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Tag: rough diamonds

Tsodilo set to advance Phase 2 of Botswana project following licence renewal

TSX-V-listed Tsodilo Resources has been granted a renewal of its prospecting licence, in Botswana, for an area which contains the company’s BK16 kimberlite project. The licence renewal was granted by the country’s Ministry of Mineral Resources, Green Technology and Energy Security, and is valid for a two-year period from October
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KZN ‘diamond rush’ unearths only quartz crystals, officials say

Unidentified stones that lured thousands of fortune seekers to a rural South African village to mine the land with picks and shovels were not diamonds as hoped, officials said on Sunday, but quartz stones with relatively low, if any, value. People from across South Africa travelled to KwaHlathi in the
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Junior diamond mining sector in trouble

The small and junior diamond mining industry in South Africa is in dire straits, says South African Diamond Producers Organisation (Sadpo) vice chairperson Lyndon de Meillon. “Over the past 16 years, we’ve lost about 90% of the companies involved in the sector and about 20 000 jobs. Covid-19 has exacerbated
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Lucara Recovers 470 Carat Diamond from the Karowe Mine in Botswana

Lucara Diamond Corp. is pleased to announce the recovery of a 470 carat top light brown clivage diamond from its 100% owned Karowe Diamond Mine located in Botswana. The diamond, measuring 49x42x26mm, was recovered from direct milling of ore sourced from the EM/PK(S) unit of the South Lobe. The 470
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Project house DRA applies for secondary inward JSE listing

The 37-year-old South Africa-rooted project house DRA Global has applied for a secondary inward listing on the JSE under the main board’s construction and materials, engineering and contracting services sector. The diversified engineering, project and operations management group – now headquartered in Australia, where it is seeking a primary ASX
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Diamcor proceeding with Krone Endora processing plant expansion

TSX-V-listed Diamcor Mining is proceeding with the expansion of processing facilities at its Krone Endora at Venetia project, in South Africa. The miner originally targeted the expansion for 2020; however, owing to the events surrounding the Covid-19 pandemic and associated public health restrictions implemented in South Africa, those plans were
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