AngloGold Ashanti said third quarter production rose 5 percent as a result of continued improvements at its Geita mine in Tanzania and fewer safety related interruptions at its Vaal River operations in South Africa. “We continue to make breakthroughs in effecting the turnaround at Geita,” Chief Executive Officer Mark Cutifani said. “We’ve also made some strong safety gains at...
Hennie Van Wyk, the former owner and operator of the majority of the assets of Rockwell Diamonds Inc., and a holder of approximately 4.3% of Rockwell, today commented on Pala Investments Holdings’ proposed slate of directors for Rockwell. “As a shareholder of Rockwell, I have grave concerns about the current mismanagement of the company I helped create. I left Rockwell because of management’s...
Rockwell Diamonds Inc. announces that it has commenced with full scale pre-commissioning trials of its new final recovery facility at Saxendrift well ahead of the originally scheduled date of October 10, 2008. This facility comprises a large custom built vertical steel structure located immediately adjacent to the new high volume Saxendrift wet Rotary-pan plant that is in the final stages of construction....
Rockwell Diamonds Inc. reports on eight new prospecting permits granted by the South African Department of Minerals and Energy (“DME”). These new prospecting permits are located in the Middle Orange River area in the Northern Cape Province of South Africa, and include a number of permits which are adjacent to the Company’s Wouterspan and Saxendrift operations. Lanyonvale Project:...
Lonrho Mining has discovered an exceptional 61.30 carat yellow diamond at its Schmidtsdrift Mine in South Africa. The huge stone is a fancy yellow perfect octahedron and is expected to yield a high value, said Lonrho Mining, which is 23% owned by Aim-listed Lonrho. ‘This diamond is of extremely high quality and is expected to achieve a very high value. We are confident that the recently completed...