The story of how two prospectors, down to their last nickels, discovered diamonds in Canada’s frozen north is the stuff of legend.
Back in 1982, Chuck Fipke and Stewart Blusson laid low in a pup tent by day while their competitor De Beers hauled 45-ga…
Canada’s diamond miners are on their knees because size matters Read More »
The US Federal Trade Commission, which investigates allegations of deceptive advertising, said on Tuesday that it has sent warning letters to eight companies to insist that they distinguish in advertisements between diamonds that come from mines and th…
Jewellers must say whether diamonds are mined or synthetic -US FTC Read More »
The US Federal Trade Commission, which investigates allegations of deceptive advertising, said on Tuesday that it has sent warning letters to eight companies to insist that they distinguish in advertisements between diamonds that come from mines and th…
Jewellers must say whether diamonds are mined or synthetic – US FTC Read More »
The UK’s financial regulator added a small diamond pricing firm to its roster of companies managing market benchmarks, opening the way to making the precious stones a more investable asset. The Financial Conduct Authority has authorized U2 Diamond Pric…
Diamond ETF gets closer as UK approves gem pricing benchmark Read More »
Aim-listed BlueRock Diamonds on Tuesday reported a 12% year-on-year increase in mined tonnage at its Kareevlei mine, in Kimberley, to 42 409 t for the first quarter of this year. This was achieved despite a temporary eight-day suspension in mining oper…
BlueRock reports 12% first-quarter production increase Read More »
Africa-focused Lucapa Diamond Company has recovered its fifth diamond larger than 50 carats from the Mothae operation, in Lesotho, since commercial production started in January.
The recovery of the top-colour 55 ct stone was recovered only shortly a…
Lucapa finds 55ct diamond at Mothae Read More »
Russian State-controlled miner Alrosa, the world’s biggest producer of rough diamonds in carat terms, raised $11.8-million in its first New York diamond auction of the year, as it seeks to increase its activity in the US.
Rebecca Foerster, president o…
Alrosa raises $11.8m in New York diamond sale Read More »
By Peter Kennedy Stornoway Diamond Corp. [SWY-TSX; SWYDF-OTC] is facing a liquidity shortfall this year unless diamond prices recover from current levels. It is a scenario which could have negative… Read more »
Stornoway hit by weak diamond prices Read More »
Data shows West Africa has the biggest growth rate in the yellow metal’s resources in the world.
The post West Africa — an emerging gold exploration investment hotspot appeared first on MINING.com.
West Africa — an emerging gold exploration investment hotspot Read More »
Aim-listed Firestone Diamonds has determined that the proposed Cut 3 life-of-mine expansion at its 75%-owned Liqhobong mine, in Lesotho, is not currently economically viable.
The Cut 3 expansion project would have increased the life of the mine by th…
Firestone puts Liqhobong Cut 3 expansion on ice Read More »
