African Diamonds Share Discussion Threads

[asmodeus] 25/11/2010 08:04

Lucara "up 6.1%", it says here. (Having fallen about 11% earlier this month, of course).

[buck316] 24/11/2010 17:26

Very quiet here. Don't you just miss Ludlow and his rants oh! and his dodgy spelling.

[chapchip] 24/11/2010 13:16

Varriob.............yes true.....LUC probably shorting their own stock!!!!!!!!!

LOL

[varrirob] 24/11/2010 13:04

By the way the LUC share has dropped a cynic would say it was always going to happen as we appreached hand over time. I would guess that it will remain that way right up until the transfer time which will mean that from a monetary perspective we will break even (hopefully) imo

[chapchip] 23/11/2010 14:27

bh..who said it hasn t........the game is still going with LUCARA.....nothing has changed really, just hold a different form of paper.....AK6 is still AK6

[euclid] 23/11/2010 13:20

Do you think the 75% will be attained Barker?

[barker haines] 23/11/2010 12:42

I'm sorry it didn't work out as you predicted Chapchip. Better luck with Lucara.

[chapchip] 23/11/2010 12:20

hhhmmm.....the alter egos are out

[euclid] 23/11/2010 10:05

Is something going to turn into a pumpkin?

[the mullah] 23/11/2010 09:50

Approaching midnight.

[varrirob] 22/11/2010 21:47

euclid - very interesting read. Certainly worth holding onto the luc shares when afd hand over. The question mark still hangs over new co.

[euclid] 22/11/2010 18:42

A new presentation here:-

[mclellan] 22/11/2010 10:23

Morning all
markfrankie- I won't be going to it, I don't think.

[markfrankie] 21/11/2010 19:31

mclellan, cc, Dml, are u guys going to the gm? i was planning on it but something has come up, so its only a maybe for me.
Any others going?

[markfrankie] 21/11/2010 19:25

Sunday 21 November 2010 | 12:18 PM


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De Beers takes its technologies to the market

by Prof Malema
18-11-2010



Debtech, the De Beers technology wing, is planning to commercialise some of its earth cutting technologies as part of the initiative aimed at bolstering the cashflow of its operations, the company said last week.

"We are looking at other means of selling some of the technologies that we have developed," head of Debtech, Domingos Valbom, said.

The company is already thinking of commercialising the Scannex-a hi-tech security scanning machine- the use of which has been restricted to Namibia and South African operations of De Beers.

The machine is likely to get support from the market at a time when the world is constantly on alert against terror attacks. The machine is able to screen the full body – including intestines – without any physical search as it is currently done at airports.

Scannex is the most advanced screening machine in the world and its radiation dosage can be monitored. The machine is currently marketed around the world and can be adopted to the world outside mining such as airports and hospitals, among others.

"We have an agreement with an American company that is helping us to get it licensed out there for us," Valbom said.

"What we have is a very simple structure and we do not want to add any structure," he added.
Some of the technologies that the company has developed include the Aquarium at Jwaneng mine and the Dense Media Separation (DMS) – which is now being marketed to mines outside the diamond industry.

The Johannesburg technology based outfit is also credited for the powering of the Vessel called "Peace in Africa", which is currently mining in deep waters of Namibia along the Atlantic Ocean. The development is the first of its kind in the history of diamond mining.
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Some of the technologies that have been developed by Debtech are being sold to competitors, other mining houses, such as African Diamonds, which aims to use it at its AK6 mine near Orapa.
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Further, the company is at an advanced stage of developing a robot that will be used in sorting of diamonds-a move that will work wonders in terms of cutting down on costs-especially those associated with manpower.

The robot, which is still being tested at Debtech offices near De Beers headquarters in Johannesburg, is going to revolutionarise the diamond industry and will also reduce chances of theft.

De Beers is 45 percent held by Anglo American, 40 percent by Oppenheimer family while the remaining 15 percent belongs to Botswana government.

[aomar] 20/11/2010 00:55

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[varrirob] 19/11/2010 22:55

Thankyou euclid. Certainly some food for thought. It would be nice to have some information from the new board nearer hand over time.

[euclid] 19/11/2010 22:22

I'm also still quite keen on finding out if any targets were identified/investigated in the Orapa north licence area.

[euclid] 19/11/2010 22:12

If you want to speculate a bit, you might wonder why one of the demerged entities (dormant) is named Botswana Coal plc.

[euclid] 19/11/2010 22:05

I haven't a clue what the intentions are re Botswana Diamonds.
However there are a number of pieces of 'unfinished business' in the Orapa area that seem to have been idle since DB fell out of the picture.
I've lost track of how many kimberlites are still extant in the licence portfolio but the obvious ones to think about are AK8, AK9 and BK5.

The March interim statement says:-

"While the focus is clearly on AK6, other opportunities are not being neglected.
We are considering joint venture proposals on two other Botswana kimberlites in our portfolio. We hope to begin detailed exploration of a third kimberlite and we are developing ideas on how to expand our Botswana presence."

Outside Botswana there is the interest in Bugeco and the DRC kimberlites whilst there is also a Zimbabwe interest, apparently, which includes ..."advanced stage diamonds licence applications in the Marange area of Zimbabwe."

Have I missed anything?

[varrirob] 19/11/2010 17:35

euclid - hope you don't mind me asking but what are your thoughts on new co. Will the new team be looking to attract new investors from the offset? I also wonder if they will announce any new finds or exploration news prior to listing.

[jibbajabba] 19/11/2010 08:31

Thanks Euclid