De Beers suspended production at its diamond mine venture in Botswana since the start of the year because sales declined. Sheila Khama, chief executive officer of the company’s Botswana business, said: The mines, the source of half of De Beers’ supply of rough diamonds and almost a quarter of the world’s by value, sold no diamonds [...]
The first two holes were drilled on the Powderhorn Property and the third hole was drilled on the Gullbridge Property located contiguously to the north and northwest of Powderhorn Lake. for full story, click here
Champion Minerals Inc announced that diamond drilling, logging and sample assay results have been received for 3 diamond drill holes completed in January 2009 on the Company’s Powderhorn and Gullbridge VMS base metals properties in the Buchans Mining Camp of Central Newfoundland. For full story, click here
The government was in discussions with Petra on increasing production at the mine to 500,000 carats a year from 200,000 carats, and eventually to 1 million carats a year. For full story, click here
AIM-listed miner Petra Diamonds can keep the 75 percent stake in Tanzania’s Williamson diamond mine it bought in 2008, the east African country’s energy and minerals minister said on Wednesday. For full story, click here
Mexivada is also planning to launch a purchase-and-export business for the North American and European consumer and auction markets. For full story, click here
Mexivada reported it has begun mining diamonds near Koidu Town, Sierra Leone. Mexivada also stated in its announcement that its partners have received a second artisanal mining license for diamond mining, which covers a one-acre site adjoining the first licensed area. For full story, click here
Jindal Steel and Power Ltd, the diversified domestic steel producer, on Tuesday said it will invest up to USD 20 million . For full story, click here
The report presents the assay results for six diamond drill holes drilled to test shallow extensions of the high grade PQ Lens north of the existing PQ pit. For full story, click here
During the past few years, the Canadian diamond industry has branded itself as a perfect “guilt-free choice” for the progressive consumer, often to the consternation of those committed to creating benefit through African diamonds. For full story, click here
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