Diamond miner De Beers’ rough diamond sales increased to $545-million for the first sales cycle of this year. This was higher than the $426-million in sales recorded for the tenth sales cycle of 2019, as well as the $500-million in sales recorded for t…
De Beers’ rough diamond sales increase in first sight of this year Read More »
Diamond miner Lucapa has entered into a cutting and polishing agreement with leading diamond manufacturing group Safdico International over its Lulo alluvial mine, in Angola.
As a preferred buyer, Safdico could purchase up to 60% of Lulo’s yearly all…
Lucapa inks polishing deal at Lulo Read More »
Aim-listed Botswana Diamonds has undertaken a placing with existing and new investors to raise £250 000 to fund exploration activities in Botswana, Zimbabwe and South Africa.
The company will issue about 41-million new ordinary shares, at a placing p…
Botswana Diamonds raises £250 000 for exploration Read More »
London-listed Petra Diamonds expects to report production of 2.07-million carats of diamonds for the six months ended December 31.
In a trading update published on Monday, ahead of the release of its interim results on February 17, the miner noted tha…
Petra expects higher diamond prices, production in six months to June 30 Read More »
Mountain Province Diamonds Inc. [MPVD-TSX, NASDAQ] sees reasons for optimism in the rough diamond market…
Mountain Province optimistic about rough diamond market Read More »
Sentiment in the rough diamond market was “slightly more optimistic” towards the end of 2019 and has remained “relatively positive” as the market prepares for the first selling cycle of 2020, Canadian miner Mountain Province reports.
The company, whic…
Mountain Province: Mine closures will help balance market Read More »
De Beers’ rough diamond production for the fourth quarter of 2019 decreased by 15% to 7.8-million carats, driven by lower production in South Africa and Botswana. While trading conditions had improved compared with the previous quarter, production was …
Softer demand impacts on De Beers’ fourth-quarter output Read More »
The government of Russia’s Yakutia region, which has a stake in diamond producer Alrosa, has proposed the company sell rough diamonds worth $0.5-billion to $1-billion to the precious metals and gems repository Gokhran in 2020, Interfax news agency repo…
Shareholder in Russia’s Alrosa proposes selling up to $1bn of diamonds to Gokhran – Ifax Read More »
Aim-listed BlueRock Diamonds turned a profit for the first time during the second half of the 2019 financial year, the success of which was based the diamond producer having sold 12 675 ct of diamonds for the year, marking an increase of 118% over the …
BlueRock posts maiden profit Read More »
The artisanal and small-scale mining (ASM) sector is in need of formalisation in order to establish itself as a legitimate source of diamond supply; however, faced with complex mining ecosystems and operating conditions that are vastly different from t…
GemFair can positively transform ASM sector, says De Beers Read More »
