South Africa: Mining Companies Eye the Last Unspoilt Strip of the Western Cape's West Coast

Approval of two applications to prospect on the coast between the Olifants River and the Northern Cape border are pending.

SRK Mining Ltd wants to prospect for diamonds along the coastline, targeting places where diamond giant De Beers had excavated huge exploration trenches during the 1970s. She has warned that applications are being assessed on an individual basis without the government understanding the overall impact and net effect of all its various approvals.

In its documentation, the company states that part of the prospecting work will involve drilling operations with boreholes limited to a depth of 20 metres. Twelve boreholes will be drilled initially to test target areas with up to ten or so more boreholes, depending on initial results. Its final Basic Assessment Report and Environmental Management Programme documentation, including public comment, was submitted to DMRE on 19 May.SRK Mining Ltd, based in Koekenaap, wants to prospect for"general" and"alluvial" diamonds on 296 hectares and the adjacent surf zone.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mining companies eye the last unspoilt strip of the Western Cape’s west coast | BusinessSRK Mining wants to prospect for diamonds and Nekwana Trading Enterprise wants to prospect for heavy minerals, kaolin and gemstones. | GroundUp_News
Source: News24 - 🏆 4. / 80 Read more »

Mining companies eye the last unspoilt strip of the Western Cape’s west coastThe last, relatively pristine section of the Western Cape coastline between the Olifants River and the Northern Cape border is threatened by two new mining-related applications.
Source: mailandguardian - 🏆 2. / 92 Read more »

COMPANIES: Botswana and De Beers ink a last-minute, 10-year new deal on diamond salesBotswana and diamond miner De Beers announced on Saturday they had reached an ‘agreement in principle’ on a new 10-year sales agreement. This came hours after the previous sales agreement expired on Friday, 30 June, so there must have been some serious nail-biting in the boardroom.
Source: dailymaverick - 🏆 3. / 84 Read more »

COMPANIES: Mediclinic discharges its final set of results after 37 years on the JSEAfter 37 years of being listed on the JSE, the hospital group Mediclinic was delisted towards the end of May. The delisting followed a £3.7bn buyout by a consortium consisting of Remgro and Mediterranean Shipping Company (MSC).
Source: dailymaverick - 🏆 3. / 84 Read more »