De Beers to close Voorspoed mine after failing to find a buyer

De Beers is closing its Voorspoed mine after failing to find a suitable buyer for the 700,000-carats-a-year operation, but the department of mineral resources has stepped in to find a buyer before ...

Voorspoed Diamond Mining Company - evertbez.wixsite.com

The mine was worked on an extensive scale by the Voorspoed Diamond Mining Company Ltd for about five and a half years before it was closed on the grounds that it was not deemed profitable enough.

Voorspoed Mine - mining-technology.com

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 …

Voorspoed – DTC

Voorspoed Mine opened in 2008 and became South Africa's first major new diamond mine in almost 20 years. It is one of a new generation of mines that meet the …

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

Nov 27, 2017· De Beers, the world's largest rough diamond producer by value, has put its South African Voorspoed diamond mine on the chopping block The Anglo American unit, which is …

De Beers' Voorspoed diamond mine on market - polity.org.za

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 on Monday, when it invited expressions of interest from prospective buyers and appointed Standard Bank as financial adviser on the disposal process. De Beers, which is currently spending $2-billion on ...

DE BEERS GROUP TO PROCEED WITH CLOSURE OF VOORSPOED …

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 Diamond Mine – Challenges of Re-Opening a ...

Voorspoed Diamond Mine – challenges of re-opening a historical mine with an inferred resource, in Proceedings Seventh International Mining Geology Conference 2009, pp 223-230 (The Australasian Institute of Mining and Metallurgy: Melbourne). Related products. CollectionMember DiscountPDF.

Voorspoed Mine enterprise and supplier development looks ...

Voorspoed Mine enterprise and supplier development looks to the future. Whether it involves transporting workers to and from work, catering or maintenance, there is a great deal of work to be done that goes beyond the core business of diamond mining.

Voorspoed Diamond Mine Map - Northern Free State, South ...

Voorspoed Diamond Mine is a mine and is nearby to Renosterkop and Boskoppie. Voorspoed Diamond Mine from Mapcarta, the free map. Voorspoed Diamond Mine Map - Northern Free State, South Africa - Mapcarta

De Beers puts Voorspoed up for sale - BusinessLIVE

De Beers puts Voorspoed up for sale The diamond producer says it has decided to put the mine on the market to give lower-cost operators the chance to possibly extend its life beyond 2020 BL PREMIUM

Diamonds.net - Search Results

De Beers Plans to Sell South Africa Mine: De Beers is looking for offers for its Voorspoed diamond mine in South Africa, saying a lower-cost operator would

VOORSPOED MINE SOCIAL AND LABOUR PLAN 2013 Ð 2017

1.2 VOORSPOED MINE MINING RIGHT DBCM obtained a mining right in terms of Section 22 of the Mineral Petroleum Resources Development Act, 28 of 2002 (Òthe ActÓ) to mine diamonds in kimberlite for its Voorspoed Mine on 10 October 2006. As Part of the application for the above mentioned mining right, DBCM submitted a Social and Labour

Voorspoed diamond mine to close after search for bidder fails

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 the next 30 days, a suitable bid that will set ...

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

Jul 31, 2018· De Beers, the world's largest rough diamond producer by value, said Tuesday it had decided to proceed with the closure and rehabilitation of its Voorspoed diamond mine …

South Africa – DTC

The discovery led to a diamond rush that stretched from South Africa to span the globe. South Africa launched the modern diamond industry and was the world's leading supplier of diamonds for decades. During the tail-end of the 1800s, the mining town of Kimberley produced around 95 per cent of the world's diamonds.

Current vacancies – De Beers Group

Please note that there is currently false advertising in circulation suggesting that De Beers Group is offering Learnership opportunities in South Africa.

Diamonds.net - De Beers to Shut Voorspoed Mine

Jul 31, 2018· Voorspoed is one of the miner's two South African projects. The second, Venetia mine, is located in Limpopo Province. The company has recently invested $2 billion to transition that asset to an underground mining venture, which will extend its operating life into the 2040s.

De Beers' Voorspoed diamond mine on market - Mining Weekly

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 ...

Voorspoed mine soCiAL And LABoUr pLAn 2013 – 2017

1.2 voorsPoed mIne mInIng rIgHt DBCM obtained a mining right in terms of Section 22 of the Mineral Petroleum Resources Development Act, 28 of 2002 ("the Act") to mine diamonds in kimberlite for its Voorspoed Mine on 10 October 2006. As Part of the application for the above mentioned mining right, DBCM submitted a Social and Labour

De Beers to close Free State mine - DFA

Aug 01, 2018· JOHANNESBURG – Diamond producer De Beers Consolidated Mines (DBCM) yesterday said it had decided to close its Voorspoed Mine in the Free State after it failed to find a suitable bidder. The group said the decision followed an extensive, transparent and comprehensive disposal process, which involved a rigorous due diligence exercise by the bidders to […]

Voorspoed Mine, Kroonstad, Fezile Dabi District, Free ...

Voorspoed Mine, Kroonstad, Fezile Dabi District, Free State, South Africa : A small diamond mine in a kimberlite pipe, owned by De Beers. The pipe forms part of a cluster of eleven intrusions, most of which are uneconomic. It was discovered in 1906 and worked for about 5 ...

Voorspoed ramps up | Miningreview.com

Nov 25, 2008· De Beers' first new diamond mine to be built in South Africa since Venetia two decades ago, the R1.3 billion Voorspoed mine in the Free State, is expected to produce 800,000 carats a year when in full production. The sod turning ceremony for the project took place in October 2006, the main construction of the Voorspoed mine by Murray & Roberts Cementation was completed by April 2008, …

De Beers Begins Closure of Voorspoed Diamond Mine | INN

Mega diamond producer De Beers announced earlier this week it will begin the process of shutting down production at the Voorspoed diamond mine in South Africa. Mega diamond producer De Beers ...

De Beers to sell Voorspoed - Mining Journal

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; 27 ...

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

For diamond mining giants De Beers, the Voorspoed Mine has proved an unmitigated success in the 5 years since re-opening, with recent efficiency initiatives being driven by a diverse workforce, rather than management. The Voorspoed mine is an open pit diamond mine located about 30 kilometres north-east of Kroonstad, in the Free State.

De Beers Opens Voorspoed Diamond Mine - JCK

South Africa is the home of the modern diamond mining industry following the discovery of diamonds in 1866. Voorspoed is the first De Beers mine to be opened in South Africa since DBCM entered into the groundbreaking BBBEE transaction with Ponahalo in 2006.

What's on the table for diamonds in 2018? - Mining Journal

De Beers' Voorspoed mine in South Africa, Gem Diamond's Ghaghoo mine in Botswana, and previous-Rio Tinto diamond project Bunder, are all up for sale and could have new owners in 2018;

Voorspoed diamond mine - Wikipedia

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

Jul 31, 2018· 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.