Diamonds & Gemstones

Diamond and Gemstones includes, diamonds, gemstones, coloured gemstones, ruby, emerald, sapphire and zircon. Diamonds includes diamond mining, diamond processing, kimberlite, alluvial diamond mining, cutting and polishing, beneficiation, diamond sorting, x-ray sorting, laboratory grown diamonds, lab grown diamonds, synthetic diamonds, diamond exploration, blockchain, Kimberley Process, diamond fingerprinting, diamond tailings, rough diamonds, blood diamonds, diamond tender.

AEL’S TECHNOLOGY ON SHOW

African Explosives Limited (AEL), the leading producer of explosives products, initiating systems and blasting solutions in Africa, will once again be exhibiting at Electra Mining Africa 2006 in September.

As the major supplier of explosives to the South African mining industry – and further afield in Africa – AEL has concentrated its technological innovation on developing specialised explosives, initiating systems and services that improve safety by optimising blasting efficiencies.

PROJECT IMPLEMENTATION RISKS HAVE INCREASED

These new risks are a result of the global commodities boom and economic expansion. They are a result of increased activity in the construction sector in major developing markets, including South Africa, the primary source of materials and expertise for undertaking mining projects in the region.

One such risk is the escalation in demand for commodities used in mining projects themselves and increases in prices of those commodities. For example, the recently experienced shortage of tyres for large earthmoving equipment globally was a result of the economic boom in China. The price of steel in South Africa has surged dramatically in the last two years owing to the import pricing parity formula used in South Africa, which makes its steel manufacturers among the most profitable in the world. This impacts the cost of implementing projects in the region and causes problems in managing steel price escalation.

FEWER BIG MINING RISKS IN AFRICA, BUT MORE OF THEM

These middle risks are issues such as HIV/AIDS, the lack of transport and communication infrastructure, unclear implementation of legislation, corruption, and social issues such as the presence of artisanal miners. Broadly speaking, while the investment climate in Africa’s mining sector is more favourable than in the past as a result of a better political climate coupled with better mining legislation, the new risks require more management.

“The plus side, however, is that if the management of mining companies do the right things many of these community and socially related risks can be managed,” Cattaneo says. “One can mitigate risks related to changes in regimes by forming good relationships with a variety of stakeholders including the host government, local suppliers and forming joint ventures.”

WHY NOT ALT-X FOR MINING AND EXPLORATION LISTING?

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.”

GRINAKER-LTA M&E POSITIONS ITSELF IN THE MINING CONSTRUCTION SECTOR

“One of the current bottlenecks regarding our capacity to build projects is determined by the capacity of fabricators of structural steel,” Smith says. The availability of steel and project timing impact directly on the output capacity of the workshops. It seems that the fabricator is always in a state of either feast or famine. “Late design changes also cause unnecessary rework, hampering throughput.” These are probably all symptoms of fast track 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.

BATEMAN MODULAR PROCESSING PLANTS – A CONTINUING SUCCESS STORY

“The Bateman Modular Plant has become the benchmark against which others are measured,” claims Robert Abate, Bateman General Manager, Modular Plants. “Besides a continued dominance in the market, Bateman Engineering won special mention awards in 2005 from the Southern African Institute of Steel for its drill chip sampling plant at the Venetia Diamond Mine and the dense media separation (DMS) facility at Kimberley Mines.”
Bateman modular 1
Part of Venetia’s drill-chip sampling
plant being transported by road
to site.

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.

BATEMAN MODULAR PROCESSING PLANTS – A CONTINUING SUCCESS STORY

“The Bateman Modular Plant has become the benchmark against which others are measured,” claims Robert Abate, Bateman General Manager, Modular Plants. “Besides a continued dominance in the market, Bateman Engineering won special mention awards in 2005 from the Southern African Institute of Steel for its drill chip sampling plant at the Venetia Diamond Mine and the dense media separation (DMS) facility at Kimberley Mines.”

 

BRC/Diamond- Core merger complete

[img:BRC2%20-%20Pic%201_0.jpg|Aerial view of
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.

Angolan production nudges 10 million carats

[img:Angola%20-%20Pic%201_0.jpg|Aerial view of
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.

Earnings rise and growth continues

[img:De%20Beers%20Results%20-%20Pic%201_0.jpg|“Peace in Africa” –
the first deep-sea
marine diamond
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.

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