Diamonds

KCM investors pencil in August showdown

The diamond group's shareholders are determined to vote out the board and restore value, possibly with the help of Phillip Dexter, a member of an opposition party in South Africa's parliament.

Gem ban ‘punishing’ Zimbabweans

Zimbabwe's finance minister says a blockade on diamond exports is effectively 'punishing the people of Zimbabwe', and that it should be dropped.

DiamondCorp ups size of diamond target

DiamondCorp has reported an increase in the size of the geophysical target at one of the prospecting areas making up its Jwaneng South Project in Botswana.

Diamond juniors push ahead with Botswana projects

Both African Diamonds and Firestone Diamonds are getting stuck into their new diamond mining projects in Botswana.

Rockwell recovers big stones at Holpan, Saxendrift

Rockwell Diamonds says that during April and May it recovered three large gemstone diamonds from its Holpan and Saxendrift operations.

DiamondCorp earnings slump 47pct

Emerging diamond producer DiamondCorp has reported a 47% drop in headline earnings per share to 6.15 pence for the year to end December 2009 from 11.55 pence a share previously.

Thabex applies for suspension

Thabex, the junior mining and exploration company, has made an application for the voluntary suspension of its listing on the JSE with immediate effect.

Remgro to unbundle investment in Trans Hex

Investment group Remgro has approved the unbundling of its investment in diamond miner Trans Hex.

NUM gets wage rise from Transhex

The National Union of Mineworkers has secured wage increases of between 9% and 10% for its members at diamond company Trans Hex.

African Diamonds has hopes for Botswana

Diamond exploration company African Diamonds expects the AK6 diamond mine in Botswana to come on stream in the third quarter of 2011.