May 24, 2012

Rio’s Zimbabwe spin-off to acquire Murowa diamond mine

Zimbabwean miner RioZim Limited is negotiating with global giant Rio Tinto in an attempt to acquire the now jointly own Murowa diamond mine in the in south central region of…

May 23, 2012

Desert Gold reports results on drilling at the Rubaya Project in Rwanda

So far drilling confirms a continuous 1,200m mineralized zone.

May 23, 2012

De Beers leading efforts to rescue illegal miners at abandoned mine

De Beers on Wednesday launched rescue efforts for diggers who have been trapped after an illegally excavated tunnel collapsed in the diamond giant's abandoned Namaqualand mining area.

May 23, 2012

Sama Resources closes private placement of Can$4,402,394.40

The shares were issued at a price of CAN$0.60 per share.

May 23, 2012

Compass Gold releases very encouraging assay results from exploration program on Yanfolila property

Results confirm gold mineralization at the Solona target continuing at depths, as suggested by previous drilling

May 22, 2012

South African coal-to-liquid giant opens $440 million shaft

Sasol Mining produces more than 40 million tons of coal a year, with more than 90% of the coal mined being beneficiated by Sasol to produce high-quality synthetic fuels and…

May 22, 2012

Mbada Diamonds produces 12 million carats

Mbada Diamonds has produced almost 12 million carats worth half a billion dollars over the past one-and-half years after injecting total investments of only $185 million, Parliament was told yesterday.

May 22, 2012

DiamondCorp agrees on a $33.6 million loan deal with South Africa’s IDC

African DiamondCorp (LON:DCP) said its 74% owned Lace Diamond Mines, the company's primary asset in South Africa, has entered into a loan funding term sheet with the Industrial Development Corporation…

May 22, 2012

Sierra Leone ‘blood diamonds’ not forever

The west African state of Sierra Leone has taken another symbolic step away from its wartime image as the home of the "blood diamond". An Israeli-owned company has started operating…

May 21, 2012

Is post-Taylor diamond mining in Sierra Leone clean?

Charles Taylor, was convicted in April of war crimes for arming Sierra Leone's rebels in return for blood diamonds. Taylor is now awaiting sentencing and the BBC tries to find out…