The Special Court for Sierra Leone is said to be among the nominees for the 2010 Nobel Peace Prize. The Special Court for Sierra Leone was set up jointly by the Government of Sierra Leone and the United Nations. It is mandated to try those who bear the greatest responsibility for serious violations of international [...]
Stellar Diamonds plc, the London listed (AIM:STEL) diamond mining and exploration company focused on West Africa, has provided a progress update on its operations following the successful Reverse Takeover of West African Diamonds plc. Mining at the 100% owned Mandala diamond mine in southeast Guinea has produced 64,800 carats at a grade of over 42 [...]
During a General Meeting of West African Diamonds, all resolutions to effect the acquisition of Stellar and associated fundraising of £5 million (gross) were passed, conditional only on Admission. WAD will also change its name to Stellar Diamonds plc as from Admission. Existing WAD shares will be consolidated on a 5:1 basis. A new board [...]
Obtala Resources plc (AIM:OBT) which invests in and develops mineral assets is pleased to announce that alluvial diamond mining has re-commenced on the newly acquired Konoma alluvial diamond operation in Sierra Leone. Since acquiring the company Obtala has completed a review and maintenance programme of both the DMS plant and the earth moving equipment. Site [...]
The lack of a coherent and committed international approach to tackling the role of natural resources in conflict is costing lives in Democratic Republic of Congo (DRC) and heightening the risk of further unrest in other fragile states such as C?te d’Ivoire and Guinea, according to a new report from Global Witness. Drawing on Global [...]
An international symposium on improving Natural resource management in post-conflict countries held in the University of Tokyo has addressed the issues of ‘Business of Diamond Mining and Human Insecurities in Sierra Leone’, presented by Kazumi Kawamoto of the University of Tokyo, ‘Tracking Down Blood Diamonds: How Industry, Governments and NGOs Made Kimberley Process a Success?’, [...]
Dolat Ventures Inc. (OTCBB: DOLV) says its subsidiary Dove Diamonds & Mining reported that there has been a rise in tax imposed by Sierra Leone on high-value diamond exports. The tax has been raised from 6.5 percent to 15 percent, on diamonds valued $500,000 and above. The imposition was put into effect as of December [...]
Obtala Resources plc (AIM:OBT), which invests in and develops mineral assets,has signed a Distribution Agreement with VL Holdings Limited (VL), of Hong Kong, whereby VL will act as the sole distributor for the diamond production from the newly acquired Konoma alluvial diamond operation in Sierra Leone. Under the terms of the agreement VL will act [...]
African Minerals Limited (AIM:AMI), the mineral exploration and development company with significant iron ore and base metal interests in Sierra Leone, West Africa, has divested its diamond operations in Sierra Leone to Obtala Resources plc (AIM:OBT). Under the terms of the sale and purchase agreement, AML has agreed to transfer to Obtala the entire issued [...]
Diamond News – diamond mining news: The combined venture of the merger between West African Diamonds (WAD) and Stellar Diamonds, a privately held diamond explorer and miner, will relist in the current quarter, subject to approvals and a successful fundraise, says a statement from WAD. The combined venture will have two producing diamond mines in [...]
Shmuel Dovid Hauck has been appointed as President and Director of Dolat Ventures Inc. (OTC.BB:DOLV). Since 2003, Mr. Hauck has been involved in mining diamonds, gold and other precious stones and metals in Sierra Leone. Mr. Hauck has spent his entire professional career involved in the diamond business both on the physical mining and wholesale [...]
To mark ten years since discussions about a certification system for rough diamonds began and prior to the Seventh Annual Plenary Meeting of the Kimberley Process in Namibia, in November, NGO Partnership Africa Canada has highlighted 7 unresolved issues in the Kimberley Process in Other Facets, a periodic newsletter about the international effort to end [...]