ASX-listed Newfield Resources on Thursday approved the $29.4-million development of the Tongo diamond mine, in Sierra Leone, announcing that it would raise $30.5-million through the issue of unsecured corporate bonds.
“We are delighted to have agreed …
Newfield approves new diamond mine Read More »
LSE-listed Petra Diamonds delivered solid results for the financial year ended June 30, despite a difficult market environment, while it continues its transition from a period of high capital investment to a steady-state operational phase, CE Richard D…
Petra delivers solid full-year performance in tough market Read More »
Australia’s rough diamond output will decline from 14.2-million carats to 137 000 ct once the Argyle mine closes in 2021, says data and analytics company GlobalData.
The company notes that the country’s rough diamond supply has been entirely reliant …
Australia’s rough diamond output set to decline drastically Read More »
Aim-listed BlueRock Diamonds has sold a 12.2 ct diamond for $105 000 in its July tender.
This diamond, at $8 584/ct, was the second-most valuable diamond the company had recovered to date, following the sale of a 24.9 ct diamond in the June tender fo…
BlueRock sells 12.2 ct diamond for $105 000 Read More »
Canada-headquartered diamond miner Lucara Diamond has chosen the name Sewelô, meaning “rare find” in Setswana, for the 1 758 ct diamond recovered from its Karowe mine, in Botswana, in April. The name was selected from over 22 000 submissions in a conte…
Lucara names 1 758 ct diamond ‘rare find’ Read More »
Aim-listed Botswana Diamonds has raised £250 000, through the placing of 50-million shares with new and existing investors at 0.5p a share. This represents about 7.98% of the company’s issued share capital.
Botswana Diamonds raises £250 000 Read More »
Diamond miner De Beers has revised its full-year production guidance downward to about 31-million carats, leaning towards the lower end of the previous range of between 31-million and 33-million carats, in response to weaker trading conditions experien…
De Beers lowers full-year output expectations on weaker demand Read More »
Diamond miner De Beers has revised its full-year production guidance downward to about 31-million carats, leaning towards the lower end of the previous range of between 31-million and 33-million carats, in response to weaker trading conditions experien…
De Beers lowers full-year output expectations on weaker demand Read More »
Russian diamond miner Alrosa has entered into a joint venture (JV) agreement with Zimbabwe national diamond miner Zimbabwe Consolidated Diamond Company (ZCDC) to develop diamond deposits in the Southern African country. The agreement was signed by Alro…
Alrosa signs JV agreement with Zimbabwean miner Read More »
TSX-listed Tsodilo Resources has submitted a renewal application for prospecting licence 369/2014 to the Botswana Department of Mines (DoM) within the Ministry of Mineral Resources, Green Technology and Energy Security. The renewal application is for a…
Tsodilo planning surface bulk sampling programme at BK16 Read More »
