London-listed Petra Diamonds has recovered a 425.10 ct D-colour Type II gem-quality diamond at its Cullinan mine, in South Africa. "The recovery further demonstrates the prevalence of these types of stones in the Cullinan orebody, as well as the ab…
Petra recovers 425 ct diamond at Cullinan Read More »
The low price environment in which the Renard diamond mine began its operations two years ago is continuing to affect the company operating the Quebec-based mine, with Stornoway Diamonds ending 2018 in the red.
The listed diamond miner on Thursday rep…
Quebec diamond miner ends 2018 in the red Read More »
For more than 15 years, the diamond industry has been telling the world about a looming shortage of gems. Instead, demand has been stubbornly underwhelming, and the miners have done a wonderful job of digging more and more stones.
But the pain may soo…
The great diamond shortage that never was is likely coming soon Read More »
Aim-listed Botswana Diamonds has confirmed that its Thorny River diamond dyke project, in South Africa, remains on track to start bulk sampling and diamond production by the middle of this year. Bulk sampling is anticipated to start in May, assuming fi…
Thorny River on track to become diamond producer by mid-2019 Read More »
Shares of Arctic Star Exploration Corp. [ADD-TSXV; ASDZF-OTCQB; 82A1-FSE] were active Thursday March 21 after the company announced the status of a previously announced private placement and the granting of… Read more »
Arctic Star up 27% on diamond financing news Read More »
Diamond miner Lucapa Diamond Company has reported a 90% increase in its diamond resource carats at its Lulo operation, in Angola, on the back of an independent valuation.
The company on Thursday told shareholders that external consultants Z Star Miner…
Lucapa nearly doubles Lulo resource Read More »
International nonprofit organisation Global Witness (GW) has welcomed the World Diamond Council’s (WDC’s) response to the government-led Kimberley Process (KP) certification scheme, but says more needs to be done.
The organisation pointed out in a re…
Global Witness says more needs to be done to halt human rights abuses in diamond mining Read More »
Petra Diamonds’ board has decided that its chairperson Adonis Pouroulis should remain in his position for now. Following a November meeting with shareholders, during which 22.12% of shareholders voted against his re-election as chairperson, the board a…
Pouroulis to remain Petra chairperson Read More »
Mineral Resources Deputy Minister Godfrey Oliphant has urged diamond industry participants to remain committed to efforts to grow and sustain the industry in South Africa. Speaking at the South African Diamond Producers Organisation (Sadpo) conference …
Oliphant urges continued commitment to diamond industry growth Read More »
The Debswana Diamond Company (Debswana) on Monday announced the start of its Cut-9 project, which is aimed at extending the life of the Jwaneng mine, in Botswana, to 2035.
The project is expected to yield an estimated 53-million carats of rough diamo…
Debswana starts Jwaneng mine extension project Read More »
