Canadian diamond miner Mountain Province Diamonds has provided a new guidance for 2020, as CEO Stuart Brown says that demand for rough diamonds are starting to show signs of interest.
The Toronto-headquartered company lowered the production forecast f…
Canadian diamond miner issues new 2020 guidance Read More »
London-listed Gem Diamonds, which operates the Letšeng mine, in Lesotho, sold 15 diamonds for more than $1-million each in the first half of this year.
This includes one diamond that was sold for more than $5-million.
Gem earns healthy proceeds from first-half tenders Read More »
Struggling Canadian miner Dominion Diamond Mines has filed a lawsuit in the Supreme Court of British Columbia, suing global miner Rio Tinto’s subsidiary Diavik Diamond Mines Incorporated (DDMI).
The legal action relates to an alleged breach of contrac…
Dominion takes on Rio subsidiary over alleged contract breach Read More »
A panel of experts should be formed to properly oversee the future of the struggling State-owned diamond mining company Alexkor, and to unlock the greater long-term potential of northern Namaqualand. That is the view of Sable Metals & Minerals CEO …
Panel of experts needed to oversee future of struggling Alexkor Read More »
Global miner Rio Tinto has no plans to take full control of its Canadian Arctic diamond mine, which faces closure and will cost hundreds of millions of dollars to clean up, court documents show.
Rio, which owns 60% of the Diavik mine in Canada’s North…
Rio Tinto won’t bid for remaining stake in Canadian diamond mine Read More »
With her promotion to MD of diamond mining company Lucara Botswana in 2018, Naseem Lahri became the first woman, and the first Motswana woman, to serve in this capacity for a diamond mining company in Botswana. Lucara Botswana is a subsidiary of Lucara…
Lucara’s trailblazing MD aims for further progress Read More »
JSE-, Aim- and Bermuda Stock Exchange-listed Gemfields will host its annual general meeting (AGM) virtually through a live interactive webcast on June 24.
The company has urged shareholders to submit their votes by proxy – in the way they normally wo…
Gemfields to host virtual AGM Read More »
Since its first sale through its Clara sales platform in late 2018, Lucara Diamond (TSX: LUC) has sold US$12.1 million worth of diamonds using the…
Lucara’s Clara poised for growth during Covid-19 Read More »
In spite of a legal dispute between partners Star Diamond (TSX: DIAM) and Rio Tinto (NYSE: RIO; LSE: RIO) at the Star-Orion South diamond project…
Star Diamond and Rio Tinto tussle over project ownership Read More »
Angola’s Mineral Resources and Petroleum Minister Dr Diamantino Pedro Azevedo has announced the country’s plans to develop industry-specific market infrastructure for improved diamond trade activity.
The country plans on establishing an Angolan Diamo…
Angola on a drive to improve diamond market infrastructure Read More »
