Rockwell still thumped by market collapse
Rockwell Diamonds is still battling the after-effects of the collapse in the diamond market but is looking to expand cautiously after refinancing its balance sheet.
NUM and De Beers hope to avert strike
South Africa's NUM and the world's biggest diamond producer De Beers are likely to sign a wage deal that could prevent a strike at the company's operations.
Village Main Reef aims to raise up to R200m
Village Main Reef Gold Mining says it intends to raise between R150m and R200m to fund future acquisition opportunities.
Rio Tinto launches $300m Murowa expansion
Rio Tinto is to press ahead with the $300m expansion of the Murowa diamond mine in Zimbabwe amid signs the investment climate had radically improved in that country.
Angola breakthrough for Trans Hex
Diamond producer Trans Hex will only have to provide its share of the capital expenditure needed to build the new Luana mine in Angola according to CEO Llewellyn Delport.
Rockwell Diamonds narrows FY headline loss
Alluvial miner Rockwell Diamonds has reported the narrowing of its full year headline loss per share to C$0.03 for the year to end February 2010 from C$0.05 previously.
NUM members to strike at De Beers
The National Union of Mineworkers plans to have 3 000 of its members strike at diamond company, De Beers, after falling a "world apart" in a wage dispute.
BHP finalises JV arrangements for project
BHP Billiton has confirmed the formation of the new joint venture for its Indonesian Coal Project with a subsidiary of PT Adaro Energy TBK (Adaro) following the completion of
Government approvals.
Zimbabwe bans diamond exports, Rio affected
Zimbabwe bans all diamond exports, including from a unit of Rio Tinto, until gemstones from its controversial Marange fields are certified by the Kimberley Process, state media reports.
Nkwe sets JSE date, awaits Xstrata decision
Nkwe optimises a bankable study into a R6.5bn-R8.3bn platinum project ahead of a listing on the JSE and Hong Kong. Xstrata must decide if it wants to earn into the project and shoulder the costs.