Mexivada Mining Corp. (“MNV”) has optioned its Moussondji Prospecting permit (gold) and its 5 Permis des Recherches exclusive permits for gold and diamond exploration in the ROC Republic of Congo to East American Resources (Pty) Ltd. (“EAR”), a diversified mining company based in Johannesburg South Africa, in an agreement dated July 20, 2010, the “Effective [...]
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Canada
Mexivada Executes Option of ROC Congo Gold-Diamond Properties to EAR
Mexivada Mining Corp. (“MNV”) has optioned its Moussondji Prospecting permit (gold) and its 5 Permis des Recherches exclusive permits for gold and diamond exploration in the ROC Republic of Congo to East American Resources (Pty) Ltd. (“EAR”), a diversified mining company based in Johannesburg South Africa, in an agreement dated July 20, 2010, the “Effective [...]
Africa
Eli Izhakoff: KP coalition of government, business and civil society remains critical to future of global diamond industry and trade
Addressing the 7th Annual Meeting of the World Diamond Council (WDC) in St. Petersburg, Russia, WDC President Eli Izhakoff stressed that the Kimberley Process coalition of government, business and civil society remains critical for the future of the entire diamond industry and trade.
Colleagues and friends, The events of the past weeks and months have consumed [...]
Africa
Izhakoff: KP coalition of government, business and civil society remains critical to future of global diamond industry and trade
Addressing the 7th Annual Meeting of the World Diamond Council (WDC) in St. Petersburg, Russia, WDC President Eli Izhakoff stressed that the Kimberley Process coalition of government, business and civil society remains critical for the future of the entire diamond industry and trade. The full text of Mr. Izhakoff’s speech follows below.
Colleagues and friends, The [...]
Africa
Rockwell Diamonds Announces the Acquisition of a 20% Stake in Flawless Diamond Trading House
Rockwell Diamonds Inc. has acquired a 20% stake in Flawless Diamond Trading House (Proprietary) Limited (“FDTH”).
Effective June 1, 2010, the Company has purchased a 20% stake in FDTH that was previously held by Mr Hennie van Wyk for a consideration of South African Rand (“ZAR”) 700,000 (approximately $97,000).
FDTH was established in 2006 to provide a [...]
Africa
Finsch Diamond Mine Restructuring Process
Johannesburg Finsch Mine, situated in the Northern Cape, announced on 5 May 2010 that it had issued Section 189 notices to all the employees at the Mine. Of the 870 employees at the Mine an estimated 350 positions, some of which are vacant, may be affected in the restructuring process now underway.
The final number of [...]
Africa
GIA Lab in Johannesburg Marks Two-Year Anniversary
The Gemological Institute of America’s (GIA) Laboratory in Johannesburg recently reached a milestone with its two-year anniversary. The Lab, which opened in February 2008, has had a steadily increasing number of gemstones come in for grading each day.
“Our intake has increased by nearly 200 percent in the last eight months,” said Les Milner, director of [...]
Africa
Petra Diamonds Unveils The ‘Cullinan Heritage’ 507 Carat Diamond
Diamond News – diamond mining news: Petra Diamonds Limited announces that the 507 carat white diamond has been named The Cullinan Heritage. This spectacular and historic gem has been named to reflect the date of its recovery on Heritage Day in South Africa (24 September 2009), as well as its origins from the illustrious [...]
Africa
Thabex Limited Listing on the Johannesburg Stock Exchange Reinstated; Angel Diamonds Operations to Allow the Business to Meet its Obligations
South Africa’s Thabex Limited, whose shared were suspended from the Johannesburg Stock Exchange mid 2009 due to the delay in the publication of the provisional report of the company, has had its listing reinstated as the company has complied with
the publication of the provisional and interim reports and the annual report of the
Company was posted [...]
Africa
Petra Diamonds Says it is Insured for Such Losses After Multi Million Diamond Parcel was Stolen in Transit
Diamond News: Further to our December 25 report on a diamond parcel, containing nearly 15,000 carats of diamond and estimated to be worth nearly $2.9 million, that was stolen during transit to Antwerp, we can disclose the following details:
The diamond parcel, containing just over 14,931 carats of diamonds, was exported by Williamson Diamonds Limited, which is [...]
Africa
X-Ray Body Scanning Technology Can Discover Diamonds, Synthetic Material, Drugs, Explosives and Metals
DebTech, the research and development arm of De Beers, has developed body scanning technology which is currently used on De Beers mines in South Africa and Namibia. De Beers makes the body scanning technology available to the market.
Scannex is a low X-ray dose, full-body scanner with an X-ray exposure small enough to allow for a [...]
Africa
$2.9 Million Diamond Parcel Stolen in Transit
A diamond parcel, containing nearly 15,000 carats of diamond estimated to be worth $2.9 million, has been stolen in Johannesburg during transit to Antwerp.
The South African Police Services Organized Crime Unit, to whom the theft was reported, have had no success so far in recovering the diamond parcel. The diamond originated in Tanzania.
