Canadian mining company Lucara Diamond Corporation expects revenue from its unique supply agreement with HB Group to start realising during the third quarter.
This follows after Lucara decided to not tender any of its diamonds larger than 10.8 ct in …
Lucara posts $14m second-quarter net loss, but supply agreement will soon boost revenue Read More »
South African Diamond Producers Organisation (Sadpo) chairperson Gert van Niekerk reports in a newsletter that the organisation’s former deputy chairperson and co-founder Jaap van Heerden has passed away.
Van Niekerk goes on to report that its member…
Sadpo co-founder dies; industry is managing Covid-19 well Read More »
The diamond industry is learning to live with and work alongside the Covid-19 pandemic, and is, as a result, starting to see some signs of recovery, says World Federation of Diamond Bourses (WFDB) acting president Yoram Dvash. He explains that the firs…
Diamond industry seeing signs of recovery, says WFDB acting president Read More »
Canadian diamond mining company Mountain Province expects to resume its traditional sales methods in September, after being unable to execute any formal sales during the Covid-hit second quarter.
With the market for rough diamonds coming to a virtual …
Mountain Province to resume traditional sales next month Read More »
Star Diamond Corp. [DIAM-TSX; SHGDF-OTC] announced that a total of 2,517 diamonds weighing 120.1 carats…
Star Diamond recovers 2,517 Saskatchewan diamonds Read More »
South Africa’s diamond industry, famed for sales the world over and supplying gems for the British crown jewels, is looking closer to home to revive its fortunes following the coronavirus slump. Even before the new virus triggered the Covid-19 pandemic…
South Africa’s diamond polishers look to lockdown lovers to add shine Read More »
Star Diamond (TSX: DIAM) has begun to receive results from Rio Tinto‘s bulk-sampling program at the Star-Orion South project in central Saskatchewan. Rio so far…
Star Diamond reports sample results as Rio Tinto legal battle looms Read More »
Diamond mining giant De Beers is likely to have to cut jobs, its chief executive said on Thursday, as it outlined plans for an overhaul of its business after the coronavirus hit jewellery demand.
De Beers, a unit of Anglo American, earlier reported pl…
Diamond giant De Beers likely to cut jobs after Covid-19 hit Read More »
London-listed Gem Diamonds CEO Clifford Elphick says the company’s positive sales made during the six months ended June 30 demonstrated the resilience of its large diamonds during a global crisis and continued demand for high-quality diamonds.
The im…
Higher prices offset lower sales volumes for Gem in first-half Read More »
Junior diamond miner Diamcor Mining recently completed the tender and sale of 2 427 ct, generating gross revenues of $271 263, representing an average price of $111.87/ct. The TSX-V-listed miner says it is also continuing efforts to implement short-ter…
Diamcor sells 2 427 ct, delays publication of financial statements Read More »
