Diamond - Copperbelt Katanga Mining

Debswana to close diamond mine on weak demand says the union leader

November 8, 2020November 9, 2020 arnbethnic

Debswana Mining Company, equally owned by De Beers and the Botswana government, will close a diamond mine in the country as weak demand and trading disruption from the pandemic make the mining of lower value diamonds unviable, a union leader told Reuters on Friday. Debswana, among the world’s largest diamond producers, plans to close its Damtshaa mine in 2021 for a period of three years, said Joseph Tsimako, President of the Botswana Mine Workers Union. “The mine produces lower quality diamonds which makes it expensive to dig during this period when the market is depressed,” Tsimako said. The mine is one of four operated… Read More Here

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DRC’s Deputy Éric Ngalula addressed an oral question to the CEO of CEEC on the sale of SACIM diamonds

November 8, 2020November 8, 2020 arnbethnic

The elected representative of Kasai-Oriental said he was concerned about the extreme poverty that reigns in his province which, however, abounds in its basement of potentialities and wealth whose benefits, especially rough diamonds, are in the process of their sale. managed by the company SACIM SARL as well as the Chinese company AFEEC, which enjoy an equal participation of the Congolese State but which are struggling to honor their commitments to the Congolese State in execution of the agreement concluded on March 18, 2013 . Regarding the signed agreement, he… Read More Here

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Angola to launch diamond exchange in Luanda in 2021

November 5, 2020November 5, 2020 admin

The government of Angola said on Tuesday it has identified key steps it needs to take before launching its own diamond exchange in Luanda, which is slated to open by the end of 2021. Mining and oil minister Diamantino Azevedo said its office is currently focused on setting up a gemological academy and a technological research centre within the same free-trade zone the Angolan Diamond Bourse (ADB) will be located, African Intelligence reported. Angola, the world’s fifth diamond producer by value and no.6 by volume, appointed in June Belgian expert Peter Meeus as… Read More Here

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MP Éric Ngalula’s appeal for MIBA to take over its shares in the transformation of SACIM SARL into SA | DRC

November 1, 2020November 1, 2020 arnbethnic

National deputy Éric Ngalula seeks the involvement of the President of the Republic, Félix-Antoine Tshisekedi Tshilombo, so that MIBA takes over its shares in the transformation of SACIM SARL into SA. He believes that doing so will translate fairness and justice for this mining company. He also criticizes the attitude of the authorities at the time, who were unable to protect the interests of the Bakuanga Mining (MIBA). “In 2010, at the time of the transformation of Sengamines into SACIM, those who were supposed to protect the interests of MIBA at… Read More Here

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DRC produced 4.209 million carats of diamonds in the first 7 months of 2020

September 14, 2020September 14, 2020 arnbethnic

The diamond industry in the Democratic Republic of the Congo produced 4.209 million carats at the end of July 2020 against 7.170 million carats at the same period in 2019, a decrease of 41.3% recorded. In this 2020 production volume, there are 1.89 million carats of industrial diamonds and 2.318 million diamonds from artisanal miners. Over the whole of 2019, the DRC had produced 12.929 million carats of diamonds against 15.131 million carats in 2018. Read More Here

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Kasai provincial deputies plead for the opening of artisanal diamond mining zones

September 4, 2020September 4, 2020 arnbethnic

A group of provincial deputies from Kasai presented, Tuesday, September 2, a notebook containing several grievances, including the opening of artisanal diamond mining areas in this province in order to allow artisanal miners, commonly called diggers, to have spaces where they can exploit without constraints of the holders of mining squares. The provincial deputy, Diallo Meba Kalumba, who spoke on behalf of his colleagues, summed up DESKECO COM over the phone the content of their specifications. “We presented on behalf of the population the grievances related to their unhealthy treatment… Read More Here

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September 1, 2020September 1, 2020 admin

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Félix Tshisekedi requests for urgency release of 5 million USD for relaunch of MIBA | DRC

August 23, 2020August 23, 2020 Arnie

The President of the Democratic Republic of Congo, Félix Tshisekedi, during his communication to the 45th meeting of the Council of Ministers on Friday, August 21, echoed the urgency to release 5 million USD to allow the relaunch of MIBA (Minière de Bakwanga), in the application of decisions taken at previous meetings. Also, the Head of State said he found that MIBA has never again benefited from the revenues of the Anhui-Congo Mining Investment Company (SACIM) which operates the Tshibwe diamond deposit, in the Miabi territory, within the framework of… Read More Here

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Gem recovers 442 ct of diamond in Lesotho

August 21, 2020August 23, 2020 admin

London-listed Gem Diamonds has recovered a high-quality 442 ct Type II diamond from its Letšeng mine, in Lesotho. CEO Clifford Elphick says the recovery of the 442 ct diamond “is further confirmation of the calibre of the Letšeng mine and its ability to consistently produce large, high-quality diamonds”. A portion of the proceeds from the sale of this diamond will be used to fund a special community project, as agreed with the miner’s partner − the government of Lesotho. About Letseng Diamond Mine The Letšeng diamond mine, found in the landlocked Southern… Read More Here

Diamond Mining in DRC

Mbuji-Mayi’s TRIPAIX takes under advisement the trial of MIBA experts

August 20, 2020August 20, 2020 arnbethnic

The Mbuji-Mayi peace court, sitting last weekend in a fairground at the central prison of Mbuji-Mayi, in the prosecution case against the accused Claude Mianzuila Disimba, former diamond expert of the MIBA company, has taken under advisement this file. He is accused of defamation by the wife of the former financial director of the outgoing management committee of this mining company. According to the ACP, this judicial body has exhausted all stages of the judicial process, in accordance with the Congolese penal code. The body of the law requested the… Read More Here