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Ch. 2: Precious Gem stones in 1908

Ch. 2: Precious Gem stones in 1908 Page of 82 Ch. 2: Precious Gem stones in 1908 Text size:minus plus Restore normal size   Mail page  Print this page
816                                          MINERAL RESOURCES.
SOUTH AFRICA.
Griqualand West.—The twentieth annual report of the De Beers Consolidated Mines a shows a large decrease in the number of loads of "blue" raised and washed and in the quantity and value of dia­monds obtained. The total production of blue ground at all the mines—De Beers, Kimberley, Wesselton, Bultfontein, and Dutoit-span—was 5,497,782 loads of 16 cubic feet, as against 9,010,686 loads in 1907, and the total quantity washed was 4,965,323 loads in 1908 as against 6,626,291 loads in 1907. The stock of blue on the floors was increased from 9,391,603 loads in 1907 to 9,955,123 loads in 1908. The number of carats of diamonds won from all the mines and from the tailings and debris was 2,177,191, as compared with 2,619,872 carats in 1907. The number of carats of diamonds won per hundred loads remained the same as in 1907 in the De Beers and Kimberley and Bultfontein mines and showed a slight decrease in the Wesselton and Dutoitspan mines. The average cost of mining and depositing the blue was lowered in the De Beers, Kimberley, and Wesselton mines and slightly increased in the Bultfontein and Dutoitspan. The cost of washing and winning the diamonds was materially lowered in all the mines. The value of the diamonds produced, calculated on the basis of diamonds sold, was £3,354,524, as compared with £6,452,597 in 1907. Owing to the severe depression in the diamond market, the output of diamonds was not all sold, and those disposed of brought a slightly lower price than in 1907. The amount dis­tributed in dividends during 1908 was £800,000, as against £2,550,000 in 1907. The payment of this amount in dividends was much to the company's credit, considering the general depressed condition of the diamond market and the fact that no diamonds were sold during the last five months of the year. By closing the De Beers and Dutoit­span mines and reducing the scale of the work at the others the opera­tions were reduced step by step to about 35 per cent of what they were during 1907. This accomplished the purpose of maintaining the price of diamonds, especially those of better grade, though the increased output of the Premier mine made this difficult. Attention is called to the fact that about 30 per cent by weight of the parcels of diamonds sold by the company contains 70 per cent of the values.
A new diamond field was proclaimed at Harrisdale, 14 miles from Kimberley, on July 16,1908,b and the best prospectswere hastily taken up. This diamond deposit consists of alluvial gravel wash, running from 4 inches to 3 feet in thickness. Water is scarce and has to be pumped from Vaal River, 7 miles off, and then carried 5 miles by donkeys. The ground was prospected by a few men before the field was opened, and £20,000 worth of diamonds were reported as won in six weeks. The diamonds are of excellent quality and average about £8 per carat.
Transvaal.—The production of diamonds in Transvaalc during the fiscal year 1908 amounted to 2,184,490 carats, valued at £1,879,551, an increase of 639,154 carats in quantity and a decrease of £323,960 in value, as compared with 1907. The production came principally from the Premier mine, though eleven other companies and the allu-
a Twentieth Ann. Kept. De Beers Consolidated Mines for year ending June 30,1908.
& Mining World, October 17,1908.
'Ann. Rept. Gov't Min. Eng., Transvaal, lftJ7.
Ch. 2: Precious Gem stones in 1908 Page of 82 Ch. 2: Precious Gem stones in 1908
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US Geol. Surv. 1908. Gemstones, Metals.
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