Diamonds and Gemstones

Diamond explorer confirms bid approach

ireland.com (Free subscription) | 25/06/2008

Irish diamonds and precious metals explorer and developer West African Diamonds has confirmed a possible takeover is in the pipeline.

SearchGold Resources Inc.: SearchGold Reports That Stellar Announces First 1,000 Carats Produced From Underground Trial Mining at Kono Project in Sierra Leone

Market Wire - Manufacturing and Production (Free subscription) | 23/06/2008

MONTREAL, QUEBEC (MARKET WIRE) SearchGold Resources Inc. (TSX VENTURE: RSG)(FRANKFURT: S1O), is pleased to announce a progress update on the Kono kimberlite diamond project in Sierra Leone. The Kono project is a Joint Venture between Stellar Diamonds Ltd ("Stellar") (49%) and Petra Diamonds Limited ("Petra") (51%). SearchGold holds 2,672,629 shares of Stellar which equals to an 8.7% interest in the...

DeBeers cuts Africa in on more of diamond business

Poverty News Blog (Free subscription) | 17/06/2008

from the Dallas Morning News DeBeers S.A. managing director Gareth Penny was in the U.S. last week to visit the company's new retail outlet at NorthPark Center and to tell a Washington audience that African diamonds are improving the lives of Africans. You'd expect a chief executive whose company rises or falls on its image to talk a good game about fighting AIDS, creating jobs and sharing the wealth...

• DeBeers cuts Africa in on more of diamond business - Dallas Morning News

Uruguay Mineral Exploration Inc.: Gold Production for 2008 Financial Year

Business Wire (Free subscription) | 09/06/2008

MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Production

UME Completes Additional Purchase of Its Own Shares

EuroInvestor.co.uk (Free subscription) | 02/06/2008

Uruguay Mineral Exploration Inc ( “ the Company ” ) (TSX VENTURE:UME)(LSE:UGY) announces that on 28 and 29 May, 2008 CIBC World Markets .. - Read more

• UME Completes Additional Purchase of Its Own Shares - Business Wire

UME Purchases More of Its Own Shares

Business Wire (Free subscription) | 12/05/2008

MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Uruguay Mineral Exploration Inc (“the Company”) (TSX VENTURE:UME)(LSE:UGY) announces that on 8

African Diamonds meets with govt`s approval for mining

Palapye.com News Blog (Free subscription) | 09/05/2008

source: Mmegi WANETSHA MOSINYI Staff Writer African Diamonds has announced that it is only waiting for a mining licence for Boteti Exploration after receiving a letter from the Ministry of Minerals, Energy and Water Resources stating that its application for a licence at AK6 meets the requirements of section 51 of the Mines and Minerals Act. The diamond explorer, [...]

World cultures exhibited in Yiwu

SEO DIY (Free subscription) | 06/05/2008

Cultures and products from 28 countries are on display in China Yiwu Stationery&Arts Trade Fair. World-class goods like African diamonds, Italian oil paintings and original Brazilian crystals are no longer far away. Once you enter International Cultural Exchange Zone of the Fair, you can see various cultures of 28 countries. International Cultural Exchange Zone is set [...]

Uruguay Mineral Exploration Inc: Production Resumed after Termination of Union Blockade

EuroInvestor.co.uk (Free subscription) | 28/04/2008

Uruguay Mineral Exploration Inc ( “ the Company ” ) (TSX VENTURE:UME) (LSE:UGY) announces that during the course of last week, the Urugu.. - Read more

• Uruguay Mineral Exploration Inc: Production Resumed after Termination of Union Blockade - Business Wire

Uruguay Mineral Exploration Inc. Announces Results for the Third Quarter of Fiscal Year 2007/2008

Business Wire (Free subscription) | 09/04/2008

MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Uruguay Mineral Exploration Inc. (UME) (TSX VENTURE:UME) (LSE:UGY) today reported net profit after tax of US$5.9 million for the third quarter

Firestone upbeat on Tsabong

Palapye.com News Blog (Free subscription) | 07/04/2008

source: Mmegi BRIAN BENZA STAFF WRITER LSE-listed Firestone Diamonds has published an update on the company’s operations, with particular interest in the Tsabong Project in the southern part of Botswana, which they say is their most important project. The company, which has operations in Botswana and South Africa, noted that the independent data review it carried out concluded that [...]

• Firestone Upbeat on Tsabong - All Africa

African Diamonds Moves Forward with Botswana Mine

Palapye.com News Blog (Free subscription) | 07/04/2008

source: The Israeli Diamond 06.04.08, 11:39 / Mining African Diamonds said today the Botswana government has indicated it will proceed with the mining license for the AK6 project, a joint venture with De Beers. The AIM and Botswana-listed diamond exploration company expects the mine to be in production by the end of 2009. The Botswana government has outlined conditions [...]

Power cuts hurt Cape Diamonds

Financial Time (Free subscription) | 02/04/2008

Shares in Cape Diamonds fell 21 per cent after the miner said power cuts in South Africa had hit cash flow and cast doubt on whether it could continue as a going...

Uruguay Mineral Exploration Inc. : Additional Listing on AIM

Business Wire (Free subscription) | 28/03/2008

MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Application has today been made for the admission of 15,000 shares in Uruguay Mineral Exploration Inc. (TSX VENTURE:UME) (LSE:UGY) to trading on AIM.

Workers bring diamond mine to a halt

Mail & Guardian (Free subscription) | 27/03/2008

The National Union of Mineworkers (NUM) on Thursday said that production at the Golden Falls mine, formerly Cape Diamonds Elandslaagte mine, has been brought to a halt by mineworkers who have downed tools until they are awarded better wages. The NUM said the workers downed tools on Wednesday and were willing to strike indefinitely.