Page 6 - Jagersfontein Developments News Today

The 150-year-old mine belongs to Richemont-controlled Jagersfontein Development, which acquired it from De Beers in 2010.

The company owning the mine whose waste dam collapsed in the Free State says it has set aside R20m to help the people affected by the disaster.

By Nelson Banya

(Reuters) - South African authorities shut down the Jagersfontein diamond tailings dam in 2020 due to high water levels before allowing it to reopen last year, a company official said on Monday, a day after the dam burst, killing at least one person and injuring 40.

Stargems Group, a Dubai-based diamond merchant, said it’s probing the collapse of a dam containing mining waste in South Africa that triggered heavy flooding and resulted in three people dying and property being damaged.

The collapse of the dam triggered heavy flooding and resulted in three people dying and property being damaged.

First Element reports extremely strong results from their Antwerp sale of Jagersfontein Developments and Rooipoort Developments production which closed on Monday (23rd May) at the Antwerp Tender Facility. 100% of the parcels on offer were sold with increases in prices seen across all categories, especially in the smaller goods. There were 112 companies who placed bids with 62 of them being successful. “It appears that the diamond market has recovered exceptionally well after the uncertainty se...