de beers voorspoed mine not for sale exploration

de beers voorspoed mine not for sale exploration

Without sale, De Beers on track to close Voorspoed in 2020

Dec 01, 2017  De Beers Consolidated Mines’ Voorspoed operation in the Free State province, which has produced around 700 000 carats a year since production started in 2008, is approaching the end of its life and is due to close early in 2020 (the option to extend the mine

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De Beers puts South Africa’s Voorspoed mine up for sale ...

Nov 27, 2017  De Beers itself, which will be down to a single mine in South Africa after the sale of Voorspoed, has 54 exploration applications stuck with the Department of

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De Beers' Voorspoed up for sale to potential buyers

Nov 27, 2017  De Beers Group is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State. After evaluating a range of options, the decision to place Voorspoed mine on the market has been taken to provide the opportunity for responsible lower-cost operators to employ a different operating model that could potentially extend the mine

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DE BEERS GROUP TO PROCEED WITH CLOSURE OF VOORSPOED

Jul 31, 2018  Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with mining operations in ...

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De Beers to sell Voorspoed - Mining Journal

Nov 27, 2017  De Beers Group is looking for potential buyers for its Voorspoed diamond mine in South Africa’s Free State province. De Beers wants to sell its Voorspoed mine in South Africa Finance > M-a

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De Beers Looking for Buyer for Voorspoed National Jeweler

Nov 29, 2017  De Beers said it is a looking to sell the mine to a “lower-cost operator” that could extend its operating life beyond 2020. Voorspoed is one of two mines De Beers operates in South Africa. The other is the Venetia mine in Limpopo Province, an open-pit mine that is being taken underground at a cost of 20 billion South African rand ($1.46 ...

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De Beers ready to begin South Africa’s Voorspoed mine ...

Jul 31, 2018  De Beers itself, which will be down to a single mine in South Africa after the closure of Voorspoed, has 54 exploration applications stuck with the Department of

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De Beers Voorspoed Mine: A jewel in the heart of Free ...

The Voorspoed mine is an open pit diamond mine located about 30 kilometres north-east of Kroonstad, in the Free State. It has a rich history dating back to 1906 and was acquired by De Beers in 1912 from Voorspoed Mining Company, although De Beers did not operate the mine immediately; remarkably the site remained dormant for almost a whole century.

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Voorspoed Mine - Mining Technology Mining News and Views ...

De Beers bought the mine in 1912 from Voorspoed Diamond Mining. The company did not take up operations at the mine. However, sampling was done in the 1960s and 70s. The company received a new order mining licence in October 2006 and exploration started with

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Digging deep for diamonds in the Northern Cape

Feb 08, 2018  Since it announced last year it would be putting its Voorspoed mine up for sale, the group has only one operating mine in SA, Venetia in Limpopo. ... De Beers will resume exploration

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De Beers to sell Voorspoed - Mining Journal

Nov 27, 2017  De Beers Group is looking for potential buyers for its Voorspoed diamond mine in South Africa’s Free State province. De Beers wants to sell its Voorspoed mine in South Africa Finance > M-a

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De Beers decides to close Voorspoed - iol.co.za

Aug 01, 2018  De Beers put Voorspoed up for sale in November, saying it was looking for investors that have the experience and technical skills to operate the mine

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De Beers’ diamond exploration grinding to halt on ...

Oct 05, 2017  When its Voorspoed diamond mine in the Free State reaches the end of its life in 2020, lack of augmentation will mean that the company, which has been synonymous with diamonds since 1888 and which is eager to continue its exploration programme, will be down to one South African mine. “We, as De Beers, believe that South Africa is highly ...

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De Beers Currently Blocked from Diamond Exploration in ...

Oct 09, 2017  In a recent interview with Mining Weekly Online, De Beers Consolidated Mines (DBCM) CEO Phillip Barton bemoaned the lengthy delay in processing their 54 prospecting licences in South Africa, citing the new Mining Charter (still on hold) and issues with South Africa’s Department of Minerals Resources (DMR), which are effectively blocking them from diamond exploration in the country.

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De Beers to close Voorspoed - Mining Magazine

Jul 31, 2018  De Beers will proceed with the responsible closure and rehabilitation of the Voorspoed mine

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Acacia signs $1m Burkina Faso exploration deals - Miningmx

Apr 10, 2015  Total planned exploration expenditure this year is forecast to be $20m. ... De Beers puts Voorspoed mine up for sale. ... The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists.

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De Beers merges SA and Canada mines into single business

Feb 25, 2019  With the Voorspoed mine in SA on the cusp of closure, De Beers will have just one mine in SA, the Venetia mine, which is in a $2bn project to move to

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De Beers’ diamond exploration grinding to halt on ...

Oct 05, 2017  The exploration programme of De Beers Consolidated Mines (DBCM) is grinding to a halt owing to the ongoing issues the iconic diamond mining

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UPDATE 2-De Beers wins new order SAfrica mining rights ...

Feb 06, 2008  De Beers, 45 percent owned by Anglo American Plc AAL.L, also received mining order rights for its new Voorspoed mine, which the firm expects will produce 1

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De Beers: Results for the year ended 31 december 2007

Dec 31, 2007  On 16 April 2007, De Beers concluded an agreement of sale in respect of its 50% interest in Gope Exploration Company which resulted in a profit of US$17 million. In the prior year, De Beers Canada concluded the sale of its 42 per cent participating interest in the Fort a La Corne Joint Venture to Shore Gold Inc for C$180 million (US$155 million ...

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De Beers Diamond Sales Down 3% in 2007 – JCK

Feb 08, 2008  Voorspoed is expected to produce 0.7 million carats annually. * Boteti Exploration Company, the joint venture between De Beers, African Diamonds Plc and Wati Ventures, has filed for a mining licence for AK06, a kimberlite in the Orapa region of Botswana. AK06 has an estimated reserve of 11.1 million carats.

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Voorspoed Property : Farms for sale in Voorspoed ...

Articles Relating To Voorspoed Diamonds let Kroonstad market shine As production in mining magnate De Beers' R1,2 billion Voorspoed diamond mine in Kroonstad gathers momentum, home buyer volumes in the area are also swelling. New Atlantic Seaboard micro-studios from R1.1m perfectly suited for the 'city-based modernist' Blok has launched its latest Cape Town development ONE26 ON M, which it ...

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Proposed End Land Use Plan for Voorspoed Diamond Mine

This report presents a proposed End Land Use Plan (ELUP) for the De Beers’ Voorspoed Diamond Mine, which is located approximately 35 km north of the town of Kroonstad in the Free State Province, South Africa. The mine has commenced closure-planning work ahead of anticipated mine closure in 2021, and this ELUP forms an integral part of the closure

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De beers secures future for kimberley mines – De Beers Group

Dec 01, 2015  De Beers Consolidated Mines Tel: +27 83 554 8777 Email: [email protected] About The De Beers Group of Companies De Beers is a member of the Anglo American plc group. Established in 1888, De Beers is the world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds.

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De Beers decides to close Voorspoed - iol.co.za

Aug 01, 2018  De Beers put Voorspoed up for sale in November, saying it was looking for investors that have the experience and technical skills to operate the mine

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De Beers to close Voorspoed - Mining Magazine

Jul 31, 2018  De Beers will proceed with the responsible closure and rehabilitation of the Voorspoed mine

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Why diamonds will run out sooner than you think - BDI

Apr 06, 2015  Voorspoed mine has life only till 2021. Venetia mine has already exhausted its open pit resources. De Beers is ending its Kimberly operations, is currently retreating its tailing dump and the mine would come to end of life in 2018. No New Mines. No new economically viable mine has been discovered since last 2 decades.

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Voorspoed Property : Farms for sale in Voorspoed ...

Articles Relating To Voorspoed Diamonds let Kroonstad market shine As production in mining magnate De Beers' R1,2 billion Voorspoed diamond mine in Kroonstad gathers momentum, home buyer volumes in the area are also swelling. New Atlantic Seaboard micro-studios from R1.1m perfectly suited for the 'city-based modernist' Blok has launched its latest Cape Town development ONE26 ON M, which it ...

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De Beers Diamond Sales Down 3% in 2007 – JCK

Feb 08, 2008  Voorspoed is expected to produce 0.7 million carats annually. * Boteti Exploration Company, the joint venture between De Beers, African Diamonds Plc and Wati Ventures, has filed for a mining licence for AK06, a kimberlite in the Orapa region of Botswana. AK06 has an estimated reserve of 11.1 million carats.

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De Beers: Results for the year ended 31 december 2007

Dec 31, 2007  On 16 April 2007, De Beers concluded an agreement of sale in respect of its 50% interest in Gope Exploration Company which resulted in a profit of US$17 million. In the prior year, De Beers Canada concluded the sale of its 42 per cent participating interest in the Fort a La Corne Joint Venture to Shore Gold Inc for C$180 million (US$155 million ...

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De Beers inviting bids for life-extending takeover of ...

May 21, 2015  After extensive studies in the 1990s, De Beers commissioned the R780-million Combined Treatment Plant (CTP) in 2003 and has continued to contribute to extending the life of the now-for-sale ...

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Finance, Advice - Property for Sale: Houses for sale ...

Aug 02, 2007  As production in mining magnate De Beers' R1,2 billion Voorspoed diamond mine in Kroonstad gathers momentum, home buyer volumes in the area are also swelling. The third largest town in the Free State, Kroonstad is already feeling the benefits of the mine, which is expected to reach full production in the second quarter of 2009, says Annelie Botha, principal of Acutts Kroonstad.

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2018 Global Diamond Industry Primer - Paul Zimnisky ...

Dec 18, 2017  De Beers’ Voorspoed mine in South Africa, Gem Diamond’s (LSE: GEMD) Ghaghoo mine in Botswana, and previous-Rio Tinto (LSE: RIO) diamond project, Bunder, are all up for sale and could have new owners in 2018; As production at De Beers’ and Mountain Province Diamonds’ (TSX: MPVD) Gahcho Kué mine approaches deeper depths in 2018, more ...

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De Beers strategy presentation 2005 - SlideShare

May 30, 2016  De Beers strategy presentation 2005 1. The continuing transformation of De Beers - a case study - Presentation to: Executive MBA Study Tour of South Africa Tanaka Business School, Imperial College, London, UK 4th April 2005 By: James AH Campbell B.Sc. (Hons) ARSM MBA (Dunelm) Dipl Datm (UNISA) MIMMM C.Eng C.Sci Pr.Sci.Nat. General Manager, Exploration Services De Beers

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Allafrica South Africa De Beers To Sell Cullinan Mining ...

20161012 De Beers, which spent 111 million in 2003 on exploration, began prospecting in Canada in the late 1970s, but its first mine at Snap Lake did not come on stream until 2008. And the Snap Lake property was not discovered by De Beers, despite a payroll supporting some of the best diamond geologists in the world.

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Paul Zimnisky’s 2018 Global Diamond Industry Primer The ...

Dec 19, 2017  De Beers’ Voorspoed mine in South Africa, Gem Diamond’s (LSE: GEMD) Ghaghoo mine in Botswana, and previous-Rio Tinto (LSE: RIO) diamond project, Bunder, are all up for sale and could have new owners in 2018; As production at De Beers’ and Mountain Province Diamonds’ (TSX: MPVD) Gahcho Kué mine approaches deeper depths in 2018, more ...

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De Beers 2007 Rough Sales Plummet 3.7% to $5.92 Bln, Posts ...

On 16 April 2007, De Beers concluded an agreement of sale in respect of its 50% interest in Gope Exploration Company which resulted in a profit of US$17 million. 9. In the prior year, De Beers Canada concluded the sale of its 42 per cent participating interest in the Fort a La Corne Joint Venture to Shore Gold Inc for C$180 million (US$155 ...

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Voorspoed diamond mine to close after search for bidder fails

Jul 31, 2018  The Voorspoed diamond mine in the Free State is scheduled to close by year-end if the Department of Mineral Resources (DMR) is unable to secure, in

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