09 September 2010
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NEWS Mining & Exploration
GEM DIAMONDS RECOVERS 196-CARAT WHITE DIAMOND AT LETSENG MINE
07 September 2010
Gem Diamonds Limited has recovered an exceptional 196-carat rough white diamond at the Let?eng mine, its joint venture with the government of the Kingdom of Lesotho. The two joint vent...
NAMDEB'S H1 DIAMOND PRODUCTION DOUBLES
06 September 2010
Namdeb, De Beers' joint venture with the Namibian government, produced 795,000 carats during the six-month period ended June 30, 2010, an increase of 106.5% compared to the 385,000 cara...
ROCKWELL RECOVERS 5 GEMS OF 50+ CARATS DURING FISCAL 2ND QUARTER
01 September 2010
Rockwell Diamonds Inc. has recovered five large gemstones (50 carats and above) from its alluvial Holpan, Klipdam and Saxendrift mines in South Africa's Northern Cape Province during th...
ALROSA, ZARUBEZHNEFT OPT OUT OF ANGOLAN OIL, GAS PROJECT
30 August 2010
Alrosa has decided against developing what was to be an oil and natural gas project in Angola's Lower Congo and Upper Kwanza regions. The Yakutia-based diamond conglomerate had received...
HARRY WINSTON COMPLETES PURCHASE OF KINROSS DIAVIK INTEREST
29 August 2010
Harry Winston Diamond Corporation has completed the US$220 million purchase from Kinross Gold Corporation of its 9 percent indirect interest in the Diavik Joint Venture. With this trans...
BHP BILLITON'S FISCAL 2010 DIAMOND REVENUES RISE 72.3%
25 August 2010
Diversified miner BHP Billiton earned US$901 million in diamond revenues for the fiscal year ended June 30, 2010, a 72.3 percent increase from 2009. The company's underlying earnings be...
GEM DIAMONDS' H1 PROFIT DIPS BUT SEES PRICE RECOVERY ON ROUGH SALES
24 August 2010
Gem Diamonds earned US$103.9 million in revenues during the first half of 2010, ended June 30, primarily generated from the sale of rough diamonds recovered at the Let?eng and Ellendale...
ZIM CHAMBER OF COMMERCE HONORS MUROWA WITH CORPORATE SOCIAL RESPONSIBILITY AWARD
22 August 2010
Murowa Diamonds has won the Zimbabwe National Chamber of Commerce (ZNCC) Best Corporate Social Responsibility Programs award for 2009 on the basis of its community programs with a speci...
SHEAR MINERALS GETS COURT APPROVAL FOR JERICHO MINE PURCHASE
29 July 2010
The Ontario Superior Court of Justice has given its approval for Shear Minerals Ltd.'s acquisition of the Jericho Diamond Mine, processing facilities and all supporting exploration asse...
STORNOWAY DIAMONDS SIGNS COLLOBORATIVE PDA WITH CREE NATIONS
28 July 2010
Stornoway Diamond Corporation and its joint venture partner Diaquem Inc. have concluded a Pre-Development Agreement (PDA) for the Renard Diamond Project with the Grand Council of the Cr...
HARRY WINSTON ACQUIRES LARGER STAKE IN DIAVIK
25 July 2010
Harry Winston Diamond Corporation is increasing its stake in the Diavik diamond mine I in Canada's Northwest Territories. The diamond firm says it reached an agreement in principle to p...
DE BEERS: 'STRONG' RECOVERY IN H1 WITH DIAMOND PRODUCTION MORE THAN DOUBLING
25 July 2010
De Beers experienced strong growth and recovery during the first half of 2010, as evidenced by its 134 percent jump in production to 15.4 million carats and 84 percent rise in DTC sales...
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