Drilling to resume at Jericho diamond mine
CBC.com reports that Shear Minerals’ (CVE:SRM) newly owned Jericho mine in Nunavut is set to re-open next Spring.
Archive for 2010
Mining trudges to recovery in 2010
Mmengi Online.com reports that Debswana was able to hit it’s production targets in 2010.
Diamonds Sparkle
Investors Chronicle.com reports that there is an expectation that diamond prices will continue to be strong, and that there is great promise for a number of companies, including Petra Diamonds (LON:PDL), in 2011.
De Beers Diamond Co Says It’s Unaware of Anglo Takeover Plans
Israeli Diamond Portal.com reports that De Beers Diamond Company apparently knows nothing of a Anglo American’s (LON:AAL) plans to take them over.
Liberum sees ‘strategic merit’ if Anglo raised De Beers stake
Mining Weekly.com reports that analysts at Liberum Capital believe that it would be positive for Anglo American(LON:AAL) to increase its’ holdings in De Beers.
Korean Company to Develop Diamond Mine in Cameroon
Israeli Diamond Portal.com reports that Korean company C&K Mining has received licensing to develop the Mobilong diamond mine in southeast Cameroon
Anglo after Oppenheimer family De Beers stake – report
Mineweb.com reports that Anglo American Corporation (LON:AAL)is possibly considering purchasing a 40% stake in DeBeers.
Jim Gowans named new Debswana head
Mining Weekly.com reports that Jim Gowans has been named jointly by De Beers and the Botswana government as MD for Debswana
Top international diamond official denies trade in Zim blood diamonds
SW Radio Africa News.com reports that the World Federation of Diamond Bourses’s s vice-President, Ernest Blom has denied accusations that he was involved in the trade of blood diamonds.
UN strengthens efforts against blood diamonds
Bloomberg.com reports that the UN is stepping up efforts to abolish trade in blood diamonds
