Nearby Location News
Rockwell sells noncore Tirisano mine for R60m 2015-03-30Dual-listed Rockwell Diamonds has entered into an agreement to sell its noncore Tirisano project, in the North West, to a mining consortium for R60-million. The consortium, comprising royalty miners that have operated the mine for the last two years, would acquire the entire issued share capital, together with claims on loan account in Rockwell’s 100% owned subsidiary Etruscan Diamonds.
General 2015-05-10The Lichtenburg section of the Bakerville diamond fields was "officially" discovered in 1926. Total recorded production from the Transvaal alluvial diamond fields, up to 1989, was 10.8Mcts, of which 7.5Mcts (70%) came from the Lichtenburg field. Production reached a peak in about 1931, and gradually tailed off since then. In the late 1970's, approximately 30 small-scale diggers were recovering about 650cts per year. Interest in the area was renewed in the 1980s with the release of a government survey report which indicated that undiscovered diamondiferous gravels may occur beneath sand cover within sinkholes and channels outside of the known major runs.