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 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.
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.
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.”
Gold Fields Driefontein
mine – one of many
affected by the current
power crisis]Johannesburg, South Africa --- MININGREVIEW.COM --- 4 February, 2008 - The new week is off to a promising start in terms of the power crisis which has been disrupting the mining industry for the past ten days.
– one of many in the
process of returning to
full production]Johannesburg, South Africa --- MININGREVIEW.COM --- 31 January, 2008 - Most of the major gold, platinum, diamond and other mines in South Africa are in the process of ramping up production in the hope that – in the event of no change in the electricity supply situation – their output would be back to normal by the end of next week.
Mozambique]Johannesburg, South Africa --- MININGREVIEW.COM --- 21 January, 2008 - South Africa's state-owned power utility, Eskom Holdings Ltd., will be meeting with major electricity consumers today to discuss the way forward in the light of the country’s worst ever power crisis.
Eskom chief executive Jacob Maroga will be facing top executives of his company’s top 150 power users. This includes such mining giants as BHP Billiton, Anglo American, Xstrata, Sasol, and Richards Bay Minerals.
Today’s meeting comes in the wake of a week in which “most areas of the nation were without power for between 2.5 hours and 5 hours for a fifth day as the gap between supply and demand doubled to 3 000 megawatts from yesterday”, Eskom said on its website on Friday.
These are the main findings published in the PricewaterhouseCoopers report “Mine — Riding the Wave” — a review of global trends this year in the mining industry. The annual study is now in its fourth year, and provides a comprehensive analysis of the financial performance and position of the global mining industry. It looks at 40 of the world’s largest mining companies representing over 80% of the global industry by market capitalisation, and also discusses the current global trends affecting the sector.