de beers voorspoed mine not for sale exploration

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

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 Mineral Resources, some for two years ...

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

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’s life through additional push-backs was reviewed and determined unviable).

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

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 Mineral Resources, some for two years.

Voorspoed – De Beers Group

In November 2017, De Beers Group announced it was seeking expressions of interest from potential buyers of the mine. The decision was taken with the aim of providing an opportunity for lower-cost operators to extend the life of the mine beyond 2020, thereby offering continued employment and economic activity in the host community.

De Beers to sell Voorspoed - Mining Journal

Sale represents an opportunity for lower-cost ... De Beers wants to sell its Voorspoed mine in South Africa ... SPONSORED. Sarama right in the middle of big exploration, corporate build-up. SPONSORED

De Beers' Voorspoed up for sale to potential buyers

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 ...

De Beers Voorspoed Mine - The International Resource Journal

De Beers Voorspoed Mine. VIEW BROCHURE 0. ... “We use our own exploration expertise to find new kimberlites, we mine the diamonds, we sort the diamonds and we sell our rough diamonds. We do not cut and polish the diamonds, we do not manufacture jewellery however we do market polished diamond jewellery and ultimately sell through the De Beers ...

Voorspoed - Mining Atlas

Significant sampling programmes were carried out in the 1960 s and the 1970s, and following the approval of the New Order Mining Licence in 2006, De Beers Consolidated Mines, through project alliance partner, Murray and Roberts Ltd, started with site establishment and construction of the new Voorspoed Mine. Voorspoed will be operational for 12 ...

DE BEERS GROUP TO PROCEED WITH CLOSURE OF VOORSPOED MINE

De Beers Group today announced that the De Beers Consolidated Mines Proprietary Limited (DBCM) Board has taken the decision to proceed with the responsible closure and rehabilitation of Voorspoed Mine in the Free State Province.

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 advanced diamond processing technology.

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

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’s life through additional push-backs was reviewed and determined unviable).

De Beers puts Voorspoed up for sale - BusinessLIVE

De Beers puts Voorspoed up for sale ... De Beers has the Venetia mine in Limpopo where it is spending $2bn developing an underground mine at its open pit operation. This will be its last mine in ...

De Beers suspends exploration budget - BusinessLIVE

De Beers, which will be down to a single mine in South Africa from 2020, has 54 exploration applications stuck with the Department of Mineral Resources, some for two years, and has suspended its ...

De Beers Voorspoed mine partners in a multi-million rand ...

De Beers Group’s Voorspoed mine has partnered with Ngwathe Local Municipality to create a better future for the elderly by committing to build a new old age facility for Ratang Maqheku Centre for the Aged in Parys, Free State Province.

De Beers to close Voorspoed - Mining Magazine

De Beers Group said it is embarking on the closure process in consultation with its key stakeholders - employees, the union, host communities and the Department of Mineral Resources (DMR) - while continuing to uphold the highest safety standards at the mine until its closure at the end of this year.

De Beers Voorspoed Mine: A jewel in the heart ... - TheSA-Mag

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.

Voorspoed - Mining Atlas

Significant sampling programmes were carried out in the 1960 s and the 1970s, and following the approval of the New Order Mining Licence in 2006, De Beers Consolidated Mines, through project alliance partner, Murray and Roberts Ltd, started with site establishment and construction of the new Voorspoed Mine. Voorspoed will be operational for 12 ...

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 advanced diamond processing technology.

De Beers’ Voorspoed diamond mine on market

The decision of diamond giant De Beers to place its Voorspoed diamond mine on the market opens the way for a lower-cost operator to buy the mine and potentially extend its life, the company said ...

Kroonstad Mining Company • Bryanston • Gauteng •

De Beers Voorspoed Mine – Open Cast Mining (Kroonstad) De Beers DebTech – R&D for Diamond Mining (Johannesburg) Anglo Platinum Bafokeng Rasimone Platinum Mine (BRPM ... REQUEST TO REMOVE Kroonstad

De Beers Voorspoed mine partners in a multi-million rand ...

De Beers Group’s Voorspoed mine has partnered with Ngwathe Local Municipality to create a better future for the elderly by committing to build a new old age facility for Ratang Maqheku Centre for the Aged in Parys, Free State Province.

De Beers puts Voorspoed mine up for sale | IOL Business Report

JOHANNESBURG - De Beers, the world’s biggest diamond producer, said yesterday that it was placing its Voorspoed mine in Kroonstad, Free State, up for sale, to give lower-cost operators the ...

De Beers decides to close Voorspoed | IOL Business Report

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, good standing in the market, the ability to ...

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

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 ...

De Beers spends $100m a year on exploration | Business | M&G

De Beers spends $100m a year on exploration ... in partnership with Ponahalo—has succeeded in obtaining its licence conversion to new order mining rights for the Voorspoed mine in the Free State ...

De Beers Currently Blocked from Diamond Exploration in ...

De Beers Currently Blocked from Diamond Exploration in South Africa. Mining and Exploration. ... ll break that impasse and that we’ll go back to greenfields exploration because we need to find that next diamond mine, not just in De Beers, but in De Beers in South Africa.” ... De Beers Exploration Government South Africa

De Beers Looking for Buyer for Voorspoed | National Jeweler

London--De Beers Group announced Monday that it is looking for a buyer for its Voorspoed mine in South Africa. It’s an open-pit mine in the country’s Free State Province that opened in 2008 and is known for producing large white and fancy color diamonds.

De Beers’ Voorspoed mine initiates Kroonstad entrepreneur ...

JOHANNESBURG (miningweekly.com) – Diamond miner De Beers’ Voorspoed mine on Friday officially unveiled its Incubation Support Programme for small, medium-sized and microenterprises (SMMEs) at ...

De Beers shakes up leadership after SA-Canada tie-up ...

She worked her way up from being an ore processing engineer at the Cullinan diamond mine to general manager for De Beers Kimberley Mines and Voorspoed mine to senior vice-president for De Beers ...

Voorspoed diamond mine - Wikipedia

De Beers: The Voorspoed mine is one of the largest diamond mines in South Africa and in the world. The mine is located in the center of the country in Kroonstad, Free State. The mine has estimated reserves of 10 million carats of diamonds and an annual production capacity of 800,000 carats.

De Beers Puts Voorspoed Mine (S.A.) on Market, Looking For ...

De Beers Puts Voorspoed Mine (S.A.) on Market, Looking For Buyers. Mining and Exploration. 27/11/2017 12:58. De Beers Group today announced it is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State, South Africa. "After evaluating a range of options, the decision to place Voorspoed mine on the ...

Diamonds.net - De Beers to Shut Voorspoed Mine

De Beers will close its Voorspoed mine in South Africa, after an extensive search failed to turn up a suitable buyer, it said Tuesday. The company’s South Africa business, De Beers Consolidated Mines (DBCM), began looking for a buyer for the asset last year, after determining that a...

De Beers spends $100m a year on exploration | Business | M&G

De Beers spends $100m a year on exploration ... in partnership with Ponahalo—has succeeded in obtaining its licence conversion to new order mining rights for the Voorspoed mine in the Free State ...

De Beers to run 30-day search in last gasp effort to save ...

DE BEERS has abandoned its formal process of finding a buyer for Voorspoed, the Free State province mine the diamond group said in November it viewed as non-core. The plan was that an operator with a lower cost structure or a different mining approach would be able to take over and extend Voorspoed’s life to 2020.

De Beers Currently Blocked from Diamond Exploration in ...

De Beers Currently Blocked from Diamond Exploration in South Africa. Mining and Exploration. ... ll break that impasse and that we’ll go back to greenfields exploration because we need to find that next diamond mine, not just in De Beers, but in De Beers in South Africa.” ... De Beers Exploration Government South Africa

De Beers spending more on South African diamond exploration

JOHANNESBURG (miningweekly.com) – Diamond mining company De Beers Consolidated Mines (DBCM) is spending more on exploration as it searches for a new diamond mine to augment its two existing South African diamond mines – Venetia, in Limpopo province, and Voorspoed, in the Free State.

De Beers hopes to explore in Angola - Miningmx

De Beers said it had applied for an exploration concession in Angola and hoped to also start exploration in India. ... DE BEERS hopes to start exploration in Angola before the year-end, ... De Beers puts Voorspoed mine up for sale. Mick Davis speculated to be Rio Tinto’s preferred new chairman.

Branch: De Beers Consolidated Mines Ltd (Voorspoed Mine) | L2B

De Beers Consolidated Mines Ltd (Voorspoed Mine) : Branch Description Private Developer. Sorting, valuation and sale of rough diamonds to Sightholders, Marketing and sale of polished diamonds and diamond jewellery to consumer markets, Development of synthetic supermaterials for industrial applications.

Black Labor Exploitation by Rhodes & De Beers from 1870 ...

By the 1880s, De Beers had seized control of Kimberly mine through devious takeovers, buyouts and consolidations. In March 1888, the De Beers Consolidated Mines Limited was incorporated as a major holding company and by 1891; they had a monopoly over diamond trade at Kimberly. De Beers was created by Cecil John Rhodes.

De Beers seeks buyers for Voorspoed mine | Global Mining ...

Diamond producer De Beers Group is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State, South Africa. After evaluating a range of options, De Beers Group reported it has decided to place Voorspoed mine on the market in order to provide the ...