DODAQ: First Online Cash Market for Certified Polished Diamonds

Are you in the diamond trade, or is diamond trading in you? If you’ve pondered this question, then you should check out the DODAQ diamond trading platform.
DiamondNe.ws is delighted to offer you the chance to save money on your initial transaction fees when trading polished diamonds via the DODAQ platform with our exclusive discount. Click on the title to learn more about the benefits of DODAQ and receive a DiamondNe.ws discount code …

Thabex Court Case Relating to Angel Diamonds Postponed

Thabex Limited shareholders are advised that the Case relating to Angel Diamonds (Proprietary) Limited (Case number: CIV/APN/333/2010) in the High Court of Lesotho was to be heard on 30 August 2010. The Case has been postponed to 6 October 2010 in order for the Court to finalise the security for costs by the applicants in [...]

Diamond Production Low but Diamond Prices Encouraging for Namibian Resources Since DIamond Produciton Recommenced

NAMIBIAN RESOURCES Plc has announced its final results for the year ended 28 February 2010.
The year to 28th February 2010 was disappointing as expected due to the cessation of production at Sonnberg following the near collapse of the international diamond market and soaring fuel costs. Our staffing was greatly reduced and care [...]

Shear Minerals Ltd. Closes $13.1 Million Private Placement Offering and Purchase of Jericho Diamond Mine

Shear Minerals Ltd. has successfully closed its marketed private placement equity offering (the “Offering”) and the completion of its purchase of the Jericho diamond mine and related assets in Nunavut (the “Jericho Acquisition”).
The Offering
Under the Offering, 139,451,000 conventional units (“Conventional Units”), each consisting of one common share (a “Common Share”) and one Common Share purchase [...]

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UN Report Finds Botswana Governmental Position on Kalahari Habitation by Basarwa to appear to be Inconsistent with its Decision to Permit Gem Diamonds/Gope Exploration Mining Activities


pThe [Botswanan] Governmentrsquo;s position that habitation of the [Kalahari] reserve by the Basarwa and Bakgalagadi communities is incompatible with the reserversquo;s conservation objectives and status appears to be inconsistent with its decision to permit Gem Diamonds/Gope Exploration Company (Pty) Ltd. to conduct mining activities within the reserve, an operation that is planned to last several decades and could involve an influx of 500-1200 people to the site, according to the mining company, reports a new report by a UN expert, James Anaya./p
pBotswanarsquo;s Government must step up efforts to tackle the challenges faced by many indigenous communities, such as land rights, says the report by a United Nations independent expert.br /
ldquo;The current problems faced by indigenous peoples in the country are associated with three underlying, interrelated issues: respect for cultural diversity/identity, political participation and consultation, and redress for historical wrongs,rdquo; says Anaya./p
pAnaya visited the country last March and met with representatives of the University of Botswanarsquo;s San/Basarwa Research Project and Gem Diamonds/Gope Exploration Company (Pty) Ltd./p

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