Trans Hex tying up loose ends in Namaqua deal
Diamond producer Trans Hex says it is still busy tying up some aspects of its proposed acquisition of De Beers' Namaqualand mines.
Rockwell’s shares take a beating
Rockwell Diamonds’ shares have taken a smack as the mining junior reported a
$13m annual loss, with CEO James Campbell admitting the group’s turnaround
remained "a work in progress'.
De Beers searching for six illegal miners
Illegal miners were trapped at the Namaqualand property despite repeated attempts
by the mine authorities to dissuade mine property trespassers.
Rockwell finalises two strategic projects
Rockwell Diamonds says it has successfully completed the installation of a new in-field screen and the bulk x-ray and single particle sorter plant at its Saxendrift mine.
DiamondCorp in R280m loan deal with IDC
DiamondCorp subsidiary Lace Diamond Mines has entered into a R280m loan term sheet agreement with the Industrial Development Corporation.
Trans Hex sees major swing to profitability
Diamond miner Trans Hex says it expects to report an annual net profit of around R208m, compared to a loss of R45.1m during its previous financial year.
Petra Diamonds Q3 production surges
Higher diamond prices and a contribution from Finsch mine helped Petra Diamonds
record a near doubling in diamond production quarter-on-quarter.
Botswana reaps rewards of De Beers move
The move of the De Beers Diamond Trading Company from London to Gaborone
in Botswana is one of the biggest ever transfers of economic activity in the
history of Africa.
Lucara’s Karowe produces first diamonds
Lucara Diamond Corp says the commissioning of its Karowe mine processing plant is progressing according to schedule and that first production diamonds have been uncovered.
Rockwell reaps rewards of new focus
Rockwell Diamonds is reaping the rewards of its redrafted strategy, posting
quarterly carat production increases of at least 50% across its asset base.