Afri-Can Marine Minerals Corporation (TSX VENTURE:AFA) announces that it has received conditional approval from the TSX Venture Exchange regarding the acquisition of the shares of Thyme Investment Ltd, the owner of EPL 3403 marine diamond concession in Namibia, previously announced in a press release dated October 12th, 2010.
Cornerstone Capital Resources Inc. (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (PINK SHEETS:CTNXF) announced today that the Company has been authorized by the Ministry of Non-Renewable Natural Resources - Ministerio de Recursos Naturales No Renovables to restart all exploration activities, including diamond drilling, in Loma Quinuas and Aguarongos, two of its three wholly-owned Gama prospect concessions in Ecuador.
Diamonds North Resources Ltd. (TSX VENTURE:DDN) reports 82 diamonds on or above the 0.85 millimetre sieve were recovered from 19.0 tonnes of kimberlite collected from the Beluga-3 kimberlite on the Amaruk property in Nunavut.
Zimbabwe is thinking of nationalizing all mines. The government of Zimbabwe has plans to nationalize 100% of alluvial diamond mining and 51% of other minerals as per the Indigenization and Empowerment Minister Saviour Kasukuwere.
Jwaneng, the largest diamond mine in Botswana just got an increase to its lifespan. The President of Botswana Ian Khama announced on Friday that the $3.63 billion dollar project would extend the lifespan of the mine to 2024. It was scheduled to end in 2017 before this planned expansion.
The African National Congress (ANC) demanded a state owned mining company way back in 2007 at its Polokwane conference. Now President Jacob Zuma has announced that the African Exploration Mining and Financing Corporation will become a full fledged state owned mining company.
SearchGold Resources Inc. (TSX VENTURE:RSG)(FRANKFURT:S1O) has provided a progress on Stellar Diamonds plc and its African diamond operations.
The air and sea borders of Guinea have been re-opened by Prime Minister Jean-Marie Dore ending the curfew that had been imposed. The West African nation saw street violence after elections which had led to the imposition of the curfew. The hours of the night time curfew have also been reduced from 6 pm to 6 am to 10 pm to 6 am.
Zimbabwe will not see itself free to sell its controversial Marange field diamonds if the Swiss have their way. An international development organization called “Bread for All” located in Switzerland said that the definition of “Blood Diamonds” needed to be amended to include human rights violations by government forces.
Peregrine Diamonds Ltd. (TSX:PGD) has reported a coarse diamond size distribution for a 312.2 kilogram sample of reverse circulation drill cuttings collected from the CH-44 kimberlite on the 9,800 square kilometre Chidliak project on Baffin Island, Nunavut, Canada.
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