https://newsletter.mw.creamermedia.com
Aggregate|Cleaning|Diamonds|Mining|Resources
Aggregate|Cleaning|Diamonds|Mining|Resources
aggregate|cleaning|diamonds|mining|resources

Vast Resources reports additional diamonds from historical parcel release

7th May 2025

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

Aim-listed Vast Resources reports that the Kimberly Process inspection of a diamond parcel previously held in Zimbabwe has revealed an additional quantity of diamonds in the sealed parcel, the existence of which was previously unknown.

This additional quantity contains 6 055.35 ct of gem-quality diamonds, which, together with the rest of the consignment, are currently in Dubai for final sorting in preparation for cleaning and further preparation for their sale.

As reported by Mining Weekly, the company last month announced the release of the historical diamond parcel that had been held in safe custody at the Reserve Bank of Zimbabwe by order of that country’s Supreme Court since early 2010.

With the additional diamonds, the total quantity of diamonds included in the historic parcel is now estimated to be 135 139.47 ct, of which an aggregate 36 475.26 ct have already been identified to be gem quality.

The company is selecting the first diamonds for cleaning and estimates that initial results will be available in the coming weeks.

It currently anticipates that the selling process will be conducted in a phased approach to maximise value.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 07 November 2025
Magazine round up | 07 November 2025
7th November 2025
Resources Watch
Resources Watch
5th November 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.232 0.309s - 144pq - 2rq
Subscribe Now