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…

May 21, 2012

From coal mine to classroom

Mine closure usually spells the end of communities situated in the back of beyond but, a small town in South Africa is fighting that fate with education.

May 20, 2012

Ocean phosphate mine proposed

BusinessLive, in a feature article posted Saturday, presents a good summary of efforts made thus far to advance ocean mining.

May 18, 2012

Graff Diamonds IPO should catapult the diamond king up the billionaires list

Laurence Graff, the undisputed king of uber-expensive diamonds, will earn a tidy $290 million windfall when he restructures his Mayfair-based company and will vastly boost his paper wealth when Graff…

May 17, 2012

Expat execs in Africa: Without ‘danger pay’ how does the money stack up now?

Africa's economic indicators are all pointing up, but executive pay packages and living arrangements for expatriates are changing too.

May 17, 2012

Paladin’s Malawi mine still not at full production after strike

Full production at ASX- and TSX-listed Paladin Energy’s Kayelekera uranium mine in Malawi eluded the company’s grasp as workers continued to strike, it said on Thursday.

May 17, 2012

Gold Fields Q1 earnings fall but beat market estimates

Despite reporting an 18% drop in its quarterly earnings, South Africa's Gold Fields beat market estimates as output and the bullion price in South African rand both fell.

May 17, 2012

WDC Honors Oppenheimer

The World Diamond Council has paid a special tribute to De Beers Chairman Nicky Oppenheimer at a gala dinner in Vicenza, Italy.