Greenhill believes that ALT-X is very much suited to mining and exploration. “South African and African resource-based companies source their labour, technology and of course the resource itself in this region; there is no reason they should need to use entirely foreign capital. South Africa does have an investment environment where one is able to raise capital for listings and the ALT-X listing requirements are appropriate for start up exploration projects, late stage exploration or junior mining projects.”
A further and more concerning restriction on construction capacity is the shortage of human resources in the industry. The construction upswing has stretched resources to the limit. There are only so many teams available. Succession planning is also a problem – it seems that there is a relatively big gap between the older experienced resources and the next level younger entrants. In these market circumstances, it will probably be to the advantage of both the clients and constructors to negotiate upfront participation on new projects and reserve capacity, Smith says. This will ensure that competent teams are allocated to the projects.
Since 1967 nearly 500 complete Bateman Modular Plants or sections of plants have been supplied to sites on land in about 30 countries and at sea, primarily to process diamonds, emeralds, coal, graphite, magnesite, andalusite, chromite and platinum.
Paardeberg East –
one of BRC’s
South African sites]Toronto, Canada --- MININGREVIEW.COM --- 12 February, 2008 - BRC DiamondCore Limited (formerly named BRC Diamond Corporation) – a development company formed to focus on diamond exploration and production in southern and central Africa – today completed the acquisition of all of the outstanding shares of Diamond Core Resources Limited , thereby effecting the merger of its business with that of Diamond Core.
the first deep-sea
vessel mining in
South African waters]Johannesburg, South Africa --- MININGREVIEW.COM --- 8 February, 2008 - Diamond giant the De Beers Group – the largest diamond mining company in the world – showed a 14% increase in earnings from US$425 million (almost R3.2 billion) to US$483 million (more than R3.6 billion) in 2007. International production reached 51.1 million carats, maintaining the record level achieved in 2006.
the diamond plant
at Alto Cuilo,
in Angola]Cape Town, South Africa --- MININGREVIEW.COM --- 11 February, 2008 - Diamond production in Angola last year reached 9.7 million carats, representing revenues estimated at US$1.27 million (R9.5 million), reports allafrica.com, quoting the Angolan News Agency ANGOP.
The news agency learnt from a source at the National Diamond Company of Angola, ENDIAMA – while attending the International Mining Indaba here – that industrial production in 2007 amounted to 8.6 million carats, while artisanal output reached 1.1 million carats. Company estimates quoted production in 2006 at approximately 10 million carats – a huge 67% increase over the 4 million carats produced in 2005.
open pit, which measures
2.1 km in length]Cape Town, South Africa --- MININGREVIEW.COM --- 06 February, 2008 - De Beers Consolidated Mines (DBCM) – the South African arm of diamond giant the De Beers Group, which is the largest diamond mining company in the world – has laid a solid foundation for future growth, both in the company and in the countries where it operates.
in Lesotho]London, England --- MININGREVIEW.COM --- February 7, 2008 - Gem Diamonds Limited – a leading global diamond mining company pursuing an accelerated growth strategy through targeted acquisitions and the development of existing assets – has spent US$404 million (R3 billion) in its first year of operation on new acquisitions in Africa, Australia and South-East Asia.
President & CEO,
BRC]Johannesburg, South Africa --- MININGREVIEW.COM --- 05 February, 2008 - The common shares of BRC Diamond Corporation (BRC) – a development company formed to focus on diamond exploration and production in southern and central Africa – have been listed on the JSE’s main board under the trading symbol “BCD.”