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09-Oct-2017
(Official Notice)
01-Sep-2017
(Official Notice)
Trans Hex shareholders (?Shareholders?) are advised that the company has issued a notice to the National Union of Mineworkers (?Notice?) and, effective from 1 September 2017, will be entering into a consultation process, in accordance with section 189 of the Labour Relations Act, No 66 of 1995, with regard to potential retrenchments at its Baken Mine. The mine, which has been in operation for more than 45 years, currently employs 332 employees.



The company has made every effort to sustain operations at Baken, however the mine?s low carat production and subsequent financial losses are now considered to be unsustainable. Baken incurred a loss of R35,8 million in the 2017 financial year and an approximate loss of R46,5 million for the period April ? July 2017.



In terms of the Notice, it is envisaged that operations at Baken will continue during the consultation process and that the mine will then be placed on care and maintenance effective from 1 November 2017.
22-Aug-2017
(Official Notice)
Trans Hex shareholders are advised that Mr Albertus Marais has been appointed as an alternate director to Mr Quinton George, with effect from 21 August 2017.
04-Aug-2017
(Official Notice)
Trans Hex shareholders (?Shareholders?) are advised that at the 37th Annual General Meeting (?AGM?) of Shareholders held on Friday, 4 August 2017, all the ordinary and special resolutions, as set out in the notice of AGM dated 30 June 2017, were approved by the requisite majority of votes of Shareholders present or represented by proxy.
21-Jul-2017
(Official Notice)
Trans Hex shareholders are advised that Mr Quinton George?s designation has changed from non- executive director to independent non-executive director with effect from 18 July 2017.



Mr Quinton?s change in designation follows a review of his independence in line with the JSE Ltd. Listings Requirements, as read with King IV Report on Corporate Governance for South Africa 2016.
30-Jun-2017
(Official Notice)
Notice is hereby given that the company?s 37th annual general meeting of shareholders (?Annual General Meeting?) will be held at the company?s registered offices, 405 Voortrekker Road, Parow, Cape Town on Friday, 4 August 2017 at 10:00, to transact the business as stated in the Notice of Annual General Meeting of the company, which will be distributed to shareholders, today, Friday, 30 June 2017.



Salient dates

*Record date to determine which shareholders are entitled to receive the Notice of Annual General Meeting - Friday, 23 June 2017

*Last day to trade in order to be eligible to attend and vote at the Annual General Meeting - Tuesday, 25 July 2017

*Record date to determine which shareholders are entitled to attend and vote at the Annual General Meeting - Friday, 28 July 2017

*Forms of proxy for the Annual General Meeting to be lodged by 10:00 on Wednesday, 2 August 2017*

* Any forms of proxy not lodged by this date and time must be handed to the Chairman of the Annual General Meeting before the appointed proxy exercises any of the relevant shareholder?s rights.



No change statement

Shareholders are advised that the full Integrated Annual Report, including the annual financial statements for the year ended 31 March 2017, is available on the company?s website at www.transhex.co.za from today. The annual financial statements for the year ended 31 March 2017 contain no modifications to the audited results released on SENS on Tuesday, 20 June 2017.
20-Jun-2017
(C)
15-Jun-2017
(Official Notice)
Trans Hex is currently finalising its results for the 12 months ended 31 March 2017 (?Results?), which are expected to be released on SENS on or about 20 June 2017.



Results in this trading statement are compared with results for the 12 months ended 31 March 2016 (?Previous Corresponding Period?).



The group expects to report:

*loss per share of 173.5 cents compared to a loss per share of 94.4 cents in the previous corresponding period, representing an increase of 83.79%; and

*headline loss per share of 114.6 cents compared to a headline loss per share of 56.9 cents in the previous corresponding period.



The following salient points will be fully reported upon when the group releases its Results:

*Group net loss amounted to R182.6 million (2016: loss of R100.8 million).

*Sales revenue from the wholly owned South African operations decreased by 19.5% compared to the previous corresponding period to R540.2 million (2016: R671,4 million).

*Gross loss from South African land operations amounted to R91.5 million (2016: loss of R6.8 million).

*Impairment charges in respect of the Lower Orange River operations amounted to R27.4 million (2016: R55.1 million).

*Equity accounting loss from West Coast Resources (Pty) Ltd .amounted to R71.3 million (2016: loss of R13.6 million), including the group?s share of an impairment charge to mining rights after tax of R43.4 million.

*Equity accounting profit from Somiluana Mine in Angola amounted to R52.3 million (2016: loss of R15.8 million).

*The group?s net cash position at the end of the year was R225.4 million (2016: R353.5 million).

*Net asset value per share amounted to 337.0 cents (2016: 506.0 cents).



The financial information on which this trading statement is based has not been reviewed and reported on by the company?s auditors.

13-Jun-2017
(Official Notice)
Trans Hex shareholders are advised that Mr James Gurney has been appointed as an alternate director to Mr Marco Wentzel, with effect from 12 June 2017.
08-May-2017
(Official Notice)
Trans Hex shareholders (?Shareholders?) are advised that Mr Athol Rhoda has been appointed as an independent non-executive director of the Company and Chairman of the Audit and Risk Committee and the Human Resources and Social - Ethics Committee with effect from 8 May 2017.



Shareholders are further advised that Messrs Marco Wentzel, Piet Viljoen and Quinton George, who are non-executive directors of the Company, have been appointed as members of the Audit and Risk Committee and the Human Resources and Social - Ethics Committee with effect from 8 May 2017.
31-Mar-2017
(Official Notice)
Trans Hex shareholders (?Shareholders?) are advised of the following changes to the board of directors of the Company (?Board?) with effect from 31 March 2017:

- the retirement of Messrs Bernard van Rooyen and Alwyn Martin; and

- the resignations of Messrs Richard Tait and Leon van Schalkwyk and Ms Boipelo Lekubo.



Shareholders are further advised that Mr Marco Wentzel, who is a non-executive director of the Company, has been appointed as Chairman of the Board with effect from 1 April 2017. The composition of the Board and sub-committees is currently being reviewed by the Company and a further announcement in this regard will be made to the market in due course.
23-Feb-2017
(Official Notice)
Trans Hex provided an update in respect of its latest diamond production and sales.



Production

Production at the Group?s South African operations amounted to 11 356 carats for the four months ended 31 January 2017.



West Coast Resources (in which Trans Hex has a 40% stake) produced 26 030 carats in the same period.



Production at Somiluana Mine in Angola, in which Trans Hex holds a 33% stake, totalled 31 460 carats for the four months.



Sales

The Group?s October 2016, December 2016 and Fe



Six single stones were sold for more than USD10 000 per carat, including a four carat stone from Baken Mine which sold for USD27 245 per carat.



Sales for West Coast Resources amounted to R83,9 million, with production fetching an average price of USD158 per carat.



Somiluana Mine realised a total of USD30,2 million from the five sales since September 2016 (57 960 carats at an average price of USD521 per carat).



The next sale of South African production will be held in March 2017. Somiluana conducts monthly sales.



Market

Market conditions have improved and trading volumes have returned to normal after the year-end break following reports of increased manufacturing capacity.



Rough diamond demand is anticipated to remain strong for the rest of 2017, however trading remains cautious in the medium term amidst tight liquidity.



The Group expects to release its annual financial results for the year ending 31 March 2017 on or about 2 June 2017.
17-Jan-2017
(Official Notice)
Trans Hex shareholders (?Shareholders?) are advised that Mr Theunis de Bruyn has resigned as a non-executive director of the company with effect from 16 January 2017.



Shareholders are further advised that Mr Piet Viljoen, who is currently the alternate director to Mr de Bruyn, has been appointed as a non-executive director of the company with effect from 17 January 2017.
28-Nov-2016
(Official Notice)
Shareholders are referred to the SENS announcement on Thursday, 11 August 2016, the Circular posted to Shareholders on Friday, 23 September 2016 and the SENS announcement on Friday, 28 October 2016, relating to the mandatory cash offer made by the Offerors, in terms of section 123 of the Companies Act, to acquire the entire issued ordinary share capital of the Company, , other than the issued Trans Hex Shares already held by the Offerors and the Treasury Shares, at an Offer Consideration of R3.94 per Offer Share. Shareholders are hereby advised that the Offer made by the Offerors closed at 12:00 on Friday, 25 November 2016.



Results of offer

Offer Consideration Recipients tendered 4 715 714 Offer Shares, being 16.09% of the total number of Offer Shares. Accordingly, the Offer has resulted in an increase in the shareholding of Trans Hex controlled by the Offerors of 4.46%. The Offerors now hold 76.74% of the Trans Hex Shares, excluding the Treasury Shares.
02-Nov-2016
(C)
31-Oct-2016
(Official Notice)
Trans Hex is currently finalising its results for the six months ended 30 September 2016 (?Results?). which are expected to be released on or about 2 November 2016.



Results in this trading statement are compared with results for the six months ended 30 September 2015 (?previous corresponding period?).



The company expects to report:

? earnings per share of 31.8 cents compared to a loss per share of 30.3 cents in the previous corresponding period; and

? headline earnings per share of 31.4 cents compared to a headline loss per share of 30.3 cents in the previous corresponding period.



Comments

The following salient points will be fully reported upon when the Group releases its results:

- Group net profit amounted to R32.5 million (September 2015: loss of R32.5 million).

- Sales revenue from the wholly owned South African operations increased by 2.5% compared to the corresponding period to R275.3 million (September 2015: R268.7 million)

- Gross profit from South African land operations amounted to R13.9 million (September 2015: loss of R24.7 million).

- Equity accounting loss from West Coast Resources (Pty) Ltd amounted to R9.0 million (September 2015: loss of R8.8 million).

- Equity accounting profit from Somiluana Mine in Angola amounted to R34.2 million (September 2015: profit of R7.1 million).

- The Group?s net cash position at the end of the period was R322.4 million (September 2015: R347.5 million).

- Net asset value per share amounted to 540.0 cents (September 2015: 575.0 cents).
28-Oct-2016
(Official Notice)
Trans Hex shareholders (?Shareholders?) are referred to the SENS announcement released on Thursday, 11 August 2016 (?Firm Intention Announcement?) and the circular posted to Shareholders on 23 September 2016 (?the Circular?), relating to the mandatory cash offer made by the Offerors, in terms of section 123 of the Companies Act, No 71 of 2008, as amended (?Companies Act?), to Shareholders to acquire the entire issued ordinary share capital of the Company, other than the issued ordinary shares already held by the Offerors and the issued ordinary shares held as treasury shares (?Offer Shares?) (the ?Offer?). As set out in paragraph 5 of the Firm Intention Announcement and paragraph 5.1.4 of the Circular, the Offer is conditional upon the approval of the Competition Authorities in terms of the Competition Act, No 89 of 1998, as amended, (?Competition Authorities?) and any other relevant regulatory authorities.



Offer unconditional

Shareholders are hereby notified that the Competition Authorities unconditionally approved the Offer and its implementation on Wednesday, 26 October 2016. No other regulatory approvals are required and the Offer is consequently unconditional in accordance with its terms. The Offer will remain open for a further 21 business days as per the time table below.



The salient dates and times relating to the Offer are set out in the table below:

*Last day to trade in order to accept the Offer Tuesday,22 November 2016

*Receipt of acceptances and closing of Offer by 12:00 on Friday, 25 November

*Record date Friday, 25 November

*Payment date See note 3

*Results of the Offer announcement released on SENS and settlement of Offer on Monday, 28 November



Notes:

1.No dematerialisation or rematerialisation of Trans Hex shares will take place between Wednesday, 23 November 2016 and Friday, 25 November 2016, both days included.

2.Shareholders should note that acceptance of the Offer is irrevocable.

3.Payment of the offer consideration, of 394 cents per Offer Share, will be made within 6 business days of the later of the Offer becoming unconditional or the date on which Shareholders deliver their form of acceptance, surrender and transfer. The procedures are more fully described in the Circular.
23-Sep-2016
(Official Notice)
06-Sep-2016
(Official Notice)
Trans Hex shareholders (?Shareholders?) are referred to the SENS announcement released on Thursday, 11 August 2016, whereby Shareholders were advised that Cream Magenta, Metcap and RAC, acting in concert (collectively the ?Offerors?), have extended a mandatory cash offer, in terms of section 123 of the Companies Act, No 71 of 2008, as amended, to Shareholders to acquire the entire issued ordinary share capital of the company, other than the issued ordinary shares already held by the Offerors and the issued ordinary shares held as treasury shares (the ?Offer?). Shareholders were further advised that a combined Offer circular containing, inter alia, the terms of the Offer, pertinent dates relating to the Offer and a form of acceptance, surrender and transfer for use by certificated Shareholders (?Offer Circular?) was expected to be posted on or about Thursday, 8 September 216.



Extension to the posting of the Offer Circular

In terms of regulation 110(10) of the Companies Regulations, 2011 (?Regulations?), the independent board of Trans Hex (?Independent Board?) has appointed an Independent Expert to provide a fair and reasonable opinion, as contemplated in Regulation 90. The company is a ?mineral company? for purposes of the Listings Requirements of the JSE Ltd., and must therefore comply with the valuation and methodology approach of the South African code for the reporting of mineral asset valuation (SAMVAL), as required by Regulation 90(5).



Accordingly, Trans Hex and the Offerors approached the Takeover Regulation Panel (?TRP?) for an extension of the posting date of the Offer Circular as contemplated in Regulation 102(2). This request was granted by the TRP and the Offer Circular is expected to be posted by no later than Friday, 23 September 2016.
11-Aug-2016
(Official Notice)
08-Aug-2016
(Official Notice)
Trans Hex shareholders (?Shareholders?) are advised that Cream Magenta 140 (Pty) Ltd. (?Cream Magenta?) and Metcap 14 (Pty) Ltd. (?Metcap?) have collectively acquired issued ordinary shares in the Company totalling 49 762 778 or 47.08% of the issued ordinary shares of Trans Hex, excluding treasury shares.



Shareholders are also advised that a consortium comprising of Cream Magenta, Metcap and RAC Investment Holdings (Pty) Ltd. (collectively, the ?Offerors?) have come into concert and have made a mandatory cash offer, in terms of section 123 of the Companies Act, No 71 of 2008, as amended, (?Companies Act?), to acquire the entire ordinary share capital of Trans Hex, other than the ordinary shares already held by the Offerors.



Change in beneficial interest

In accordance with Section 122 of the Companies Act and paragraph 3.83(b) of the JSE Ltd. (?JSE?) Listings Requirements, the Company has received notification that Cream Magenta and Metcap each individually hold 23.54% of the issued share capital of Trans Hex, excluding treasury shares. The Offerors are considered concert parties in terms of the Offer and currently hold 76 398 715 ordinary shares in Trans Hex, constituting approximately 72.28% of the issued share capital (excluding treasury shares).



Regulatory

Trans Hex and the Offerors will provide Shareholders with the details of the Offer in a Firm Intention announcement, as required by regulation 101 of the Companies Regulations, 2011, in due course.



Cautionary

Shareholders are advised to use caution when dealing in ordinary shares of Trans Hex, until such time as a further announcement is published.



Lift of trade halt

Shareholders are referred to the announcement dated Friday, 5 August 2016, and are hereby advised that normal trade in the ordinary shares of Trans Hex will resume Monday, 8 August 2016.
05-Aug-2016
(Official Notice)
Trans Hex shareholders (?Shareholders?) are advised that at the 36th Annual General Meeting (?AGM?) of Shareholders held on Friday, 5 August 2016, all the ordinary and special resolutions, as set out in the notice of AGM dated 30 June 2016, were approved by the requisite majority of votes of Shareholders present or represented by proxy.
05-Aug-2016
(Official Notice)
Trans Hex shareholders are advised that trading of the Company?s securities has been halted with immediate effect. The trade halt will be lifted following the publication of a detailed announcement, to be published in due course.
30-Jun-2016
(Official Notice)
Notice is hereby given that the Company?s 36th Annual General Meeting of shareholders (?Annual General Meeting?) will be held at the Company?s registered offices, 405 Voortrekker Road, Parow, Cape Town on Friday, 5 August 2016 at 10:00, to transact the business as stated in the Notice of Annual General Meeting of the Company, which will be distributed to shareholders, today, 30 June 2016.



Salient dates 2016

* Record date to determine which shareholders are entitled to receive the Notice of Annual General Meeting : Friday, 24 June

* Last day to trade in order to be eligible to attend and vote at the Annual General Meeting : Tuesday, 26 July

* Record date to determine which shareholders are entitled to attend and vote at the Annual General Meeting : Friday, 29 July

* Forms of proxy for the Annual General Meeting to be lodged by 10:00 on Tuesday, 2 August



No change statement

Shareholders are advised that the full Integrated Annual Report, including the annual financial statements for the year ended 31 March 2016, is available on the Company?s website at www.transhex.co.za from today. The annual financial statements for the year ended 31 March 2016 contain no modifications to the audited results released on SENS on 2 June 2016.
13-Jun-2016
(Official Notice)
Trans Hex shareholders are advised that Mr Leon van Schalkwyk?s designation has been changed from non-executive director to independent non-executive director with effect from 9 June 2016.



Mr van Schalkwyk?s change in designation follows the disposal by Northam Platinum Ltd. of its interest in the company?s securities, as announced on the Stock Exchange News Service on 9 May 2016, and a board review of his independence in line with the JSE Listings Requirements.



02-Jun-2016
(C)
Sales revenue for the year dropped to R671.4 million (2015: R939.7 million). Gross loss came in at R6.8 million (2015: profit of R161.6 million), loss from continuing operations attributable to owners of the parent was R123.8 million (2015: profit of R170 million), while headline loss per share from continuing operations was 79.6 cents per share (2015: profit of 58.3 cents per share).



Dividend

The Board has resolved not to declare a final dividend.



Outlook - Lower Orange River operations

Stripping operations in the Baken central channel will continue until the economically viable gravel in the main channel has been exhausted, which is expected to be towards the end of the 2018 financial year. Performance at Bloeddrif Mine is expected to improve with the mining of higher grade gravel from the exposed basal gravel. South African production for the 2017 financial year is expected to be in the order of 41 000 carats, compared to 2016 actual production of 48 435.



West Coast Resources operations

On-going drilling and prospecting will continue to target high-priority areas that may identify additional resources for mining. Mining activities will remain focused on the Langklip area and on other sections of the Koingnaas area which is projected to yield gravel by June 2016. Production for the 2017 financial year is expected to be in the order of 123 000 carats, compared to 2016 actual production of 24 930 carats.



Angolan operations

Mining operations will continue on the east bank of the Luana River and prospecting activities will remain focused on the new location to direct operations to areas of interest. In order to speed up the expansion of the production footprint, external funding is being sought. Production results and geological work through drilling and bulk testing indicate that carat production for the 2017 financial year will surpass the 99 500 carats achieved in 2016.



Market

Demand for rough and polished stones improved at the start of the 2016 calendar year after months of low manufacturing output and reduced inventories at the cutting centres. Shortage of stock in the Indian manufacturing sector and at the US retailers boosted rough diamond prices, supported by healthy trading activity in the secondary market. Post year-end, the diamond market is enjoying a relatively stable period, improving the confidence of traders and dealers.
31-May-2016
(Official Notice)
Trans Hex is currently finalising its results for the twelve months ended 31 March 2016 (the ?Period?). which should be released on SENS on or about 2 June 2016.



The Group expects to report:

- net loss for the Period of R100.8 million compared to net profit of R190.6 million for the 12 months ended 31 March 2016 (?Corresponding Period?);

- loss after tax from continuing operations of R124.8 million. against profit of R169.1 million in the Corresponding Period;

- loss per share of 94.4 cents (2015: earnings of 181.1 cents);

- headline loss per share of 56.9 cents (2015: earnings of 78.6 cents); and

- net asset value per share of 506.0 cents (2015: 630.0 cents).



Comments

The following salient points will be fully reported upon when the Group releases its results:

- Diamond prices declined by 23.5% compared to the Corresponding Period.

- Sales were positively affected by a 27.2% weakening of the Rand against the US Dollar.

- Sales revenue totalled R671.4 million (2015: R939.7 million).

- Cost of goods sold amounted to R678.2 million (2015: R778.1 million), including retrenchment costs of R46.6 million at the Lower Orange River operations.

- South African land operations recorded a gross loss of R6.8 million (2015: profit of R161.6 million).

- Impairment charges in respect of the Lower Orange River operations amounted to R55.1 million (2015: R86.2 million).

- Equity accounting loss from West Coast Resources (Pty) Ltd. amounted to R13.6 million (2015: profit of R123.3 million).

- Equity accounting loss from Somiluana Mine in Angola amounted to R15.8 million (2015: profit of R12.7 million).

- Profit after tax from discontinued operations totalled R24.0 million (2015: profit of R21.5 million).

- The Group?s net cash position at the end of the year was R353.5 million (2015: R407.2 million).
19-Apr-2016
(Official Notice)
Trans Hex shareholders are advised that Mr Piet Viljoen has been appointed as an alternate director to Mr Theunis de Bruyn with effect from 18 April 2016.



Mr Viljoen (53) (B Com (Hons), CFA) is the Chairman of Regarding Capital Management (Pty) Ltd. and Executive Chairman of RECM and Calibre Limited. He founded Regarding Capital Management (Pty) Ltd. in 2003 and has over 25 years of industry experience. He started out as a lecturer at the University of Pretoria, and then joined the Reserve Bank as an economic analyst. He became a portfolio manager at Allan Gray Investment Counsel in 1991 and in 1995 he moved to Investec Asset Management.
04-Apr-2016
(Official Notice)
Trans Hex shareholders are advised that following the acquisition of a 26,18% beneficial interest in the Company's securities by M Cubed Holdings Ltd., as announced on the Stock Exchange News Service on 7 March 2016, Mr Quinton George and Mr Marco Wentzel have been appointed as non-executive directors of the Company with effect from 4 April 2016. In addition, Mr Richard Tait has been appointed as an alternate director to Mr Wentzel with effect from 4 April 2016.
26-Feb-2016
(Official Notice)
Trans Hex shareholders (?Shareholders?) are advised that Mr Derek Wolstenholme has resigned as an independent non-executive director of the Company with effect from 29 February 2016.



Shareholders are further advised that Mr Leon van Schalkwyk (B Tech, FCMA) will be appointed as a non-executive director of the Company with effect from 1 March 2016.
22-Feb-2016
(Official Notice)
Trans Hex has concluded an agreement with the National Union of Mineworkers to change the production shift system at the Company's Lower Orange River ("LOR") Operations, consisting of the Baken and Bloeddrif mines, effective from Monday, 29 February 2016.



The change is in line with the Company's strategy of responsibly managing the ageing LOR assets in the final years of their economic life cycles by optimising mining and treatment volumes, together with cost reductions and improvements in efficiencies across the board. The aim is to extend the viable life-of-mine of each operation for as long as possible, whilst constantly managing the risks inherent to mature alluvial mines.



The LOR Operations will change from a four-shift system, running seven days per week, to a three-shift system, working a five and a half day week. Overburden stripping rates and the volumes of gravel mined and treated will be adjusted to ensure the most sustainable model for each mine going forward.



A total of 125 employees (22% of the workforce) have accepted voluntary retrenchment packages, effective on Monday, 29 February 2016. The majority of the volunteers are older employees with long service. The total cost of the restructuring programme is expected to be in the order of R47 million, including severance payments. Further information in this regard will be published in the Company's annual results early in June and in the 2016 Integrated Annual Report.
04-Nov-2015
(C)
30-Oct-2015
(Official Notice)
Trans Hex is currently finalising its results for the six months ended 30 September 2015 (?Results?), which are expected to be released on or about Wednesday, 4 November 2015.



Results in this trading statement are compared with the six months ended 30 September 2014 (?previous corresponding period?).



The company expects to report:

* a 35,1% decrease in sales revenue compared to the previous corresponding period, as a result of a 23,6% decline in diamond grades and a 30,3% drop in diamond prices (offset in part by a 14,6% weakening of the Rand against the US dollar); and

* a loss per share and headline loss per share of 30,3 cents (2014: earnings per share and headline earnings per share of 34,1 cents), representing a decrease of 188,9% compared to the previous corresponding period.
15-Sep-2015
(Official Notice)
Trans Hex is pleased to provide an update in respect of its latest diamond production and sales.



Production

Production at the Group?s South African operations amounted to 20 839 carats for the five months ended 31 August 2015.



West Coast Resources (in which Trans Hex has a 40% stake) production for the same period amounted to 4 490 carats. The company's initial phase of construction, exploration and sampling is well underway and full production is expected early in 2016.



Production at Somiluana Mine in Angola, in which Trans Hex holds a 33% stake, totalled 63 834 carats for the five months.



Sales

The Group?s May, June and September 2015 tender sales of production from its wholly owned South African operations amounted to R236.1 million (20 570 carats at an average price of USD896 per carat and exchange rate of R12.81/USD).



Average prices for production from current operations (excluding the recently closed Reuning Mine and the disposed of Remhoogte mining right) have decreased by 21% in USD terms compared to the financial year ended 31 March 2015, in line with a global slump in rough diamond prices. In Rand terms, prices have decreased by 9%.



Seven single stones from the Lower Orange River Operations were sold for more than USD10 000 per carat.



Sales for West Coast Resources amounted to R6,9 million, with production from the Kleinzee tailings dumps fetching an average price of USD170 per carat.



Somiluana Mine realised a total of USD17.9 million for the five months ended 31 August 2015 (60 542 carats at an average price of USD296 per carat). Average prices decreased by 35% compared to the financial year ended 31 March 2015.



Challenging market conditions and low demand from China and India have slowed trading considerably, in a market which is already feeling the pressure of a global downturn.



Trading and rough diamond prices are expected to remain subdued for the remainder of 2015.



The Group expects to release its interim financial results for the six months ending 30 September 2015 on or about 2 November 2015.
07-Aug-2015
(Official Notice)
Trans Hex shareholders (?Shareholders?) are advised that at the 35th Annual General Meeting (?AGM?) of Shareholders held on Thursday, 6 August 2015, all the ordinary and special resolutions, as set out in the notice of AGM dated 30 June 2015, were approved by the requisite majority of votes of Shareholders present or represented by proxy.



Total number of issued ordinary shares: 106 051 275 (?Total Issued Shares?)
30-Jun-2015
(Official Notice)
Notice is hereby given that the Company?s 35th Annual General Meeting of shareholders will be held at the Company?s registered offices, 405 Voortrekker Road, Parow, Cape Town on Thursday, 6 August 2015 at 10:00, to transact the business as stated in the Notice of Annual General Meeting of the Company, which will be distributed to shareholders on, 30 June 2015.



Shareholders are advised that the full Integrated Annual Report, including the annual financial statements for the year ended 31 March 2015, is available on the Company?s website at www.transhex.co.za. The annual financial statements for the year ended 31 March 2015 contain no modifications to the audited results released on SENS on 1 June 2015.



Salient dates

*Record date to determine which shareholders are entitled to receive the Notice of Annual General Meeting: Friday, 19 June

*Last day to trade in order to be eligible to attend and vote at the Annual General Meeting: Friday, 24 July

*Record date to determine which shareholders are entitled to attend and vote at the Annual General Meeting: Friday, 31 July

*Forms of proxy for the Annual General Meeting to be lodged by 10:00 on: Tuesday, 4 August
01-Jun-2015
(C)
28-May-2015
(Official Notice)
Trans Hex is currently finalising its results for the year ended 31 March 2015, which are expected to be released on or about Monday, 1 June 2015. Trans Hex shareholders are referred to the announcement released on SENS on 25 May 2015 and the Company would like to further advise Shareholders that it now expects to report:

* earnings per share to be 181.1 cents (2014: 20.7 cents), representing an increase of 775% compared to the previous corresponding period; and

* headline earnings per share to be 78.6 cents (2014: 9,8 cents), representing an increase of 702% compared to the previous corresponding period.
25-May-2015
(Official Notice)
Trans Hex is currently finalising its results for the year ended 31 March 2015 which are expected to be released on SENS on or about 2 June 2015.



The results in this trading statement are compared with the results of the year ended 31 March 2014 (?previous corresponding period?).



The company expects to report:

* earnings per share are expected to be between 179,0 cents and 183,2 cents (2014: 20,7 cents), representing an increase of between 765% and 785% compared to the previous corresponding period; and

* headline earnings per share are expected to be between 80,8 cents and 82,8 cents (2014: 9,8 cents), representing an increase of between 725% and 745% compared to the previous corresponding period.



The results will explain the contributions of the following elements:

* performance of the Group's business units;

* disposal of the Group's 100% interest in Pioneer Minerals (Pty) Ltd.;

* impairments in respect of the Lower Orange River operations; and

* the Group's 40% interest in West Coast Resources (Pty) Ltd. which includes negative goodwill that arose as a result of the acquisition of assets and liabilities relating to Namaqualand Mines.
02-Mar-2015
(Official Notice)
Trans Hex provided an update in respect of its latest diamond sales and production.



Sales

The group?s October 2014 to February 2015 tender sales of South African production amounted to R358.8 million (27 553 carats at an average price of USD1 161 per carat and exchange rate of R11.21/USD).



Average prices decreased by 25.4% compared to the average prices achieved from sales during the first six months of the financial year, due to fewer large stones being sold and a slight decrease in global prices.



Eleven single stones were sold for more than USD10 000 per carat, including one exceptional pink stone of 2,7 carats from Baken Mine, which sold for USD60 722 per carat. A 42.6-carat stone, also from Baken Mine, realised USD988 888.



Somiluana Mine in Angola, in which Trans Hex holds a 33% stake, realised a total of USD15.1 million for its October 2014 to January 2015 sales (37 302 carats at an average price of USD404 per carat).



Average prices in Angola decreased by 21.2% compared to the average prices achieved during the six months ended September 2014 as a result of variation in the size and quality of the stones, as well as a slight decrease in global prices.



Despite the softening of global prices, diamond fundamentals remain solid and Trans Hex product remains highly desirable.



The next sale of South African production will be held in March 2015. Somiluana conducts monthly sales.



Production

Year-to-date production at the group?s South African operations amounted to 52 667 carats at end-January. During the first six months of the financial year 32 450 carats were produced, while 20 217 carats were produced in the four-month period from October 2014 to January 2015.



Year-to-date production at Somiluana amounted to 78 448 carats at end-January. During the first six months of the financial year 44 400 carats were produced, while 34 048 carats were produced in the four-month period from October 2014 to January 2015.



The group?s financial year ends on 31 March and it expects to release its annual results on or about 2 June 2015.
03-Nov-2014
(C)
31-Oct-2014
(Official Notice)
Trans Hex is currently finalising its results for the six months ended 30 September 2014 which should be released on SENS on or about 3 November 2014.



Results in this Trading Statement are compared with the six months ended 30 September 2013 ("the Corresponding Period").



The Group expects to report:

*net profit of R35,8 million (September 2013: loss of R53,9 million);

*profit after tax from continuing operations of R25,2 million (September 2013: loss of R69,0 million);

*an increase of R56,5 million in the net cash position to R351,1 million (September 2103: R294,6 million);

*earnings per share of 34,1 cents (September 2013: loss per share of 51,0 cents);

*headline earnings per share of 34,1 cents (September 2013: headline loss per share of 51,0 cents); and

*an increase of 91,0 cents in net asset value per share to 541,0 cents (September 2013: 450,0 cents).



Comments

The following salient points will be fully reported upon when the Group releases its results:

*South African production increased by 48,5% from 21 849 carats in the Corresponding Period to 32 450 carats.

*Sales revenue increased by 59,4% in Rand terms to R414.1 million (September 2013: R259.7 million).

*The cost of goods sold increased by 5,4% to R337.7 million (September 2013: R320.3 million).

*Profit before tax of the South African operations amounted to R44.5 million against a loss of R88.6 million in the Corresponding Period.

*In Angola, production at Somiluana Mine increased to 44 400 carats (September 2013: 35 779 carats) and total sales increased to USD21.3 million (September 2013: USD16.9 million).



The financial information on which this Trading Statement is based has not been reviewed and reported on by the Company's auditors.

29-Oct-2014
(Official Notice)
Shareholders are referred to previous announcements, the last of which was dated Tuesday, 7 October 2014, regarding the proposed transaction in terms of which Emerald Panther Investments 78 (Pty) Ltd. (a company in which Trans Hex has a 40% interest) would acquire assets and liabilities relating to Namaqualand Mines from De Beers Consolidated Mines Proprietary Limited (the "Acquisition").



Trans Hex is now pleased to announce that, all outstanding conditions precedent to the Acquisition having been fulfilled, the Acquisition became effective at 17h00 on Tuesday, 28 October 2014.
07-Oct-2014
(Official Notice)
Shareholders are referred to previous announcements regarding the proposed transaction in terms of which Emerald Panther Investments 78 (Pty) Limited ("EPI") (a company in which Trans Hex has a 40% interest) would acquire assets and liabilities relating to Namaqualand Mines ("NM") from De Beers Consolidated Mines Limited ("DBCM").



Shareholders are further referred to the most recent announcement dated 5 June 2014 regarding amendments to the sale agreement entered into between EPI and DBCM. Trans Hex is pleased to announce that the Industrial Development Corporation ("IDC") has approved the revised loan terms, in terms of which the IDC will provide EPI with funding of R189 million and that the loan agreement has been executed by the parties. The effective date of the NM transaction is still expected to be on or about 31 October 2014.

09-Sep-2014
(Official Notice)
Trans Hex is pleased to provide an update in respect of its latest diamond sales and production.



The Group's May, July and September 2014 tender sales of South African production amounted to R350 million (22 033 carats at an average price of US$1 497 per carat and exchange rate of R10,61 / US).



Average prices increased by 21% compared to the average prices achieved during the financial year ended 31 March 2014, mainly as a result of the sale of 1 734 high-quality carats from the mining right held by Pioneer Minerals (Pty) Ltd. ("Pioneer Minerals"). As previously reported on 18 July 2014 on SENS, Trans Hex is in the process of disposing of Pioneer Minerals to the contractor now operating on the Remhoogte property, but will continue to market the diamonds produced by the purchaser after the disposal is concluded.



Twenty-two single stones were sold for more than US10 000 per carat, including one exceptional pink stone of 3,2 carats from Baken Mine, which sold for US54 750 per carat. A 132-carat stone, also from Baken Mine, realised US1.28 million.



Somiluana Mine in Angola, in which Trans Hex holds a 33% stake, realised a total of US17,50 million for the five months ended 31 August 2014 (32 545 carats at an average price of US538 per carat).



These sales reflect continued positive momentum in the rough diamond market and strong demand for Trans Hex's production.



Production at the Group?s South African operations amounted to 23 872 carats for the five months ended 31 August 2014. Production at Somiluana for the same period amounted to 32 841 carats.



The next sale of South African production will be held in October 2014. Somiluana conducts monthly sales.



The Group expects to release its interim financial results for the six months ending 30 September 2014 on or about 3 November 2014.



The external auditors have not reviewed or reported on the information provided in this update and it does not constitute an earnings forecast.



07-Aug-2014
(Official Notice)
Trans Hex shareholders were advised that at the Company's 34th Annual General Meeting held on Thursday, 7 August 2014, all ordinary and special resolutions were approved by the requisite majority of votes by way of a poll.
18-Jul-2014
(Official Notice)
30-Jun-2014
(Official Notice)
Notice is hereby given that the Company's 34 Annual General Meeting of shareholders will be held at the Company's registered offices, 405 Voortrekker Road, Parow, Cape Town on Thursday, 7 August 2014 at 10:00, to transact the business as stated in the Notice of Annual General Meeting of the Company, which will be distributed to shareholders, today, 30 June 2014.



Shareholders are advised that the full Integrated Annual Report, including the annual financial statements for the year ended 31 March 2014, is available on the Company's website at www.transhex.co.za from today. The annual financial statements for the year ended 31 March 2014 contain no modifications to the audited results released on SENS on 2 June 2014.



Salient dates

* Record date to determine which shareholders are entitled to receive the Notice of Annual General Meeting on Friday, 20 June

* Last day to trade in order to be eligible to attend and vote at the Annual General Meeting on Friday, 25 July

* Record date to determine which shareholders are entitled to attend and vote at the Annual General Meeting on Friday, 1 August

* Forms of proxy for the Annual General Meeting to be lodged by 10:00 on Tuesday, 5 August.
05-Jun-2014
(Official Notice)
Shareholders are referred to previous announcements regarding the proposed transaction by which Emerald Panther Investments 78 (Pty) Ltd. ("EPI") would acquire Namaqualand Mines ("NM") from De Beers Consolidated Mines Ltd. ("DBCM").



Trans Hex announced that amendments to the Sale Agreement entered into between EPI and DBCM have now been signed to provide for the following:

*the creation of a Special Purpose Vehicle ("SPV") for the purpose of housing the State's 20% interest in EPI;

*the shareholding in EPI will thus be held in the following proportions:

a. the SPV: 20%;

b. Trans Hex: 40%;

c. RECM and Calibre Ltd.: 27.2%;

d. Dinoka Investment Holdings (Pty) Ltd: 8.8%; and

e. the Namaqualand Diamond Fund Trust ("NDFT"), a trust representing the interests of various communities in the Namaqualand region: 4%.



Shareholders are advised that implementation of the NM transaction remains conditional upon inter alia:

*Approval of revised loan terms by the Industrial Development Corporation of South Africa ("IDC"), in terms of which the IDC will provide EPI with funding of R189 million;

*notarial execution of the cession by DBCM of the mining and prospecting rights acquired pursuant to the NM transaction, into the name of EPI.



The effective date of the NM transaction is expected to be on or about 31 October 2014.
02-Jun-2014
(C)
26-May-2014
(Official Notice)
Trans Hex is currently finalising its results for the 12 months ended 31 March 2014 ("the Period"). which should be released on SENS on or about 2 June 2014.



The Group expects to report:

* net profit for the Period of R22.7 million compared to net profit of R85.4 million for the 12 months ended 31 March 2013 ("Corresponding Period");

* loss after tax from continuing operations of R5.1 million. against profit of R65.0 million in the Corresponding Period;

* earnings per share of 20.7 cents (2013: 79.7 cents);

* headline earnings per share of 9.8 cents (2013: 69.9 cents); and

* net asset value per share of 521.0 cents (2013: 505.0 cents).



Comments

The following salient points will be fully reported upon when the Group releases its results:

* South African production amounted to 52.081 carats (2013: 67.115 carats) due to a 14.9% decrease in volume treated as a result of the termination of joint-venture contractors and a 21-day strike over pay increases by members of the National Union of Mineworkers. A 12% drop in grade as a result of grade underperformance during the first six months of the year. also impacted on production.

* Sales revenue decreased by 7.4% in Rand terms from R751.3 million in the Corresponding Period to R695.7 million as a result of a 15.7% decrease in carats sold and a 7.2% decrease in average prices. The average price decrease was due to fewer special stones being recovered during the first six months of the year. Revenue was however positively affected by a 14.4% weakening in the Rand.

* South African operations generated a loss before tax of R8.9 million for the Period compared to profit of R88.2 million in the Corresponding Period.

* The cost of goods sold increased to R653.7 million (2013: R605.2 million) mainly due to stock movement of R32.7 million and a 2.5% increase in operating costs.

* Production at Somiluana in Angola amounted to 72.041 carats during the Period (2013: 41.313 carats).

* Somiluana sales totalled USD32.4 million (2013: USD14.9 million).

* Somiluana's operating margin was 32% (2013: -20%) and the mine generated net profit of USD10.5 million (2013: loss of USD3.0 million).

* Net cash generated during the Period was R14.2 million (2013: R36.0 million). resulting in the Group's net cash position at the end of the Period being R397.6 million (2013: R383.4 million).
14-Apr-2014
(Official Notice)
Trans Hex is pleased to provide an update in respect of its latest diamond sales and production. The group's March 2014 tender sale of South African production amounted to R106.5 million (5 886 carats at an average price of USD1 684 per carat and exchange rate of R10.75 / USD). Nine single stones were sold for more than USD10 000 per carat, including one stone of 22.5 carats from Baken Mine which sold for over USD49 000 per carat. Somiluana Mine in Angola ("Somiluana"), in which Trans Hex holds a 33% stake, realized a total of USD2.31 million for its February sale (5 120 carats at an average price of USD451 per carat). These sales reflect continued positive momentum in the rough diamond market and strong demand for Trans Hex's production.



Production at the Group's South African operations amounted to 52 081 carats for the year ended 31 March 2014. 21 849 carats were produced in the first six months of the year (April 2013 to September 2013) and 30 232 carats were produced in the six-month period from October 2013 to March 2014. Production at Somiluana amounted to 72 041 carats for the year ending 31 March 2014. 35 779 carats were produced in the period April 2013 to September 2013 and 36 262 carats were produced in the six-month period from October 2013 to March 2014. The next sale of South African production will be held in May 2014. Somiluana conducts monthly sales. The group expects to release its financial results for the year ended 31 March 2014 on or about 3 June 2014.
28-Feb-2014
(Official Notice)
Shareholders are advised that Trans Hex has terminated the services of its current sponsor and appointed One Capital with effect from 1 March 2014.

17-Feb-2014
(Official Notice)
Trans Hex provide an update in respect of its latest diamond sales and production. The group's February 2014 tender sale of South African production amounted to R107.6 million (7 124 carats at an average price of USD1 379 per carat and exchange rate of R10.95 / USD). Five single stones were sold for more than US$10 000 per carat, including one pink stone from Baken Mine which sold for over USD65 000 per carat.



Somiluana Mine in Angola, in which Trans Hex holds a 33% stake, realized a total of USD7.20 million for its December and January sales (14 557 carats at an average price of USD495 per carat). These sales reflect very healthy trading activity in the rough diamond market and strong demand for Trans Hex's production at the start of 2014. Year-to-date production at the group's South African operations amounted to 41 774 carats at end-January. During the first six months of the financial year 21 849 carats were produced, while 19 925 carats were produced in the four-month period from October 2013 to January 2014.



Year-to-date production at Somiluana amounted to 63 638 carats at end-January. During the first six months of the financial year 35 779 carats were produced, while 27 859 carats were produced in the four-month period from October 2013 to January 2014. The next sale of South African production will be held in March 2014. Somiluana conducts monthly sales. The group's financial year ends on 31 March and the annual results will be released on or about 3 June 2014. The external auditors have not reviewed or reported on the information provided in this update and it does not constitute an earnings forecast.
09-Dec-2013
(Official Notice)
Trans Hex provided an update in respect of its diamond production and sales.



Year-to-date production at the Group's South African operations amounted to 34 435 carats at end November 2013.



As previously reported, 21 849 carats were produced during the first six months of the 2013/14 financial year to end-September 2013.



12 586 carats were produced in October and November, reflecting an average grade of 1.17 carats/100m3, up from the average of 0.78 carats/100m3 achieved during the first half of the year, as well as progress with ongoing efforts to increase the volume of gravels treated.



Somiluana Mine in Angola, in which Trans Hex holds a 33% stake, produced 14 184 carats during October and November, taking its year-to-date production to 49 963 carats at end-November 2013 and continuing the upward trend indicated in the first half.



The Group's October and December 2013 tender sales of South African production amounted to R161,2 million (12 759 carats at an average price of USD1 243 per carat and average exchange rate of R10,17).



Year-to-date sales as at 5 December amounted to 39 701 carats, totalling R434.3 million.



Somiluana realized a total of USD5.9 million for its October and November sales (13 073 carats at an average price of USD454 per carat).



Two further tender sales of South African production will be held during the financial year, which ends on 31 March 2104. Somiluana conducts monthly sales.
21-Nov-2013
(Official Notice)
01-Nov-2013
(C)
Sales revenue for the interim period fell to R259.7 million (2012: R330.6 million). Gross loss widened to R60.5 million (2012: profit of R63.1 million), while loss for the period attributable to owners of the parent from continuing operations soared to R69.1 million (2012: profit of R24.3 million). Furthermore, headline loss per share from continuing operations shot up to 65.4cps (2012: earnings of 13.9cps).



Dividend

The board has resolved that it would not be prudent to re-commence dividend payments until there is a degree of confidence that the Group has achieved a growing flow of new earnings. Accordingly, no interim dividend is declared.



Outlook

Successfully concluding the acquisition of Namaqualand Mines from De Beers remains a priority for the Group as the assets included in the transaction will add at least 10 years to the life of the South African operations. A detailed announcement on progress with the acquisition was issued on SENS on 29 October 2013 and a copy is available on the Group's website. Increased stripping of overburden in the main channel at Baken during the first six months of the year has opened up new blocks for mining in the second half. These blocks are expected to yield higher grades and a higher proportion of special stones than during the first half of the year.



The Richtersveld Operations are also expected to improve on the carat performance of the first six months of the year and the Group's total South African production for the 2014 financial year is now expected to be approximately 61 000 carats. In Angola, Somiluana is increasing production capacity through internal cash flows. Drilling and sampling is continuing on the east side of the river to maintain current production levels. Carat production for the 2014 financial year is now expected to be at least 60 000 carats.



Tight controls over cash and costs will continue to be exercised in all areas of the Group's business. Rough diamond prices are expected to remain stable during the rest of the 2014 financial year. Interest and strong demand for Trans Hex production is expected to continue. In respect of new business opportunities, the Group continues to evaluate potential new ventures on an ongoing basis.
29-Oct-2013
(Official Notice)
Trans Hex will keep shareholders advised of progress, but having regard to the information contained in this announcement shareholders need no longer exercise caution when dealing in the Company?s securities.
29-Oct-2013
(Official Notice)
28-Oct-2013
(Official Notice)
Trans Hex is currently finalizing its results for the six months ended 30 September 2013 ("the period"), which should be released on SENS on or about 1 November 2013.



The Group expects to report a net loss for the period of R53.9 million compared to net profit of R32.9 million in the corresponding reporting period in 2012, primarily as a result of grade under- performance at the Group's South African operations and the effects of a 21-day strike over pay increases by members of the National Union of Mineworkers.



The loss after tax from continuing operations is expected to be R69.0 million, against profit of R24.9 million in September 2012.



The Group is expecting to report a loss per share of 51 .0 cents (September 2012: earnings of 31.6 cents) and headline loss per share of 51.0 cents (September 2012: headline earnings of 21.5 cents).



Net asset value per share is expected to be 450.0 cents (September 2012: 466.0 cents).



Comments

The following salient points will be fully reported upon when the Group releases its results:

*South African production amounted to 21 849 carats (September 2012: 35 865 carats).

*Sales revenue decreased by 21.5% in Rand terms, from R330.7 million in September 2012 to R259.7 million.

*South African operations generated a loss before tax of R88.6 million for the period, compared to profit of R34.2 million in the corresponding reporting period in 2012.

*Production at Somiluana in Angola amounted to 35 779 carats during the period (September 2012: 22 600 carats). The operating margin was 35%, compared to -11% in September 2012.

*Somiluana sales totalled USD16.9 million (September 2012: USD7.9 million) and the mine generated a net profit of USD5.9 million for the period, compared to a loss of USD0.9 million in the first six months of the previous financial year.

*Net cash utilized during the period was R88.8 million (September 2012: net cash generated R4.3 million) resulting in the Group's net cash position at the end of the period being R294.6 million (September 2012: R351.7 million).
16-Oct-2013
(Official Notice)
With reference to the proposed acquisition by Trans Hex's 50% held company, Emerald Panther Investments 78 (Pty) Ltd. of Namaqualand Mines ("NM") from De Beers Consolidated Mines Ltd. ("DBCM") and the cautionary announcement published on SENS on 10 October 2013: Shareholders are advised that discussions centered on resolving the only outstanding issue, viz agreement between DBCM and the State regarding the State's 20 percent interest in NM, are continuing.



Trans Hex and DBCM have agreed to extend their engagement for a further two weeks, ie until 30 October 2013. Further announcements will be made in due course and the necessary shareholder processes will be completed once the outstanding issue has been resolved.
10-Oct-2013
(Official Notice)
With reference to the proposed acquisition by Trans Hex's 50% held company, Emerald Panther Investments 78 (Pty) Limited of Namaqualand Mines (NM) from De Beers Consolidated Mines Ltd (DBCM), Shareholders are advised that the only outstanding issue, viz. agreement between DBCM and the State regarding the State?s twenty percent interest in NM, is still not finalized.



Trans Hex is concerned about the resultant delays in closing the transaction and has recently made proposals to DBCM aimed at finding a resolution on commercial terms. Trans Hex and DBCM have agreed that all appropriate steps will be taken as a matter of urgency, with a view to reaching a conclusion by 15 October 2013. Shareholders should continue to exercise caution when dealing in the company's securities until a further announcement is released.
28-Aug-2013
(Official Notice)
With reference to the proposed acquisition by Trans Hex's 50% held company, Emerald Panther Investments 78 (Pty) Ltd of Namaqualand Mines from De Beers Consolidated Mines Ltd (DBCM), Shareholders are advised that the terms of the agreement between DBCM and the State regarding the State?s 20% interest in Namaqualand Mines have not yet been finalized. Shareholders are therefore advised to continue to exercise caution when dealing in the Company's securities until a further announcement is released.
19-Aug-2013
(Official Notice)
Shareholders are advised that Ms Boipelo Pride Lekubo has been appointed to the board of directors of the Company, as an alternate director to Mr Bernard van Rooyen, with effect from 16 August 2013.
08-Aug-2013
(Official Notice)
Shareholders are advised that, at the company's 33rd annual general meeting held at 10h00 on Thursday, 8 August 2013, all the ordinary and special resolutions, including the special resolutions relating to non-executive directors' remuneration, the general authority to repurchase shares, the general authority to provide financial assistance and the adoption of the new Memorandum of Incorporation, were approved by the requisite majority of votes.
16-Jul-2013
(Official Notice)
With reference to the proposed acquisition by Trans Hex's 50% held company, Emerald Panther Investments 78 (Pty) Ltd. of Namaqualand Mines from De Beers Consolidated Mines Limited ("DBCM"), Shareholders were advised in the further cautionary dated 3 June 2013 that the only outstanding issue was for DBCM and the State to reach agreement in respect of the State?s 20% interest in Namaqualand Mines. The terms of the agreement between DBCM and the State have not yet been finalized and Shareholders are therefore advised to continue to exercise caution when dealing in the Company's securities until a further announcement is released.
27-Jun-2013
(Official Notice)
Shareholders were advised that the company's annual financial statements will be available on the company's website www.transhex.co.za on 27 June 2013 and contain no modifications to the audited results which were released on SENS on 3 June 2013.



Posting of notice of the Annual General Meeting

Notice was given that the 33rd Annual General Meeting of Trans Hex shareholders will be held at 10:00 on Thursday, 8 August 2013 at 405 Voortrekker Road, Parow to transact the business as stated in the Notice of Annual General Meeting being mailed to shareholders on 27 June 2013 and available on the company's website from that date, together with the company's integrated Annual Report.



Record dates

The Notice of Annual General Meeting will be posted to shareholders of the company who were recorded as such in the company's securities register on Friday, 21 June 2013.



The date on which shareholders of the company must be recorded as such in the company's securities register in order to attend and vote at the Annual General Meeting is Friday, 2 August 2013. The last day to trade in order to be entitled to vote at the Annual General Meeting is Friday, 26 July 2013. Proxy Forms must be lodged by no later than 10:00 on Tuesday, 6 August 2013.
03-Jun-2013
(C)
Sales revenue was down slightly to R751.3 million (R754.5 million). Gross profit was lower at R146.1 million (R191.3 million) and mining profit declined to R60.9 million (R107.9 million). Net attributable profit fell by more than 50% to R Profit for the year R85.4 million (R208.3 million). In addition, headline earnings per share from continued operations was down by almost a third to 50.6cps (74.9cps).



Outlook

Improved economic conditions allowed the recommencement of stripping operations in the Baken central channel during the reporting period. Work is now continuing to confirm the potential of higher grades and better stone sizes. South African production for the 2014 financial year is expected to be 70 000 carats.



In Angola, Somiluana is making progress to secure third party funding for the capital required to increase production capacity. Internal cash flow is being used to increase the production capacity and carat production for the 2014 financial year is therefore expected to surpass the 41 300 carats achieved in 2013. Trans Hex is continuing with the appropriate course of action to exit from the discontinued Luarica and Fuca?ma projects in Angola.



Tight controls over cash and costs will continue to be exercised in all areas of the group's business. Rough diamond prices are expected to remain stable during the 2014 financial year. Interest and strong demand for Trans Hex production is expected to continue. In respect of new business opportunities, the group continues to evaluate potential new ventures on an ongoing basis.
28-May-2013
(Official Notice)
Trans Hex is currently finalising its results for the twelve months ended 31 March 2013, which should be released on SENS on or about 3 June 2013. The group expects to report net profit for the period of R85.4 million compared to net profit of R208,3 million in the corresponding previous reporting period, the difference resulting primarily from a decline in profits from discontinued operations in Angola to R20.4 million compared to R127.4 million in 2012. Profit after tax from continuing operations is expected to be R65.0 million, against profit of R80.9 million in 2012. The group is expecting to report earnings per share of 79.7 cents (March 2012: 196.0 cents) and headline earnings per share of 69.9 cents (March 2012: 195.5 cents).



Comments

The following salient points will be fully reported upon when the group releases its results:

*South African operations generated a profit before tax of R88.2 million for the period, compared to R114.6 million in the corresponding previous reporting period.

*South African production amounted to 67 115 carats (March 2012: 84 409 carats).

*Sales revenue remained steady in rand terms at R751.3 million (March 2012: R754.5 million).

*Net cash generated during the period was R36.0 million (March 2012: R79.9 million) resulting in the group's net cash position at the end of the period being R383.4 million (March 2012: R347.4 million).

*Production at Somiluana in Angola amounted to 41 313 carats during the period (March 2012: 45 869 carats). Sales totalled USD14.9 million (March 2012: USD21.7 million).
25-Apr-2013
(Official Notice)
Shareholders are referred to prior cautionary announcements, the last of which was released on SENS on 8 March 2013, wherein Trans Hex announced the signature and subsequent amendment of an agreement with De Beers Consolidated Mines Ltd. ("DBCM") in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd., will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the Proposed Transaction"). Shareholders are advised that Trans Hex is finalising certain aspects of the Proposed Transaction and therefore shareholders should continue to exercise caution when dealing in the Company's securities until a full terms announcement is made.
18-Mar-2013
(Official Notice)
Trans Hex provided an update in respect of its diamond sales and production. The group's December 2012 and January 2013 tender sales of South African production amounted to R159.6 million (13 540 carats at an average price of USD1 317 per carat and exchange rate of R8.96).



Year-to-date sales at end-January amounted to 56 587 carats, totalling R635.9 million. Cash and cash equivalents at end-February amounted to R355.3 million. Somiluana Mine in Angola, in which Trans Hex holds a 33% stake, realized a total of USD2.64 million for its January and February sales (6 872 carats at an average price of USD384 per carat).



Year-to-date production at the group's South African operations amounted to 61 204 carats at end February. Somiluana produced 38 869 carats during the same period. Further sales of both South African and Angola production are being held during March 2013. The group's financial year ends on 31 March and the annual results will be released on or about 3 June 2013.
11-Mar-2013
(Official Notice)
Certain aspects of the proposed transaction, as well as the pro forma financial effects, have not yet been finalised. As a result, shareholders were advised to continue to exercise caution when dealing in the company's securities until a full announcement is released.
11-Mar-2013
(Official Notice)
Shareholders are referred to prior announcements, the last of which was released on SENS on 8 March 2013, wherein Trans Hex announced the signature and subsequent amendment of an agreement with De Beers Consolidated Mines Ltd. ("DBCM") in terms of which, and subject to certain conditions precedent, its 50% held joint- venture company, Emerald Panther Investments 78 (Pty) Ltd. ("EPI"), will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the proposed transaction").



Approval of transfer of prospecting and mining rights

Trans Hex is pleased to report that the Department of Mineral Resources ("DMR") has now formally approved the transfer of the applicable prospecting and mining rights in respect of Namaqualand Mines from DBCM to EPI. All necessary statutory and regulatory approvals required for entering into and implementing the proposed transaction have therefore now been obtained.



Conditions precedent

The proposed transaction remains conditional upon the fulfilment of the following conditions precedent:

*the parties reaching agreement with the DMR in relation to the DMR's interest in Namaqualand Mines; and

*approval of the proposed transaction by Trans Hex shareholders in terms of the JSE Limited Listings Requirements.



The proposed transaction will be implemented ten business days after the fulfilment or, where appropriate, waiver of all of the conditions precedent, which is expected to be within three to six months of this announcement.
08-Mar-2013
(Official Notice)
Shareholders were referred to prior cautionary announcements, the last of which was released on SENS on 25 January 2013, wherein Trans Hex announced the signature and subsequent amendment of an agreement with De Beers Consolidated Mines Ltd. ("DBCM") in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd., will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the Proposed Transaction"). Shareholders are advised that Trans Hex is finalising certain aspects of the proposed transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
25-Jan-2013
(Official Notice)
Shareholders were referred to prior cautionary announcements, the last of which was released on SENS on 10 December 2012, wherein Trans Hex announced the signature and subsequent amendment of an agreement with De Beers Consolidated Mines Ltd. ("DBCM") in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd., will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the proposed transaction").



Shareholders are advised that Trans Hex is finalising certain aspects of the proposed transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
10-Dec-2012
(Official Notice)
Shareholders are referred to prior cautionary announcements, the last of which was released on SENS on 29 October 2012 wherein Trans Hex announced certain key amendments to the original agreement with De Beers Consolidated Mines Limited (DBCM) which had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Proprietary) Limited, will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM (the Proposed Transaction).



Shareholders are advised that Trans Hex is currently finalising certain aspects of the Proposed Transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
29-Oct-2012
(C)
Sales revenue for the period increased to R330.6 million (2011: R272 million). Gross profit rose to R63.1 million (2011: R57.6 million), while profit attributable to owners of the parent jumped to R24.3 million (2011: R15 million). Furthermore, headline earnings per share from continued operations lowered to 13.9cps (2011: 15.4cps).



Dividend

In order to maintain cash resources given the pending transaction in respect of Namaqualand Mines, the absence of any short-term credit facilities and the still volatile nature of the global economy, the directors deem it prudent not to declare an interim dividend.



Outlook

Baken mine continues to concentrate on lowering unit costs and generating an acceptable margin, primarily through processing existing low grade stockpiles and shallow gravels at increased throughput levels. In the light of current exchange rates, consideration is being given to restarting the stripping operations that were suspended during 2010.



Renewal of cautionary announcement relating to the acquisition of Namaqualand Mines

Shareholders are referred to prior cautionary announcements, the last of which was released on SENS on 20 September 2012, wherein Trans Hex announced certain key amendments to the original agreement with De Beers Consolidated Mines Ltd. ("DBCM") which had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd., will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the Proposed Transaction"). Shareholders are advised that Trans Hex is currently finalising certain aspects of the Proposed Transaction and therefore shareholders should continue to exercise caution when dealing in the Company's securities until a full terms announcement is made.
23-Oct-2012
(Official Notice)
Trans Hex is currently finalizing its results for the six months ended 30 September 2012 ("the period"), which should be released on SENS on or about 29 October 2012. The Group expects to report net profit for the period of R32.9 million compared to net profit of R1.7 million in the corresponding reporting period in 2011.



Profit after tax from continuing operations is expected to be R24.9 million, against profit of R16.3 million in September 2011. The Group is expecting to report earnings per share of 31.6 cents (September 2011: 1.6 cents) and headline earnings per share of 21.5 cents (September 2011: 1.6 cents). Net asset value per share is expected to be 466 cents (September 2011: 219 cents).
20-Sep-2012
(Official Notice)
Shareholders are referred to prior cautionary announcements, the last of which was released on SENS on 08 August 2012 wherein Trans Hex announced certain key amendments to the original agreement with De Beers Consolidated Mines Ltd. ("DBCM") which had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd., will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the proposed transaction").



Shareholders are advised that Trans Hex is currently finalising certain aspects of the proposed transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
08-Aug-2012
(Official Notice)
Certain aspects of the amended proposed transaction, as well as the pro forma financial effects, have not yet been finalised. As a result, shareholders were advised to continue to exercise caution when dealing in the company's securities until further information is released.
08-Aug-2012
(Official Notice)
08-Aug-2012
(Official Notice)
Shareholders are advised that, at the company's 32nd annual general meeting held at 10h00 on Wednesday, 8 August 2012, all the ordinary and special resolutions proposed thereat were approved by the requisite majority of votes. The special resolutions relating to the non-executive directors' remuneration, the general authority to repurchase shares and the general authority to provide financial assistance will be filed immediately for registration with the Companies and Intellectual Property Commission.
09-Jul-2012
(Official Notice)
Shareholders were referred to prior cautionary announcements, the last of which was released on SENS on 28 May 2012 wherein Trans Hex announced that an agreement with De Beers Consolidated Mines Ltd. ('DBCM') had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd., will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ('the proposed transaction'). Shareholders are advised that Trans Hex is currently finalising certain aspects of the proposed transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
28-Jun-2012
(Official Notice)
Shareholders are advised that the company's annual financial statements will be available on the company's website www.transhex.co.za on 29 June 2012 and contain no modifications to the audited results which were released on SENS on 1 June 2012.



Posting of notice of the annual general meeting

Notice is given that the 32nd annual general meeting of Trans Hex shareholders will be held at 10:00 on Wednesday 8 August 2012 at 405 Voortrekker Road, Parow to transact the business as stated in the annual general meeting notice being mailed to shareholders on 29 June 2012 and available on the company's website from that date.
01-Jun-2012
(C)
Sales revenue increased to R754.5 million (R658 million). Gross profit more than doubled to R191.3 million (R80 million) and mining profit soared to R107.9 million (R5.1 million). Net attributable profit amounted to R208.3 million (loss of R45.1 million). In addition, headline earnings per share from continuing operations grew to 74.9c (loss of 12.1cps).



Outlook

Baken mine continues to concentrate on lowering total costs and generating an acceptable margin, primarily through processing existing low-grade stockpiles, tailings and shallow gravels at increased throughput levels. South African production for the 2013 financial year is expected to be 80 000 carats. In Angola, the forecast is for Somiluana to produce 42 000 carats for the 2013 financial year.



Trans Hex is continuing with the appropriate course of action to exit from the discontinued Luarica and Fucauma projects in Angola. Tight controls over cash and costs will continue to be exercised in all areas of the group's business.



With regard to market conditions, in the short to medium term, future growth and demand for rough diamonds remain interlinked with the outcome in the Eurozone, continued US recovery and the level of growth in China, but demand for Trans Hex's production is expected to remain strong as the company's production portfolio is popular amongst polished manufacturers.



In respect of new business opportunities, an agreement with De Beers Consolidated Mines Ltd. ("DBCM") was signed on 6 May 2011 in terms of which, and subject to certain conditions precedent, Trans Hex's 50% held joint venture company, Emerald Panther Investments 78 (Pty) Ltd., will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM.



The proposed acquisition remains subject to the fulfilment of a number of conditions precedent, including all necessary statutory and regulatory approvals and approval of the transaction by Trans Hex shareholders in accordance with the JSE Listings requirements. Exploration activities are continuing in southern Africa and potential new ventures are being evaluated on an ongoing basis.
28-May-2012
(Official Notice)
Shareholders are referred to the cautionary announcements, dated 6 May 2011, 21 June 2011, 2 August 2011, 13 September 2011, 26 October 2011, 7 December 2011, 23 January 2012, 5 March 2012 and 16 April 2012 wherein Trans Hex announced that an agreement with De Beers Consolidated Mines Ltd. ("DBCM") had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd., will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the proposed transaction"). Shareholders are advised that Trans Hex is currently finalising certain aspects of the proposed transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
15-May-2012
(Official Notice)
Trans Hex is currently finalising its results for the twelve months ended 31 March 2012 ("the period"), which should be released on SENS on 1 June 2012. The group expects to report a net profit for the period of approximately R208 million compared to a loss of R45.1 million for the previous corresponding reporting period. Profit after tax from continuing operations is expected to amount to approximately R81 million (2011: loss of R11.4 million) primarily as a result of a 21.4% increase in South African carat production to 84 409 carats (2011: 69 508 carats) and a 14.7% increase in sales revenue to R755 million (2011: R658 million).



Profit after tax from discontinued operations is expected to amount to approximately R127 million (2011: loss of R33.7 million) as a result of the prescription of certain debts in respect of the terminated Luarica and Fucauma joint venture projects in Angola, the revision of certain provisions in respect of remaining liabilities relating to those projects, and the set-off of certain liabilities owed by joint venture parties to Trans Hex in respect of those projects, resulting in a reversal of impairment.



The group is expecting to report earnings per share from continuing operations of approximately 77 cents (2011: loss per share of 10.8 cents) and earnings per share from discontinued operations of approximately 121 cents (2011: loss per share of 31.9 cents). Headline earnings per share from continuing operations are expected to be approximately 76 cents (2011: loss per share of 14.3 cents) and headline earnings per share from discontinued operations are expected to be approximately 121 cents (2011: loss per share of 31.4 cents). Net cash generated during the period was approximately R80 million (2011: R21.9 million) resulting in the group's net cash position at the end of the reporting period being approximately R347 million (2011: R267.5 million). Net asset value per share at 31 March 2012 amounted to approximately 442 cents (2011: 292 cents).
16-Apr-2012
(Official Notice)
Shareholders are referred to the cautionary announcements, dated 6 May 2011, 21 June 2011, 2 August 2011, 13 September 2011, 26 October 2011, 7 December 2011, 23 January 2012 and 5 March 2012 wherein Trans Hex announced that an agreement with De Beers Consolidated Mines Ltd ("DBCM") had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd. will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the proposed transaction"). Shareholders are advised that Trans Hex is currently finalising certain aspects of the proposed transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
30-Mar-2012
(Official Notice)
Trans Hex announced the appointment of Sasfin Capital, a division of Sasfin Bank Ltd, as sponsor to the company with effect from 1 April 2012.
05-Mar-2012
(Official Notice)
Shareholders are referred to the cautionary announcements, dated 6 May 2011, 21 June 2011, 2 August 2011, 13 September 2011, 26 October 2011, 7 December 2011 and 23 January 2012 wherein Trans Hex announced that an agreement with De Beers Consolidated Mines Ltd ("DBCM") had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd, will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the Proposed Transaction"). Shareholders are advised that Trans Hex is currently finalising certain aspects of the Proposed Transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
07-Feb-2012
(Official Notice)
The group's February 2012 tender sale of South African production amounted to R145.6 million (19 562 carats at an average price of USD952 per carat and exchange rate of R7.82/USD). Eight single stones were sold for an average price of more than USD10 000 per carat, including three stones from Baken Mine which sold for over USD20 000 per carat.



Somiluana Mine in Angola, in which Trans Hex holds a 33% stake, realized a total of USD3.53 million for its December and January sales (8 119 carats at an average price of USD435 per carat). These sales reflect increased demand for rough diamond production at the start of 2012 and, having stabilized in the latter part of 2011, overall prices have now shown modest percentage increases. Year-to-date production at the group's South African operations amounted to 73 744 carats at end-January. During the first six months of the financial year 33 199 carats were produced, while 40 545 carats were produced in the four-month period from October 2011 to January 2012.



The production target for the full year is 82 000 carats. Year-to-date production at Somiluana amounted to 36 911 carats at end-January. During the first six months of the financial year 20 473 carats were produced, while 16 438 carats were produced in the four-month period from October 2011 to January 2012. The production target for the full year is 42 000 carats. The next sale of South African production will be held in March 2012. Somiluana conducts monthly sales.
07-Dec-2011
(Official Notice)
Shareholders are referred to the cautionary announcements, dated 6 May 2011, 21 June 2011, 2 August 2011, 13 September and 26 October 2011 wherein Trans Hex announced that an agreement with De Beers Consolidated Mines Ltd ("DBCM") had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd, will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the proposed transaction"). Shareholders are advised that Trans Hex is currently finalising certain aspects of the proposed transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
09-Nov-2011
(C)
08-Nov-2011
(Official Notice)
Trans Hex is currently finalizing its results for the six months ended 30 September 2011 ("the period"), which should be released on SENS on or about 9 November 2011. The group expects to report profit after tax from continuing operations of R16.3 million, against a loss of R86.5 million in the corresponding previous reporting period. group net profit for the period is expected to be R1.7 million compared to a loss of R103 million in September 2010. The group is expecting to report earnings per share for continuing operations of 15.4 cents (September 2010: loss per share of 81.8 cents) and headline earnings per share of 15.4 cents (September 2010: headline loss per share of 81.8 cents).



The following salient points will be fully reported upon when the group releases its results:

* South African operations generated a profit before tax of R24.9 million for the period, compared to a loss of R101.4 million in the corresponding reporting period in 2010.

* South African production amounted to 33 199 carats (September 2010: 32 288 carats).

* Sales revenue increased by 12.1% in Rand terms, from R242.7 million in September 2010 to R272 million.

* Net cash utilized during the period was R64.1 million (September 2010: R68.2 million) resulting in the group's net cash position at the end of the period being R203.4 million (September 2010: R177.3 million).

* Production at Somiluana in Angola increased significantly to 20 473 carats during the period (September 2010: 6 164 carats). Sales totalled USD9.8 million (September 2010: USD11.3 million, including the sale of pilot production carats).
26-Oct-2011
(Official Notice)
Shareholders are referred to the cautionary announcements, dated 6 May 2011, 21 June 2011, 2 August 2011 and 13 September 2011, in which Trans Hex announced that an agreement had been signed with De Beers Consolidated Mines Ltd ("DBCM") in terms of which, subject to certain conditions precedent, its 50% held joint venture company, Emerald Panther Investments 78 (Pty) Ltd, will acquire assets and liabilities of Namaqualand Mines, a division of DBCM ("the proposed transaction").



Status of the Namaqualand mines transaction

The proposed acquisition remains subject to a number of conditions precedent being met, including all necessary statutory and regulatory approvals. The following conditions have been met, as at 17 October 2011:

*unconditional written approval of the relevant Competition Authorities in terms of the Competition Act, No 89 of 1998; and

*approval of the transaction by the shareholders and the board of directors of DBCM.



Additional information on the transaction is available on the company's website on www.transhex.co.za. Shareholders are advised that Trans Hex is still finalising certain aspects of the proposed transaction and that they should accordingly continue to exercise caution when dealing in the company's securities until full details have been announced.
10-Oct-2011
(Official Notice)
Trans Hex currently has a primary listing on the Johannesburg Stock Exchange ("JSE") and a secondary listing on the NSX. The board of directors has decided that due to the company no longer having operations in Namibia, there is no longer justification for a listing on the NSX. There will be no change to the company's JSE listing. Namibian shareholders will be afforded the opportunity to continue trading their shares on the JSE and will continue to have access to any information concerning Trans Hex which is made public in South Africa via SENS announcements.
13-Sep-2011
(Official Notice)
Shareholders are referred to the cautionary announcements, dated 6 May 2011, 21 June 2011 and 2 August 2011, in which Trans Hex announced that an agreement had been signed with De Beers Consolidated Mines Ltd ("DBCM") in terms of which, subject to certain conditions precedent, its 50% held joint venture company, Emerald Panther Investments 78 (Pty) Ltd, will acquire assets and liabilities of Namaqualand Mines, a division of DBCM ("the proposed transaction"). The company announce that the Competition Commission has provided an unconditional clearance certificate in respect of the proposed transaction. Shareholders were advised that Trans Hex is still finalising certain aspects of the proposed transaction and that they should accordingly continue to exercise caution when dealing in the company's securities until full details have been announced.
10-Aug-2011
(Official Notice)
Trans Hex announced that the Namaqualand Diamond Fund Trust ("NDFT") has acquired a 5% shareholding in Trans Hex's 50%-held associate company, Emerald Panther Investments (Pty) Ltd ("EPI"). This follows the statement on 6 May 2011 in which Trans Hex announced that EPI had signed an agreement to acquire Namaqualand Mines ("NM"), a division of De Beers Consolidated Mines Ltd ("the proposed NM transaction"). The proposed NM transaction is subject to the fulfilment of a number of conditions precedent, including approval by shareholders of Trans Hex, the relevant competition authorities and other necessary regulatory bodies. EPI is now beneficially owned by Trans Hex (50%), together with JSE-listed investment company RECM and Calibre Limited (34%), Dinoka Investment Holdings (Pty) Ltd (11%) and the NDFT (5%). Certain aspects relating to the shareholding of EPI have not yet been finalised and the shareholding structure is therefore subject to change. The NDFT was founded in 1994 with the primary aim of improving the quality of life of all the inhabitants of Namaqualand, and specifically those living in the rural areas, and was financed by royalties generated from diamond mining in the region. The trust focuses on social and welfare programmes, educational support, infrastructure development, community services and small business development. The trustees of the NDFT include representatives of seven rural districts in Namaqualand (Buffelsrivier, Komaggas, Steinkopf, Pella, Richtersveld, Concordia and Leliefontein) as well as representatives of the Northern Cape provincial government.
04-Aug-2011
(Official Notice)
At the 31st annual general meeting of the shareholders of Trans Hex held on 4 August 2011, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes, with the exception of ordinary resolution number six (general authority to issue shares for cash).
02-Aug-2011
(Official Notice)
Shareholders were referred to the cautionary announcements, dated 6 May 2011 and 21 June 2011, whereby Trans Hex announced that an agreement with De Beers Consolidated Mines Ltd ("DBCM") had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint venture company, Emerald Panther Investments 78 (Pty) Ltd, will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the proposed transaction"). Shareholders are advised that Trans Hex is still finalising certain aspects of the proposed transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
29-Jun-2011
(Official Notice)
Shareholders were advised that the annual financial statements will be available on the company's website www.transhex.co.za on 30 June 2011 and contain no modifications to the audited results which were published on SENS on 2 June 2011.



Notice of the annual general meeting

Notice was given that the 31st annual general meeting of Trans Hex shareholders will be held at 10:00 on Thursday, 4 August 2011 at 405 Voortrekker Road, Parow to transact the business as stated in the annual general meeting notice being mailed to shareholders on 30 June 2011 and available on the company's website from that date.
21-Jun-2011
(Official Notice)
Shareholders are referred to the cautionary announcement, dated 6 May 2011, wherein Trans Hex announced that an agreement with De Beers Consolidated Mines Ltd ("DBCM") had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Pty) Ltd, will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the proposed transaction"). Shareholders are advised that Trans Hex is currently finalising certain aspects of the proposed transaction and therefore shareholders should continue to exercise caution when dealing in the company's securities until a full terms announcement is made.
02-Jun-2011
(C)
Sales revenue declined to R658 million (R715.7 million) and gross profit more than halved to R80 million (R188.1 million). A net attributable loss of R41.9 million (profit of R25.1 million). In addition, a headline loss from continuing operations of 45.1cps (earnings of 22.1cps) was recorded.



Annual report and AGM

The annual report will be mailed before 30 June 2011 and the annual general meeting is scheduled for 4 August 2011.



Outlook

As reported at the interim results, it was decided to suspend stripping operations at Baken given current exchange rates. The mine is now concentrating on lowering total costs and generating an acceptable margin by processing existing low grade stockpiles at increased throughput levels. South African production for the 2012 financial year is now expected to be 86 000 carats.



In Angola, the forecast for Somiluana for the coming year is to produce 42 000 carats. As of 1 October 2010 the operations are running on a continuous shift basis. Trans Hex is continuing discussions with its Angolan partners over the future of the Luarica and Fucauma projects. Tight controls over cash and costs will continue to be exercised in all areas.



Demand for rough diamonds remained strong throughout the financial period which saw a continued strengthening of prices. Prices for Trans Hex production currently stand at all time highs, buoyed by restocking of the diamond pipeline and good demand for polished diamonds, most notably from China and India. The strength in the market seems likely to continue given demand levels, but pricing levels are anticipated to show greater stability in the longer-term after a sustained period of increases.



In respect of new business opportunities, an agreement with De Beers Consolidated Mines Ltd ("DBCM") was signed on 6 May 2011 in terms of which, and subject to certain conditions precedent, Trans Hex's 50% held associate, Emerald Panther Investments 78 (Pty) Ltd will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM. Exploration activities are continuing in Southern Africa and potential new ventures are being evaluated on an ongoing basis.
30-May-2011
(Official Notice)
Trans Hex is currently finalising its results for the twelve months ended 31 March 2011 ("the period"), which should be released on SENS on 2 June 2011. The group expects to report a loss for the period of R45.1 million compared to a profit of R21.6 million for the previous corresponding reporting period.



The group is expecting to report a loss per share for continuing operations of 41.7 cents (2010: earnings per share of 23.8 cents) and a headline loss per share of 45.1 cents (2010: headline earnings per share of 22.1 cents).
06-May-2011
(Official Notice)
05-Apr-2011
(Official Notice)
Mr Mervyn Carstens, executive director for SA Land Operations, will be seconded on a full time basis as Managing Director of Trans Hex's new joint venture agricultural company based on the Lower Orange River flood plains from 6 April 2011. Accordingly, he has resigned as a director of Trans Hex, effective on 5 April 2011. Trans Hex holds a majority stake in the agricultural company which is being established as a key component of its Social and Labour Plan commitments in terms of the Mining Charter. The venture is aimed at creating a sustainable post-mining farming business. Further information on this venture will be provided in the group's annual report.
23-Mar-2011
(Official Notice)
Trans Hex provide an update in respect of its latest diamond sales. The Group's March 2011 tender sale of South African production amounted to R94.5 million (7 585 carats at a record average price of USD1 782 per carat and exchange rate of R6.99 / USD).



Five single stones were sold for an average price in excess of USD10 000 per carat, including two stones from Baken Mine which sold for over USD40 000 per carat. Project Luana in Angola, in which Trans Hex holds a 33% stake, realized a total of USD1.89 million for its March sale (4 303 carats at an average price of USD439 per carat).



These sales reflect continued strong demand and increasing prices for Trans Hex's rough diamond production. The next sale of South African production will be held in May 2011. Project Luana conducts monthly sales. The external auditors have not reviewed or reported on the information provided in this update and it does not constitute an earnings forecast.
07-Feb-2011
(Official Notice)
Trans Hex is pleased to provide an update in respect of its latest diamond sales and production. The Group's February 2011 tender sale of South African production amounted to R141 million (12 817 carats at a record average price of USD1 547 per carat and exchange rate of R7.11 / USD). Some 15 single stones were sold for an average price of more than USD10 000 per carat, including two stones from Baken Mine which sold for over USD20 000 per carat. Project Luana in Angola, in which Trans Hex holds a 33% stake, realized a total of USD3.78 million for its December and January sales (9 136 carats at an average price of USD414 per carat). These sales reflect continued strong demand and increasing prices for Trans Hex?s rough diamond production. Year-to-date production at the Group's South African operations amounted to 57 825 carats at end-January. During the first six months of the financial year 32 288 carats were produced, while 25 537 carats were produced in the four-month period from October 2010 to January 2011. The average grade at Baken Mine for the year to date is currently 1.3 carats/100m3. Implementation of the new mining plan which was adopted towards the end of September 2010 is continuing successfully. This plan targets sustainability at an average grade of 1.0 carat/100m3. Project Luana has produced a total of 20 505 carats since the commencement of production in June 2010. In the four-month period from June to September, 6 164 carats were produced and 14 341 carats were produced in the four months to end-January 2011, reflecting a successful programme of ongoing investment in the expansion of production capacity through cash generated from operations. To date, Luana has repaid USD3.45 million to Trans Hex against the outstanding investment amount. The next sale of South African production will be held in March 2011. Project Luana conducts monthly sales.

25 Nov 2010 12:19:35
(Official Notice)
Trans Hex provide an update in respect of its latest diamond sales. The group's November 2010 tender sale of South African production amounted to R100.6 million (12,360 carats at an average price of USD1.145 per carat and exchange rate of R7.10 / USD). 10 Single stones were sold for an average price of more than USD10,000 per carat and one stone of 23.22 carats, from Baken Mine, sold for over USD30,000 per carat.



Project Luana in Angola, in which Trans Hex holds a 33% stake, realized a total of USD2.33 million for its November sale (5,700 carats at an average price of USD409 per carat). Both sales reflect continued strong demand and increasing prices for Trans Hex's rough diamond production. The external auditors have not reviewed or reported on the information provided in this update and it does not constitute an earnings forecast.

28-Oct-2010
(C)
Group revenue decreased to R242.6 million (September 2009: R370.8 million). Gross loss was at R48.8 million (September 2009: Gross profit of R97.8 million).Net loss for the period was R103 million (September 2009: Profit of R8.7 million). In addition, the headline loss per share from continuing operations was 96.6cps (September 2009: Headline earning per share from continuing operations of 9.1cps).



Dividend

No dividend has been declared.



Prospects

Towards the end of the reporting period, the grade at SA Land Operations started to recover. However, at the same time the rand strengthened significantly and it was decided to suspend stripping operations at Baken until the rand weakens. The mine is now concentrating on lowering total costs and generating an acceptable margin by processing existing low grade stockpiles at increased throughput levels. South African production for the 2011 financial year is now expected to be 74 000 carats. In Angola, the forecast for Luana for the coming six months is to produce 31 000 carats.



As of 1 October the operations are running on a continuous operations shift system and a step change is already evident in the month to date figures for October. Trans Hex is continuing discussions with its Angolan partners over the future of the Luarica and Fucauma projects. Tight controls over cash and costs will continue to be exercised in all areas. As far as new business opportunities are concerned, exploration activities are continuing in South and southern Africa and potential new ventures are being evaluated, as a priority, on an ongoing basis. With regard to sales, it is anticipated that demand for rough will remain strong given the future supply scenarios for high quality gem producers like Trans Hex.



Changes in directorship

At the board meeting held on 27 May 2010, Mr Bernard van Rooyen was confirmed as chairman of the board for a further period of one year. Further to Remgro's unbundling of its shareholding in Trans Hex, Dr E de la H Hertzog, Advocate T van Wyk and Mr J Dreyer resigned as directors of Trans Hex on 26 October 2010.
26 Oct 2010 13:32:18
(Official Notice)
Pursuant to Remgro Limited unbundling its stake in Trans Hex, the company announces the resignation of Dr. E de la H Hertzog, Mr. J W Dreyer and Adv. T van Wyk from the board of directors, effective 26 October 2010.
25 Oct 2010 07:30:54
(Official Notice)
Trans Hex is currently finalizing its results for the six months ended 30 September 2010 ("the period"), which should be released on SENS on 28 October 2010. The group expects to report a loss for the period of R103 million compared to a profit of R9 million for the previous corresponding reporting period. The group is expecting to report a loss per share for continuing operations of 96.7 cents (Sep 2009: earnings per share of 9.7 cents) and a headline loss per share of 96.6 cents (Sep 2009: headline earnings per share of 9.1 cents).
25 Aug 2010 10:51:34
(Official Notice)
South African carat production has been below target for the year to date, primarily as a result of grade under-performance at Baken mine (average of 1.30 carats/100m3 against budget of 1.75 carats/100m3). It is expected that the Baken grade will recover during the second half of the year. The group's May 2010 sale amounted to R114.7 million, at an average price of USD927 per carat, reflecting continued strong demand and prices for Trans Hex's rough diamond production.



Angola

Following the signing of the mining contract for project Luana, in which Trans Hex has a 33% interest, in May 2010, pilot mining operations commenced in July 2010. Stockpiled exploration and pilot production of 26 452 carats was sold subsequently, at an average price of USD312 per carat, realising total proceeds of over USD8.2 million. A minimum of 8 300 carats will be sold during September 2010. The Luana partners have agreed to a one year business plan which will result in the mine initially being developed from internally generated funds. Projects Luarica and Fucauma (in which Trans Hex holds 35% and 32% respectively) remain under care and maintenance.
05 Aug 2010 15:54:13
(Official Notice)
At the thirtieth annual general meeting of the shareholders of Trans Hex held on 5 August 2010, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolutions will be lodged for registration with the Companies and Intellectual Property Registration Office in due course.
29 Jun 2010 12:28:53
(Official Notice)
Shareholders are advised that the annual financial statements will be distributed to shareholders on or about 30 June 2010 and contain no modifications to the audited results which were released on SENS on 31 May 2010. Notice is hereby given that the 30th annual general meeting of Trans Hex shareholders will be held at 10:00 on Thursday, 5 August 2010 at 405 Voortrekker Road, Parow to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.

31 May 2010 08:27:24
(C)
Sales revenue for the year from continuing operations increased to R715.6 million (2009: R637 million) . In contrast compared to the same period last year, a gross profit of R188 million was reported this year (2009: -R149 million). Profit for the period was higher at R21.6 million (2009: -R797 million). Furthermore, headline earnings per share rose to 19.5cps.



Dividend

In order to maintain cash resources the directors deem it prudent not to declare a final dividend.



Outlook

South African land operations production is anticipated around 100 000 carats for the 2011 financial year. The declining grade at Baken will be countered by increasing the plant throughput. Tight cost and cash control will continue to be exerted. The group remain positive for demand and pricing levels as sales since year-end have continued to show a strengthening in prices. Longer-term, reduced rough production levels globally and a gradual recovery in major economies from the recession will likely see demand for rough production increase The Luana mining contract was signed on 12 May 2010 Pilot production will continue with equipment already on site, and the partners will in due course decide how the mine will be developed. Sale of Luana product will commence imminently.
25 May 2010 07:35:03
(Official Notice)
Trans Hex is currently finalising its results for the year ended 31 March 2010 ("the period"), which will be released on SENS on or about 31 May 2010. The profit for the period is expected to be R22 million compared to a loss of R798 million for the previous comparable reporting period. The Group is expecting to report earnings per share for continuing operations of 23,8 cents (2009: loss of 719,4 cents) and headline earnings per share of 22,1 cents (2009: headline loss of 585,1 cents). The financial information on which this trading statement is based has not been reviewed and reported on by the group's auditors.



The following salient points will be fully reported upon, when the group releases its results for the period:

*During the period, prices have improved significantly and demand for Trans Hex production has remained strong compared to a difficult 2009 financial year when demand and prices for rough diamond production fell significantly due to the global financial crisis. *Stringent cost management resulted in substantial reductions in cash operating costs against the previous comparative period.

*Net cash generated was R40 million (2009: R11 million generated) resulting in the group's net cash position increasing to R246 million (2009: R205 million). The cash balance at end of year would have been R307 million if the 10% lots of diamonds tied up at the State Diamond Trader, valued at R61 million had been sold during the current financial year.
14 May 2010 08:52:48
(Media Comment)
According to Business Report, Trans Hex Group has been granted a 33% stake in a venture that produce diamonds in Angola's Lunda-Norte province. A contract converting its prospecting accord for the Luana concession had been signed on Wednesday. The agreement gave Trans Hex the right to appoint the general manager, financial manager and operational manager of the project. The contract was first awarded in three years by Endiama, Angola's state-run diamond company, and was "a sign of the industry recovering from a crisis", according to Endiama chairman Antonio Carlos Sambula.
13 May 2010 08:09:24
(Official Notice)
Negotiations for the conversion of its prospecting contract for the Luana Concession in Angola to a mining contract have been successfully concluded and that the mining contract was signed on 12 May 2010. Through the successful prospecting activities and the approved feasibility study, Trans Hex has earned its 33% equity interest in the mining company. The mining contract allows for Trans Hex to appoint the general manager, financial manager and operations manager. Pilot production will continue with equipment already on site, and the partners will in due course decide how the mine will be developed. Sale of Luana product will commence forthwith. The Luarica and Fucauma operations remain mothballed with minimal care and maintenance costs being incurred.
03 Mar 2010 14:46:15
(Official Notice)
The group reported that its February 2010 sale amounted to R117.8 million, reflecting continued strong demand and increasing prices for Trans Hex's rough diamond production. The group further reported that production currently valued at R57 million is still pending sale within the state diamond trader sales process. It is anticipated that this process will be concluded early in the new financial year.
01 Feb 2010 12:32:58
(Official Notice)
Graham Muller, Executive Director - Finance, has resigned from the board of Trans Hex in order to pursue other opportunities. Ian Hestermann, B.Comm (Hons)CA(SA), has been appointed as Acting Financial Director, with immediate effect and until further notice.

10 Nov 2009 09:00:52
(C)
Group revenue at R370.8 million (R329.7 million) was higher than the comparative period. Gross profit more than doubled to R85.3 million (R22.5 million).Net profit for the period was R8.7 million (loss of R64.4 million). In addition, the headline profit per share grew to 9.1cps (loss of 52cps).



Dividend

No dividend has been declared.



Prospects

The achievements for the period, and the company's return to profitability, are largely attributed to two factors, stringent cost management that resulted in substantial reductions in cash operating costs against the previous comparative period, and effective cash generation by their operations that resulted in net cash flow increasing from a net outflow of R97 million to a net inflow of R42 million.



The grade at Baken, South Africa, is expected to improve as planned mining operations have moved to areas which are expected to produce higher grades. Both demand and pricing of the group's product are expected to be stable over the balance of the financial year. Tight cost and cash control will continue to be exerted. Negotiations at Luana are continuing and are expected to be concluded by financial year-end.



Changes to the board

The company secretary, Mr George Zacharias, has resigned effective 30 November 2009, and will be replaced by Mr Ian Hestermann.
02 Nov 2009 17:31:20
(Official Notice)
Trans Hex is currently finalising its results for the six months ended 30 September 2009, which should be released on SENS on 10 November 2009. The profit for the period is expected to be R9 million compared to a loss of R64 million for the previous corresponding reporting period. The group is expecting to report earnings per share for continuing operations of 9.7 cents (September 2008: loss of 53.0 cents) and headline earnings per share of 9.1 cents (September 2008: headline loss of 52.0 cents).
22 Sep 2009 15:25:39
(Official Notice)
The board regrets to announce the resignation of Mr P Lazarus Zim as non-executive director and chairman of the board with immediate effect. The deputy chairman, Mr B R van Rooyen will assume the chairmanship of the board until such time a replacement chairman is appointed.
07 Aug 2009 13:32:58
(Official Notice)
At the twenty-ninth (29th) AGM of the shareholders of Trans Hex held today, 7 August 2009, all the resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolution will be lodged for registration with the companies and intellectual properties registration office in due course.
21 Jul 2009 13:37:35
(Official Notice)
At the group's July tender sale 17 075 carats were sold generating a revenue of USD16.6 million. The average price was USD973/carat. In total 86 stones in excess of 10 carats were sold with 13 stones in excess of 20 carats and two stones in excess of 50 carats in weight. The sale reflected the continued upward rise in rough diamond prices which has been experienced since March 2009, as well as continued strong demand across the entire Trans Hex production range. The group's cash resources have, as a result of the positive July tender sales, increased from R205 million at year end to current levels of R293 million.



The feasibility study for the Luana Concession in Angola has been completed and approved by the Angolan Government. Pre feasibility drilling and bulk sampling programmes allowed the delineation of 3 million carats in Indicated resources and over 10 million carats in Inferred resources. Negotiations for the conversion of the current prospecting contract to a mining contract are in progress. The Laurica and Fucauma operations remain mothballed with minimal care and maintenance costs being incurred.
30 Jun 2009 14:33:05
(Official Notice)
No change statement

With regard to the audited results for the year ended 31 March 2009, shareholders are advised that the annual financial statements have been posted on Trans Hex's website (www.transhex.co.za) and will be distributed to shareholders on 30 June 2009 and contain no modifications to the audited results which were published on SENS on 26 May 2009.



Notice of the annual general meeting

Notice is hereby given that the 29th annual general meeting of Trans Hex shareholders will be held at 10:00 on Friday 7 August 2009 at 405 Voortrekker Road, Parow to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
04 Jun 2009 14:57:34
(Official Notice)
Mr Pine Pienaar, Chief Executive Officer has resigned and as a director of Mvela Resources. Mr Pienaar has also resigned as a non-executive director of Trans Hex, in which Mvela Resources has a 20,3% shareholding.
26 May 2009 08:20:49
(C)
Sales revenue from continuing operations declined to R637.3 million (R880.9 million). A gross loss of R149.5 million (profit of R178 million) was made. The net attributable loss for the year widened to R797.6 million (loss of R18.5 million). In addition, the headline loss on a per share basis worsened to 602.3cps (loss of 7.5cps).



Dividend

No dividend has been declared.



Outlook

The grade achieved at Baken is anticipated to improve as planned mining operations move to areas which are expected to produce higher grades. The production of high quality and large size stones at the Richtersveld operations of Nxodap and Bloeddrif, should continue. South African Land operations production of approximately 100 000 carats is anticipated for the 2009/2010 financial year. The mining contract negotiations at the Luana project in Angola should be concluded during the financial year. The demand for and the strengthening in prices for the group's product is anticipated to continue through out the 2009/2010 financial year. Costs will be controlled to ensure the sustainability of the group in current market conditions.
19 May 2009 15:36:15
(Official Notice)
Trans Hex is currently finalising its results for the year ended 31 March 2009, which should be released on SENS on 26 May 2009. The loss for the period is expected to be R798 million after accounting for pre- tax impairments of R569 million, compared to a loss of R18 million for the previous corresponding reporting period. These impairments include an impairment of the group's Angolan investments of R460 million. The group is expecting to report a loss per share for continuing operations of 690.3c (2008: loss of 1.4c) and headline loss per share of 585.1c (2008: headline earnings of 8.6c). Adjusted headline loss per share after accounting for the full impact of the impairments is expected to be 248.4c (2008: adjusted headline earnings of 8.6c). The financial information on which this trading statement is based has not been reviewed and reported on by the company's auditors.
05 Mar 2009 14:32:50
(Official Notice)
Shareholders are referred to the cautionary announcements dated 4 September 2008, 16 October 2008, 1 December 2008 and 12 January 2009, and are advised that ongoing discussions with De Beers Consolidated Mines Ltd in relation to the mining and processing operations conducted by DBCM's Namaqualand Mines Division, have ceased in view of the current uncertain global economic and industry conditions. Caution is no longer required to be exercised by shareholders when dealing in their securities.
20 Feb 2009 15:16:26
(Official Notice)
Further to the cautionary announcements released on SENS on 4 September 2008, 16 October 2008, 1 December 2008 and 12 January 2009, shareholders of Trans Hex are advised that negotiations are still in an ongoing phase with De Beers Consolidated Mines Ltd in relation to Trans Hex exploring options regarding the mining and processing operations conducted by DBCM's Namaqualand Mines Division. Shareholders of the company are advised to continue exercising caution when dealing in the company's securities until a detailed announcement is made.
12 Jan 2009 08:01:31
(Official Notice)
Shareholders of Trans Hex are advised that negotiations are still in an ongoing phase with De Beers Consolidated Mines Ltd in relation to Trans Hex exploring options regarding the mining and processing operations conducted by DBCM's Namaqualand Mines Division. Shareholders of the company are advised to continue exercising caution when dealing in the company's securities until a detailed announcement is made.
01 Dec 2008 14:46:51
(Official Notice)
Further to the cautionary announcements released on SENS on 4 September 2008 and 16 October 2008, shareholders of Trans Hex are advised that negotiations are still in an ongoing phase with De Beers Consolidated Mines Ltd ("DBCM") in relation to Trans Hex exploring options regarding the mining and processing operations conducted by DBCM's Namaqualand Mines Division. Shareholders of the company are advised to continue exercising caution when dealing in the company's securities until a detailed announcement is made.
12 Nov 2008 07:45:04
(C)
Group revenue at R329.7 million (R394.6 million) was 16% lower than the comparative period. Gross income more than halved to R22.5 million (R51.4 million). The net loss for the period widened substantially to R64.4 million (loss of R11.1 million). In addition, the headline loss per share grew to 52cps (loss of 22cps).



Dividend

No dividend has been declared.



Prospects

With the improved grades currently being achieved at Baken, South African carat production is expected to increase by 25% in the second half. In spite of the current high inflationary cost environment, additional cost control measures have started to yield results.



Production at Fucauma is anticipated to increase further as Trans Hex's recovery plan gains impetus. At Luana pilot production is expected to increase from 2 000 carats per month to 5 000 carats per month by year end. The feasibility study is due to be concluded during November 2008 and is anticipated to confirm the high potential of this resource.



Given the economic climate, rough and polished sales are likely to face a difficult period until confidence returns. This will to some extent be mitigated should the current ZAR/USD exchange rate prevail. Management remains positive that strong demand for the high-value large stones which Trans Hex produces will return to pre-global credit crisis levels.
16 Oct 2008 08:55:22
(Official Notice)
Further to the cautionary announcement released on SENS on 4 September 2008, shareholders of Trans Hex are advised that the company is in ongoing discussions, on an exclusive basis, with De Beers Consolidated Mines Ltd ("DBCM") in relation to Trans Hex exploring options regarding the mining and processing operations conducted by DBCM's Namaqualand Mines Division. Shareholders of the company are advised to continue exercising caution when dealing in the company's securities until a further announcement is made.
15 Sep 2008 10:14:44
(Official Notice)
Trans Hex hereby announces the resignation, effective 15 September 2008, of Mr D M Falck from the board of directors following his recent retirement as financial director of Remgro Ltd. Trans Hex announces the appointment of Advocate Theodore van Wyk as a non- executive director of the group with effect from 15 September 2008. Advocate van Wyk has been an executive director of Rembrandt Group/Remgro Ltd since April 1990. He serves on the boards of various companies and he is the chairman of Wispeco Holdings Ltd and deputy chairman of Business Partners Ltd.
04 Sep 2008 08:00:32
(Official Notice)
Shareholders of Trans Hex are advised that the company has entered into discussions, on an exclusive basis, with De Beers Consolidated Mines Ltd ("DBCM") in relation to Trans Hex exploring options regarding the mining and processing operations conducted by DBCM's Namaqualand Mines Division ("the transaction"). If negotiations are successfully concluded, the transaction may have a material effect on the price at which the company's securities trade on the JSE Ltd and the Namibian Stock Exchange. Accordingly, shareholders of the company are advised to exercise caution when dealing in the company's securities until a further announcement is made.
01 Aug 2008 15:43:10
(Official Notice)
At the 28th annual general meeting of the shareholders of Trans Hex held on 1 August 2008, the requisite majority of shareholders approved all the ordinary and special resolutions proposed at the meeting. The special resolution will be lodged for registration with the Companies and Intellectual Properties Registration Office in due course.
16 Jul 2008 11:52:14
(Official Notice)
The 2008 calendar year has seen a significant strengthening in rough diamond prices in all categories but particularly in the large high quality stones which constitute the bulk of the Trans Hex Production. The total value of the Trans Hex July sale was 11 823 carats generating a revenue of just under USD17 million. The average price was USD1426/carat.



The members of the Fucauma Association have granted Trans Hex operational responsibility for the Fucauma mine for a period of four years.



A due diligence into a potential joint venture with Kimberly Consolidated Mines Ltd (KCM) in respect to its Carter Block concessions in the Northern Cape Province of South Africa has been concluded.
24 Jun 2008 09:35:02
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 31 March 2008 contain no modifications to the audited results which were published on SENS on 28 May 2008. The annual report has been posted on the company?s website (www.transhex.co.za) with effect from 24 June 2008 and will be distributed to shareholders on 30 June 2008.



Notice of Annual General Meeting

Notice is hereby given that the 28th annual general meeting of Trans Hex shareholders will be held at 14:30 on Friday 1 August 2008 at the company?s registered office, 405 Voortrekker Road, Parow.
28 May 2008 08:35:47
(C)
Rand revenue at R880.9 million was 11% lower than the prior year's revenue of R984.9 million. Mining income declined by more than 50% to R69.7 million (R145.7 million). A loss attributable to ordinary shareholders of R18.5 million (profit of R41.7 million) was recorded. As a result, a headline loss of 17.5cps was registered, compared to a profit of 39.3cps previously.



Dividend

A final ordinary dividend of 5cps has been declared.



Outlook

The significant progress which has been made towards implementing operational efficiencies at the group's production facilities, as well as a marked improvement in operating costs at the South African land operations, is expected to continue.



The Bloeddrif mine will be operated under current low-cost structure in order to lay the foundation for a high-volume, low-cost mine. A significant milestone in the recovery of the Angolan operations by achieving operational responsibility of Fucauma has been attained and the process of implementing an extensive recovery plan which is expected to drive improved production and reduce costs, is under way. Production levels at Luarica are anticipated to improve further. The feasibility study of the high-potential Luana resource has commenced. Various options for the disposal of the mining vessels are being actively pursued.



Demand and pricing for larger sizes of rough diamonds have been strong during the last quarter and the outlook for rough diamond prices in the long term appears positive.
22 May 2008 12:54:15
(Official Notice)
Headline earnings per share for the period are expected to be 8.6 cents compared to 31.2 cents for the prior year. The loss for the period (after accounting for the impairment of R26.4 million) is expected to be R1.4 million (1.5 cents per share) compared with a profit of R51.8 million (48.9 cents per share) for the previous year. The results for the year ended 31 March 2008 will be released on SENS on 28 May 2008.
08 May 2008 13:19:21
(Official Notice)
Trans Hex announced that following extended negotiations, the members of the Fucauma Association have granted to Trans Hex, the management control of the Fucauma project, for a period of four years with effect from 7 May 2008.
10 Apr 2008 14:27:50
(Official Notice)
Trans Hex continues to make good progress implementing operational improvements at both its production and exploration facilities and has now built a firm platform from which to turn the business around. Second half production from the South African operations is expected to be in line with that of the first half. The Bloeddrift plant was successfully re-commissioned during November 2007 and production has been increased from pre-shutdown levels of 28 000m3 to 40 000m3 per month. Operating costs have been driven down from a high of R129/m3 (R51/ tonne) to R70/m3 (R28/ tonne) and further reductions are expected to bring costs to below R60 per m3 on a sustainable basis from April 2008.



Demand and pricing for higher quality and large sized rough diamonds, with which Trans Hex's production is synonymous, continues to be strong. 23154 carats were sold at the final sale of the year and achieved a sale price of USD29.3 million. Prices achieved in most categories for this sale were approximately 14% above those achieved at the previous sale during November 2007, partially as a result of the exceptional quality of the stones. Production from the Angolan operations continues to be affected by difficult operating conditions. Management has made considerable progress in implementing long-term solutions to resolving operational difficulties and is achieving recovery plan milestones. The Namibian operations, comprising the group's two deep water mining vessels, continue to make losses and various options for exiting this business are being actively considered.



Trans Hex's results for the financial year ending 31 March 2008 are expected to be published on or about 28 May 2008.
13 Mar 2008 15:48:02
(Official Notice)
Shareholders are referred to the circular posted to shareholders on 22 October 2001 regarding the creation of 16 million unsecured 13.5% participating compulsorily convertible debentures and a specific issue of the debentures to Mvelaphanda Diamonds (Pty) Ltd, which was approved by shareholders on 13 November 2001, with the debentures having been issued on 5 March 2002 at R9.50. Shareholders are hereby informed that the 16 million debentures became finally due for conversion into ordinary shares on a one for one basis, on 5 March 2008. The JSE has accordingly granted an application for the listing of 16 million ordinary Trans Hex shares at a price of R9.50 per ordinary share, which shares have been allotted to Mvela Resources effective 13 March 2008.
30 Jun 2006 15:16:33
(Official Notice)
With regard to the audited results for the year ended 31 March 2006, shareholders are advised that the annual financial statements were distributed to shareholders on 30 June 2006 and contain no modifications to the audited results which were published on SENS on 31 May 2006. The twenty-sixth annual general meeting of the company's shareholders will be held at the company's registered office, 405 Voortrekker Road, Parow, Cape Town on 4 August 2006
31 May 2006 08:58:25
(C)
23 May 2006 17:09:35
(Official Notice)
The company's financial results for the year ended 31 March 2006 should be released on SENS on 31 May 2006. Mining income decreased by 34% to R156 million (R237 million) mainly as a result of softer diamond prices in the latter half of the year and the scaling down of the Middle Orange River and Tirisano Mine marginal operations. Cost of sales increased by 20% to R931 million mainly as a result of the reduction in diamond inventories (R106 million movement year on year). Other cost of sales increased by 6.7% from the previous year. The main contributors to these increases are the higher fuel prices and the higher labour costs relating to the implementation of the maximum shift system. At the Angolan operations, production ramp-ups are in progress with the upgraded plants at these operations being commissioned during the financial year. As announced in the interim results released on SENS on 14 November 2005, and in accordance with IAS 36, the group has recorded impairments totaling R150 million. These relate to investments in the Matikara alluvial exploration projects in Angola and the Tirisano Diamond Mine. The board has taken a decision to dispose of the Middle Orange River assets and subsequently the value of these assets has been partially impaired. The loss for the year, after impairments, amounts to R121 million compared to a profit of R96 million for the prior year. As a result of the above, shareholders are advised that loss per share is expected to be 114.5c (224% lower than the prior year) and headline earnings per share are expected to be 28.2c (67% lower than the prior year).
10 May 2006 10:20:22
(Official Notice)
Trans Hex has concluded a prospecting joint venture agreement with the Angolan State Diamond Organisation (Endiama), together with certain minority partners, resulting in Trans Hex Angola securing a 33% interest in the Luana Concession. The signing of the agreement sees the successful conclusion of the conversion of the current service agreement into a full scale joint venture agreement. In terms of the previous service agreement Trans Hex completed a dredge sampling program on the Luana River which produced encouraging results. A detailed bulk sampling program will now be implemented whereafter a mine feasibility study will be presented to the project partners.
14 Nov 2005 08:59:42
(C)
Diamond sales were 15% higher in rand terms at R612 million (R533 million) and 12% higher in dollar terms at USD92.8 million (USD82.5 million). Attributable income, before impairments, decreased by 44% to R48 million (R85 million), resulting in a 40% decrease in headline earnings per share to 46.1c (77.2c). Mining income decreased by 14% to R125 million (R145 million). Cost of sales increased by 25% to R486 million (R388 million). The main contributors to the increase in cost of sales were increased fuel costs as well as higher labour and associated costs relating to the implementation of the maximised shift system. Despite this increase in costs, the unit cost per volume treated reduced by 6%. Start-up mining activities, mainly at Fucauma, also contributed to the increase in costs. Increased exploration activities, especially in Angola, contributed to the higher exploration cost of R39 million (R14 million). Cash flows remain strong with cash retained from operating activities improving from R38 million to R110 million. In accordance with IAS 36 the group has recorded impairments totalling R147 million. These relate to investments in the Matikara alluvial exploration projects in Angola and the Tirisano Diamond Mine. The board has taken a decision to dispose of the Middle Orange River assets and subsequently the value of these assets has been partially impaired.



Prospects

Medium to long-term volumes are expected to increase with the plant capacity upgrades at Luarica in Angola and at the PK Plant in the Lower Orange River region. In addition, the benefits achieved as a result of improved plant efficiency following the implementation of the maximised shift system at the Lower Orange River operations, are anticipated to continue. The board remains optimistic that demand for rough diamonds will remain strong with resultant firm or slightly improved diamond prices being achieved.



Dividend

The directors of Trans Hex have resolved to declare dividend number 50 of 20c per share for the interim period ended 30 September 2005.
09 Nov 2005 16:14:03
(Official Notice)
Wilhelm Emil Buhrmann has resigned as a non-executive director from the board of Trans Hex, with effect from 7 November 2005. Denis Martin Falck has been appointed as a non-executive director to the board, with effect from 7 November 2005.
09 Nov 2005 11:29:45
(Media Comment)
Trans Hex's share price fell 16.18% on 8 November 2005 after the group announced that it expected a significant drop in headline earnings.
07 Nov 2005 17:14:14
(Official Notice)
The company is currently finalising its results for the half year ended 30 September 2005, which should be released on SENS on 14 November 2005. In this regard, shareholders are advised that the loss per share after impairments will be 93.7c (81.2c earnings). Headline earnings per share will be 46.1c (77.2c). The reduction in headline earnings per share is mainly due to increased exploration activities and the impact of the higher oil price on the South African operations. The loss per share is attributable to the impairment of certain exploration projects, the results of which have proved uneconomic. The financial information on which this trading statement is based has not been reviewed and reported on by the company's auditors.
05 Aug 2005 17:00:08
(Official Notice)
At the annual general meeting of the shareholders of Trans Hex held today, 5 August 2005, the requisite majority of shareholders approved all the ordinary and special resolutions proposed at the meeting. The special resolution will be lodged for registration with the Registrar of Companies in due course.
30 Jun 2005 11:58:53
(Official Notice)
With regard to the audited results for the year ended 31 March 2005, shareholders are advised that the annual financial statements were distributed to shareholders on 30 June 2005 and contain no modifications to the audited results which were published on SENS on 30 May 2005. The annual general meeting will be held at the companys registered office, 405 Voortrekker Road, Parow, Cape Town on 5 August 2005 at 15:30.
09 Jun 2005 16:16:30
(Media Comment)
Commenting on the government`s proposition to implement a export tax levy on diamond producers, an analyst told Business Report that it may damage Trans Hex and stunt job creation.
23-Sep-2015
(X)
Trans Hex is an integrated, international company engaged directly and through associated companies and joint-venture agreements with others in the exploration for, mining and marketing of high-quality diamonds from land and marine alluvial deposits.


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