Diamond Mining in Africa | Investing News Network
May 13, 2013 ... Africa, the world's largest producer of diamonds, has produced half of all diamonds. With 1.9 billion carats produced, the continent has mined about $158 billion worth of the gems. Diamond mining in Africa dates back to 1866, when the child of a Dutch farmer found a 22-carat diamond in what is now South...Read More
Diamonds – an attractive investment? - Mining Review Africa
Jun 17, 2016 ... Emile Peterson, credit analyst for international credit insurer Coface talks diamonds - current performance, value influencing factors and its future potential as well.South Africa's 2016 first quarter results for the mining sector was one of the worst the sector has ever experienced, shrinking by 18%...Read More
Investors talk up diamond mining stocks. Happily ... - BizNews.com
Aug 30, 2014 ... GEMD and PDL are listed in London and have been trading around £2/share, or about R300/share (here is how to buy international shares from South Africa). Important finds, including rare blue diamonds the size of acorns, have helped build hype around mining companies like Petra Diamonds. But, go...Read More
Oakdale investment on the cusp of diamond mining in South Africa ...
Feb 7, 2018 ... An investee company of Oakdale Resources plans to begin mining for diamonds in South Africa this month. Following successful trial mining that recovered 105 carats of diamonds from the Cliff's project, Vast Mineral Sands now plans to start full scale mining.Read More
De Beers: investing in diamonds and countries - Telegraph
Apr 10, 2015 ... Investing in diamond production for a sparkling future. By developing new and existing mines and working with local peoples and national governments, De Beers is helping secure the future of the diamond industry. Venetia open pit diamond mine in South Africa. Lucrative opening: the Venetia diamond...Read More
partners and sponsors - Mine Africa - Promoting Mining Investment ...
Fasken Martineau has increased its footprint in Africa by merging with the leading south African based firm Bell Dewar as of February 1, 2013. Mining transactions involve coordinating ... Jwaneng is the most valuable mine in the world and Orapa is the second-largest diamond mine in the world. There are four non-De Beers...Read More
Diamond Mining News and Commentary | MINING.com
Angola offers former dos Santos diamond rights to investors · Reuters | 2 ... Very few of the 150 companies who expressed interest in investing in the Mining Arc actually presented concrete offers. ... Petra was hurt mainly by a strike at its South Africa operations and the blocking of a consignment of diamonds in Tanzania.Read More
Private capital is ready to invest $7 billion in mining | MINING.com
Mar 20, 2016 ... According to a study of private capital in the resources sector from industry tracker Preqin, half of investors in the mining and metals sector will deploy more capital this year despite two-thirds of institutional investors displaying less appetite for the sector compared to a year ago. The pullback comes after...Read More
Investing in diamonds more popular | Fin24
Nov 5, 2013 ... Zuma: SA's diamond mining set to glitter. Cape Town - There is currently a very strong interest globally in investing in diamonds, according to Yair Shimansky, designer and manufacturer of diamond and tanzanite jewellery. He told Fin24 that investments in diamonds appreciated on average 15% per year...Read More
Investment challenges facing Africa's mining industry - BBC News
Feb 8, 2013 ... Investment challenges face Africa's mining sector, as investors shift their attention away from South Africa following last year's strikes. ... A hydraulic shovel loads a truck at an open cast diamond mine in Botswana Image caption The real challenge for many African countries is not mining, but reaching their...Read More
Small-scale Diamond Mining in Sierra Leone | MINING.com Video
This is how diamond mining works near villages in Sierra Leone. Dam up the river, pump out the water, dig out all the gravel you possibly can...then you get.Read More
Chinese investment in South Africa - Taung Gold International Limited
As a Hong Kong listed company, Taung is acutely aware of the significance of Chinese investment in South Africa. Chinese investors have been steadily building their direct and indirect investments in South Africa during the last decade. And it is not just in mining and minerals. There have also been a distinct moves into...Read More
Mining companies & investment articles on Moneyweb
Read the latest Mining companies & investment articles on Moneyweb. ... Deal wizard of SA gold mining is scaring investors. Felix Njini, Bloomberg / 23 February 2018. 2. Persistent strong rand may lead to asset sales and ... Bloomberg / 22 February 2018. Diamond producer to mine as much as 36 million carats this year.Read More
Creating a growth-oriented mid-tier Diamond Mining and Development Company. Rockwell is engaged in the business of operating and developing alluvial diamond deposits. The Company also evaluates consolidation opportunities that have the potential to expand its mineral resources and production profile and provide...Read More
History of De Beers | investment diamonds - press review - Charts ...
Feb 26, 2018 ... Rhodes teamed up with former rival Barney Barnato (whose real name was Barnett Isaacs) and created the De Beers Mining Company. In just a few years, the company was able to buy almost all of the diamond mines in South Africa. In 1888 De Beers Consolidated Mines, Ltd. was created, and a monopoly...Read More
Venezuela and South Africa Strike Deal on Diamond Mining | The ...
Jul 6, 2017 ... They have the best environmental care technicians, bring us innovative proposals beyond the investment in diamonds, with marine mining, mining in rivers and with companies that developed the technology so we can study the process of joint exploitation." Arreaza also thanked the South African country...Read More
About - Cullinan Diamonds
Located in the Victorian town named after it's most famous resident, Cullinan is a breathtaking 45-minute drive from South Africa's capital, Pretoria, and an hour-and-a-half from the City of Gold, Johannesburg. The famous mine is the world's main source for rare blue diamonds. The Cullinan Diamond Mine. Owned by a three...Read More
Mining production booming in South Africa, report finds | Operations ...
Iron Ore, Gold and Diamond mining proved key, as mining production across the South African continent increased by 6.9% year on year, a 9% increase year on ... The South African mining industry is poised to receive more than R220 billion in investments this year, says the Mineral Resources Ministrer, Mosebenzi Zwane.Read More
Venetia Diamond Mine - Mining Technology
The Venetia diamond mine, which opened in 1992, is De Beers Consolidated Mines' flagship operation. Situated 80km from Musina (formerly Messina) in Limpopo Province, and involving an investment of R1.1bn ($400m), the mine is South Africa's largest diamond producer, with an output of about 4Mct of diamond.Read More
Have You Ever Tried to Sell a Diamond? - The Atlantic
In 1870, however, huge diamond mines were discovered near the Orange River, in South Africa, where diamonds were soon being scooped out by the ton. Suddenly, the market was deluged with diamonds. The British financiers who had organized the South African mines quickly realized that their investment was...Read More
DealMakers » African Mining Network
If you are looking for investors, business opportunities and connect with other deal makers in the mining and mining supply sector The African Mining Network wants to ... The Khoisan community in South Africa has a diamond holding in the Springbok area of the Northern Cape of South Africa to offer for sale or joint venture.Read More
Anglo American urges South Africa to 'stop the rot' in mining
Feb 6, 2017 ... Rising costs, red tape and political uncertainty have made companies increasingly wary of investing in South African mines, in spite of the country ... is divesting its South African coal, iron ore and manganese assets under Mr Cutifani's plans to restructure the company; its platinum and diamond mines in the...Read More
Members – Diamond Producers Association
Together with its joint venture partners, De Beers employs more than 20,000 people across the diamond pipeline, and is the world's largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa. As part of the company's operating philosophy, the people of De Beers are...Read More
South Africa to encourage black involvement in diamond sector
Oct 27, 2015 ... South Africa has launchedan association for young, mainly black entrepreneurs to boostthe processing and manufacturing of rough diamonds, the ... had to be economically viable for companies and that South African mining industry should introduce measures such as tax incentives to attract investment.Read More
South Africa Gold and Diamonds - Country Studies
Gold and Diamonds. South Africa's modern history has often been dated from the first commercial mining of diamonds and gold in the 1870s and the 1880s, when the region became a magnet for European investment. Mining in the region predated European arrivals by several centuries, however, as the new government...Read More
Gem Diamonds | Home
Gem Diamonds is a leading global diamond producer with diamond mining operations in Lesotho and Botswana. Head Offices in London and Sales, Marketing and Manufacturing capabilities in Antwerp, Belgium.Read More
Digging deep in South Africa as diamond hunt gets tougher | Daily ...
May 8, 2016 ... "We are often told that the growing world population, combined with the increasing difficulty of finding diamonds, will mean prices always rise, but we will see. Many producers are losing money. "The project at Venetia is stupendous -- especially as very few other firms are investing in mining in South Africa.".Read More
Investments in the Mining Sector - Trans Africa Invest
Artisanal and small-scale mining (ASM), which is prevalent in Africa, exploits a wide range of minerals, for example gold, copper, tantalum, tin, and diamonds. ... From left: Conveyor belt in an abandoned gold mine in South Africa; medium-scale gold mine in Kadoma, Zimbabwe; separating gold from the ore through washing.Read More
Africa is rich in diamonds but still poor | Africa | DW | 18.09.2017
Sep 18, 2017 ... For months now, Africa's rough diamonds have been increasing in value but the sale proceeds do not reach the people. ... large-scale investor from Russia who wanted to mine Tanzanian uranium has already put his project on hold, in part because he was worried about the investment climate in Tanzania.Read More
Diamonds Are Bullshit | HuffPost
Aug 5, 2013 ... In 1870, enormous deposits of diamonds were discovered in Kimberley, South Africa. As diamonds flooded the market, the financiers of the mines realized they were making their own investments worthless. As they mined more and more diamonds, they became less scarce and their price dropped.Read More
Investor-eager Zimbabwe rolls out the red carpet for South Africa ...
Jul 6, 2015 ... This would boost the southern African country's struggling economy, he said at the event organised by Mail & Guardian Africa, while giving big benefits to investors. Zimbabwe is richly endowed with mineral resources such as diamond, gold, platinum, coal, tin, lithium, iron ore, manganese, coal and...Read More
Are diamonds a rock solid investment? | This is Money
May 13, 2017 ... The BlackRock Gold & General fund invests in Petra Diamonds, which has mines in South Africa, Tanzania and Botswana. FTSE 100 company Anglo American has an 85 per cent stake in diamond giant De Beers. Funds that invest in the diamonds business include Baring Global Mining, JOHCM UK...Read More
South African Banks Investment in the Mining Sector in SADC ...
South African Banks Investment in the Mining Sector in SADC. November 15th, 2015. South African Money. Southern Africa is home to significant deposits of some of the world's most strategic minerals, such as platinum, manganese, chromium, cobalt, titanium, diamonds, copper and gold. The tapping of these minerals...Read More
Petra Diamonds | How are diamonds mined by Petra?
Open Pit mining. Petra is employing open pit mining at the Williamson mine in Tanzania and the Ebenhaezer satellite pipe at Koffiefontein in South Africa. Mining of a diamond-bearing kimberlite generally starts with the excavation of a pit into the kimberlite pipe. In this process, called ''open-pit'' or ''open-cast'' mining, the...Read More
Participating Mining Companies | Investing in African Mining Indaba
Lonmin; Lucara Diamond Corporation; Lurco Group; Maamba Collieries Limited; Mabiza Resources (Subsidiary of CNM); Makole Group; Maloma Colliery; Maya Gold Silver; Mbuyelo; Menar Holding; Metorex; MIDROC Gold Mine; Millennium Minerals; Minas de Revuboe; Mineral Development Investments; Mineral...Read More
South Africa: Mining, Minerals and Fuel Resources - AZoMining.com
Jul 18, 2012 ... Topics Covered. Welcome to South Africa Overview of Resources Industrial Minerals and Gemstones Metals Fossil Fuels Investments Sources ... Petra Diamonds Ltd has plans to increase its production at the Cullinan Mine from 1.31 million carats in 2013 to 1.8 million carats in 2016. Petra also has plans to...Read More
Why Billionaire Christo Wiese is ploughing millions into diamonds ...
Dec 23, 2016 ... Wiese was in diamond mining in the late 1990s through an investment in Ocean Diamond Mining Holdings (ODM). ... Polished-diamond prices have declined, in turn, reducing demand for diamonds from South African mines, as well as throughout the world,” it says, quoting World Federation of Diamond...Read More
MiningWeekly.com | Mining Sector News | Mining Industry | Diamonds
2nd March 2018 South Africa's minerals and mining industry faces severe headwinds. The Republic of South Africa hosts a treasure trove of geology and minerals, valued at about $2.5-trillion. Without modern exploration, prospecting, and new local and foreign investment, these resources will not be developed for... →.Read More
Seeking Investors For The Mining Of Gold And Diamond In Guyana ...
Gold Target Export is a renowned gold and diamond mining company in Guyana, South America. We are involved in ... We need investors to assist in funding of gold exploration and purchasing of gold from50% more of the miners across Guyana. Guyana has one of the ... South African Mines For Sale Receive New Mines...Read More
Diamond Mining in Africa | Child Labor | Conflict Diamonds
Miners are dying in accidents, child labor is widespread, and corrupt leaders are depriving diamond mining communities of funds badly needed for economic development. ... Reuters. Bodies of 10 Illegal Diamond Miners Found in South Africa. IRIN Africa ... But they often fail to re-invest these funds in local communities.Read More