NEWS
COMPANY NEWS
PANDA MARINE exploration vessel the 'PETRIE-HEIN' leaving SALDANHA harbour.
PANDA MARINE Mining equipment in action
The NAMAQUALAND coast - not a soul in sight
New HANDS joining
Cameras - Action
BREAKING NEWS
Spike TV Orders ‘Diamond Divers’ Series
EXCLUSIVE: Spike TV, which has built its unscripted brand on urban series such as Auction Hunters, Repo Games and Bar Rescue, is heading for the open sea withDiamond Divers, a docu-series about men performing dangerous jobs in rough environment that is in the vein of Discovery’s The Deadliest Catch and History’sIce Road Truckers. Diamond Divers, which has received 10-episode order, hails from Undercover Boss producer Studio Lambert. It features a crew of rugged divers and sailors from Washington state who travel to the infamous Skeleton Coast off the dangerous coast of South Africa, renowned for shipwrecks, to mine for diamonds. The crew is led by Captain John, a big-game hunting, Harley-Davidson riding, hardscrabble, financially-ambitious boat captain. John’s crew members include his son, Jason, a master diver with the occasional temper like his father. The men work for Panda Marine, an international diamond mining and exploration company specializing in marine mining. Diamond Divers will go into production this fall for a
DIAMOND NEWS
Krisensichere Anlagen
16. Oktober 2011 12:49; Akt: 17.10.2011 01:13 Print
Sind Diamanten das neue Gold?
von Kerstin Eiselt - Der Goldpreis steigt und steigt. Aus Angst vor einem Crash flüchten viele Anleger in das Edelmetall. Noch härter sind nur Diamanten – ihr Preis ist geradezu explodiert
MINING WEEKLY
20 September 2011
Rough diamond demand growth to hit record this year – DeBeers
Diamond producer De Beers expects global demand growth for rough diamonds to set a new record this year on the exceptionally strong performance of its key US market and robust demand in China and India, the head of the company's distribution arm said. Despite global volatility and concerns that the global economy is sliding towards another financial crisis, demand for diamonds was unlikely to be badly impacted because of its safe-haven appeal, Diamond Trading Co (DTC) Chief Executive Varda Shine told Reuters in an interview on Monday. Full Article
MINING WEEKLY
26 th July 2011
Gem Diamonds sees record prices in H1
London-listed Gem Diamonds said on Monday that it had received record prices for rough diamonds in the first half of 2011, driven by strong supply-demand fundamentals. CEO Clifford Elphick said that supply-demand fundamentals for rough diamonds looked ever better. “Increasing consumption of diamond jewellery in the US, China and India, the lack of significant new mines coming on stream and very low stocks of rough and polished diamonds in the cutting centres is being reflected in strongly rising prices of both rough and polished diamonds.” Full Article
MINING WEEKLY
9 th July 2011
Diamond prices bounce back 40%, tempt investors
Diamond prices are now above pre-crisis levels after a 35% to 40% rise so far this year, helped by increased scarcity and an emerging role as an investment, the executive director of jeweller De Beers said. "Diamonds are more scarce than before the crisis. And there are three markets where demand is very strong: China, India and the United States," said Stephen Lussier in an interview in Friday's Il Sole 24 Ore. Full Article
MINING WEEKLY
27 th May 2011
RBC says strong price rises ahead for diamonds
Analysts at RBC Capital Markets said on Thursday diamond producers and near-term developers will likely be popping champagne corks over the next few years as surging Asian demand props up prices. In a report on the bank’s fourth yearly diamond conference in London, RBC said the outlook for rough diamond prices was “extremely positive”, as supply struggled to keep pace with growing demand in China and India, and a stabilised US market. Full Article
MINING WEEKLY
26 th November 2010
Trans Hex says latest tender nets R100m
JSE-listed Trans Hex earned R100,6-million in its latest tender sale of South African production. A total of 12 360 ct were sold at an average price of $1 145/ct at the tender, which was held in November. Full Article
MINING WEEKLY
26 th November 2010
Gem Diamonds sells two Letšeng stones for $22,7m
LSE-listed Gem Diamonds has earned $22,7-million from the sale of two large diamonds discovered at its Letšeng mine, in Lesotho. At a special tender held in Antwerp, it sold a 184-ct diamond and a 196-ct diamond, which was recovered at the mine in October and September respectively, to the South African Diamond Corporation (Safdico). Full Article
MINING WEEKLY
19 th March 2010
Key US market drags its feet as China, India lead diamond recovery
If diamonds are a girl's best friend, Chinese girls are certainly a diamond producer’s best friend. While demand for the sparkling stones is still limping along in most other countries, China is eating them up. The Asian powerhouse will double its share of global diamond jewellery demand by 2015 to 16%, RBC Capital Markets analyst Des Kilalea says. Full Article
MARINE MINING
MINING WEEKLY
31st October 2009
Miners eye sea as land resources diminish
The diminishing nature of some land-based mineral resources (the resource determines where you mine and whether you mine – not a nongovernmental organisation focus which is, in fact, a welcome interest) has increased the importance of marine mining and has reignited the interest of mining houses in this new frontier. Although Southern Africa has a relatively long history of marine mining, the focus was mostly on land-based natural resources during the commodity boom as the emphasis was placed on large volumes when weighed against the cost of mining. Full Article
