caledonia [CAL - TSE; CALVF - Nasdaq] signs option to aquire an interest in platinum and diamond properties 06-06-2001 Caledonia [CAL - TSE; CALVF - Nasdaq] commissions metallurgical test 06-05-2001 Financial goals achieved by Caledonia [CAL - TSE; CALVF - Nasdaq] 04-19-2001 Caledonia announces financing and the cancellation of the Spring Hills Agreements 03-27-2001 News Release Caledonia Mining Corporation March 27, 20
In Zambia [See Map as well] 07-05-2001 Caledonia
Mining Corporation Announces the J.V. with Ashton is to Drill the Kikerk Lake
Diamond Property 06-12-2001 Caledonia [CAL - TSE; CALVF - Nasdaq] signs option to aquire an interest
in platinum and diamond properties 06-06-2001 Caledonia [CAL - TSE; CALVF - Nasdaq] commissions metallurgical test 06-05-2001 Financial goals achieved by Caledonia [CAL - TSE; CALVF - Nasdaq] 04-19-2001 Caledonia announces financing and the cancellation of the Spring Hills Agreements 03-27-2001 News Release Caledonia Mining Corporation March 27, 20
in platinum and
diamond properties 06-06-2001 Caledonia [CAL - TSE; CALVF - Nasdaq] commissions metallurgical test 06-05-2001 Financial goals achieved by Caledonia [CAL - TSE; CALVF - Nasdaq] 04-19-2001 Caledonia announces financing and the cancellation of the Spring Hills Agreements 03-27-2001 News Release Caledonia
Mining Corporation March 27, 2001
15th December 2017 Canadian junior
mining company Tango Mining has made progress at its Oena diamond project, based in the Northern Cape in South Africa, appointing diamond recovery company Bluedust 7 as its mining contractor, which it announced in Oc
mining company Tango
Mining has made progress at its Oena diamond project, based in the Northern Cape in South Africa, appointing diamond recovery company Bluedust 7 as its mining contractor, which it announced in Oc
Mining has made progress at its Oena
diamond project, based
in the Northern Cape
in South Africa, appointing
diamond recovery company Bluedust 7 as its
mining contractor, which it announced in Oc
mining contractor, which it announced
in October.
While Canada is already one of the largest
diamond mining countries
in the world, trailing only Botswana and Russia, the country still has tremendous untapped potential.