"We want the different mines to give oral evidence before the committee on the $15 billion diamond revenue issue," said Mliswa, who last week said they were also considering summoning former President Robert Mugabe to account for the diamond revenue which went missing during his tenure. "Murowa
Up until the mid-2000s, nearly all of its export sales went through South Africa's DeBeers, the diamond mining and marketing unit of mining giant Anglo American. Agureev, a veteran commercial banker before joining Alrosa six months ago, said the firm signed its first long term supply agreement with a
VANCOUVER, British Columbia, March 01, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited ("Tango" or the "Company") (TSXV:TGV) is pleased to provide an update on the Bluedust 7 Proprietary Limited ("Bluedust") due diligence program being conducted at the Oena Diamond Mine, Republic of
Namdeb Holdings Ltd, jointly owned by the Namibian government and De Beers is selling the Elizabeth Bay diamond mine.Namdeb's Corporate Affairs Manager Pauline Thomas told journalists on Friday that it has selected Standard Bank Namibia as its financial advisor on the proposed sale of the mine
The discovery of the Diavik diamond mine by Gren Thomas's Aber Resources in 1994 established that the Ekati find was no fluke. Diavik went into production in 2003 and quickly became one of the world's richest diamond mines. The discovery of diamonds in this inhospitable corner of the world,
VANCOUVER, British Columbia, March 01, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited ("Tango" or the "Company") (TSXV:TGV) is pleased to provide an update on the Bluedust 7 Proprietary Limited ("Bluedust") due diligence program being conducted at the Oena Diamond Mine, Republic of South Africa ("Oena"
Lucara operates a diamond mine in Botswana and has a history of unearthing massive gems, including the largest gem-quality diamond discovered in more than a century. It has been consistently profitable since 2013, pays a 4.4-per-cent dividend and doesn't have a penny of debt. Better yet, it changes
He noted the company had already begun the front end engineering design program and signed a contract for 9,000 metres of mine development drilling that will enhance the geological control for the first two levels of mining. In terms of funding the project, Stellar Diamonds said it was in talks with
Matthew Wood, Chairman of Five Star Diamonds said, "I am very pleased that Jeremy will be joining Five Star Diamonds as our Chief Financial Officer. Jeremy has the skills in mining financing and M&A that we are looking for as we rapidly advance our diamond projects in Brazil. Our stakeholders are
BlueRock Diamonds PLC (LON:BRD) expects to ramp up production at its Kareevlei diamond mine in South Africa this year as it operates from its upgraded plant. The AIM-listed diamond mining company estimates it can achieve an average grade of between 3.5 carats per hundred tonnes (cpht) and 4.5
Lucara Diamond, one of the top Canadian diamond and exploration mining company, in a bid to appoint a new CEO, ended up hiring one who has a vision of toping the diamond industry with the aid of blockchain technologies. The new CEO, who goes by the name Eira Thomas, after being appointed has
SURAT: With the country's leading public sector banks facing massive financial turmoil following the multi-crore fraud by billionaire Nirav Modi and Mehul Choksi, diamond mining companies in the world may be at the receiving end in 2018 as far as sale of rough diamonds to Indian diamond companies is
"We're the largest new diamond mine in the Northwest Territories," says Mr. Whittle, interim president and CEO of Mountain Province Diamonds Inc. (MPVD). His Toronto-based company is a 49-per-cent joint venture partner with mining giant De Beers Canada Inc. in the mine called Gahcho Ku?(C), a remote
Lucara Diamond Corp has bought Clara Diamond Solutions, a blockchain-based diamond tracking, and sales platform. With this purchase, Lucara, the Canadian diamond exploration and mining company has become the latest player in the industry to adopt blockchain technology. This is part of a growing
Rich diamond deposits have been discovered in the Sese area of Chivi, with investors scrambling to start mining the gems that are expected to catapult Masvingo Province into a mining hub. Masvingo already boosts of minerals such as lithium that is mined at Bikita Minerals, gold at Renco Mine and coal,
Leading global diamond trading, exploration and mining company De Beers Group remains focused on other African countries in which it is already established with no rush to return to Zimbabwe, The Herald Business has learnt. Contrary to early February reports at the African Mining Indaba in Cape Town
Canadian diamond exploration and mining company Lucara Diamond has appointed a new chief executive in a move towards modernizing the diamond industry with Blockchain technologies, the Financial Times reported today, Feb. 26. The new CEO, Eira Thomas, will lead the company after its recent
Prosperous 2017 for De Beers means N.W.T. diamond industry warming up: Chamber of Mines
The De Beers Group has confirmed that construction of the world's largest diamond mining vessel has commenced. Local media outlet New Era highlighting the announcement, said the vessel will be used exclusively for operations off Namibia's coast when it commences operation in 2021. Debmarine
Windhoek - The De Beers Group has confirmed that a Scandanavian shipbuilder has commenced what will eventually be the world's largest diamond mining vessel for Debmarine Namibia, a joint venture held in equal shares between the government of Namibia and De Beers. De Beers Group Chief