Private security officers employed by the diamond mining company in Marange, Zimbabwe Consolidated Diamond Company, have also used
Robert Mugabe will have to answer about his diamond mining
VANCOUVER, May 8, 2018 /CNW/ - Lucara Diamond Corp.
On Monday, Parliament's Mines and Energy committee, which is investigating looting of Marange diamonds, on Monday demanded Monday as
JOHANNESBURG - The Lerala diamond mine in Botswana, owned by now extinct Australian miner Kimberley Diamonds, is going on auction
The committee has already interviewed former ministers, police and intelligence chiefs to answer on diamond mining operations at the vast
The troubled mine, which has operated in fits and starts under different owners since 2008, will go under the hammer from May 24 at 5pm until May 30 at 2pm. The auction will be conducted online, with interested bidders registering in advance for a piece of an operation which, at one point, was targeting
Gaborone -Australian miner Kimberly Diamonds on Monday disclosed that its Lerala Diamond Mine in Botswana will be auctioned online on May 30 this year. The Australian miner, through its auctioneers GoIndustry DoveBid, said in a statement that online bids for Lerala Diamond Mine would open on May 24 and run
The DIVA Museum, an institution created with the idea of highlighting the story behind some of the world's most beautiful diamonds, opened today in Antwerp, the capital city of the Flemish province of the same name located in northern Belgium. Antwerp is known for being home to silversmiths, jewellers
AIM-listed junior miner Vast Resources Plc has partnered Botswana Diamond Plc to seek opportunities in diamond exploration in Zimbabwe. This follows the signing of a memorandum of understanding between the two companies which will see them exchanging information derived from past exploration
While Alrosa already has a cutting and polishing business, it has kept its distance from it to focus on mining, where it can get bigger margins. Kristall and other Russian cutters currently buy stones from Alrosa at similar terms than overseas companies, but they are struggling to compete with much larger
Australia's Lucapa Diamond (ASX:LOM) has discovered yet another large diamond at its prolific Lulo mine in Angola - a 46-carat pink stone, the largest coloured gem-quality rock ever recovered there. The company said the gem-quality coloured diamond eclipsed both the 43-carat yellow gem found in
The PEA estimates that 66 million carats of diamonds could be recovered in a surface mine over a 38-year Project life, with a Net Present Value ("NPV") (7%) of $2.0 billion after tax, an Internal Rate of Return ("IRR") of 19% and an after-tax payback period of 3.4 years after the commencement of diamond
AIM-listed junior miner Vast Resources Plc has partnered Botswana Diamond Plc to seek opportunities in diamond exploration in Zimbabwe. By Melody Chikono. This follows the signing of a memorandum of understanding between the two companies which will see them exchanging information derived
Tango Mining Limited (CVE:TGV) CEO Samer Khalaf tells Proactive Investors mining contractor Bluedust 7 has completed due diligence on Tango's Oena diamond mine in South Africa. Khalaf says Bluedust 7 will own and operate all equipment on the site and will pay Tango royalties of 25% on all income
A diamond mine in Botswana, owned by now extinct Australian miner Kimberley Diamonds, is going up for sale at an online auction to be held Monday, as its liquidators failed to secure viable offers. The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it finally was placed
In 2008, Vast acquired a database relating to diamonds in Zimbabwe and had, until 2010, carried out its own exploration in the field using information from the database. In turn, Botswana Diamonds independently acquired a Zimbabwe diamond database and, along with the company's networks, has
The two firms have agreed to exchange past exploration information on areas prospective for diamonds in Zimbabwe and form a jointly-owned unit focused on developing and mining diamond resources. Botswana Diamonds, in turn, has independently acquired a Zimbabwe diamond database and has
Following a poor output performance, financial difficulties and a stint under judicial management the Lerala diamond mine in Botswana will hit the auction block in late May. The mine, which was formerly operated by Sydney-based Kimberly Diamonds, ceased operations in Spring 2017, and was
VANCOUVER, British Columbia , May 02, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited ("Tango" or the "Company") (TSXV:TGV) is pleased to announce that Bluedust 7 Proprietary Limited ("Bluedust") is satisfied with the results of its due diligence program of the Oena Diamond Mine ("Oena") and plans to increase