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The placing shares represent approximately 9.9% of the company's issued share capital as enlarged by the placing. The net proceeds will fund ongoing diamond exploration in Botswana which is being operated by Alrosa, the company's 50:50 joint venture ...and more » Read more...
ONE of the diamond mining firms at Chiadzwa, Jinan Mining Private Limited, could have externalised about $450 million that came from Chinese investor Anhui Foreign Economic Construction (AFECC) on the pretext that it was investing in equipment. A local ...and more » Read more...
Core Mining and Mineral Resources director Mr Lovemore Kurotwi and former Zimbabwe Mining Development Corporation chief executive Dominic Mubaiwa were on Wednesday cleared of defrauding Government of $2 billion in a diamond mining deal. ... competence ...and more » Read more...
Gold and GemStone Mining Inc., formerly Global GSM Solutions, Inc., is an exploration-stage company. The Company is a mining company, which focuses on the exploration, development and production of small scale alluvial gold and diamond mining ...and more » Read more...
Thotanyana points out that diamond mining company Gem Diamonds' Letšeng mine, in the Maluti mountains, has been Lesotho's only diamond mine for many years. However, diamond resources group Namakwa's Kao diamond mine, in the Butha-Buthe ... Read more...