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Diamonds
 
DIAMONDS

Russian diamond miner Alrosa says CEO to step down

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Russian diamond mining company Alrosa said on Monday its CE) and president Fyodor Andreev had decided to resign for medical reasons. Andreev announced his decision at the weekly management meeting on September 22, Alrosa said in a statement. The...
22nd September 2014
 
 
Diamonds

Creamer Media publishes African Mining Roundup for September 2014 research report

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This month’s report includes details of project developer Ivanhoe Mines’ appointment of financial advisers to conduct a strategic review of its Kamoa and Kipushi base metals project, in the Democratic Republic of Congo; the granting a mining...
22nd September 2014
 
 
DIAMONDS

State diamond miner Alexkor urged to comply with audits, find cash

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Public Enterprises Minister Lynne Brown State-owned diamond mining company Alexkor must comply with financial audits and find new sources of cash, new Public Enterprises Minister Lynne Brown urged on Thursday. In an Alexkor annual general meeting address, which was distributed to the...
18th September 2014
 
 
DIAMONDS

Alrosa geologists to work with Botswana Diamonds team

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A seven-person geological team from Russian diamond mining company Alrosa has arrived in Botswana, where they will work with staff members of Aim-listed Botswana Diamonds on an exploration programme on licences in the diamond province of Orapa....
18th September 2014
 
 
DIAMONDS

Upbeat Petra Diamonds moots dividend fast-forwarding

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Petra CEO Johan Dippenaar London-listed Petra Diamonds on Thursday outlined major upcoming elevations in the economics of its mining operations, which upped production in the 12 months to June 30 to enable the buoyant diamond mining company to post a 47% increase in...
18th September 2014
 
 
DIAMONDS

De Beers continues investment to meet consumer demand

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Venetia Major investments continue to be undertaken by diamond mining and manufacturing company De Beers Group, as demand is expected to almost outstrip growth in terms of diamond carat production in the next ten years, given the lack of new mining...
17th September 2014
 
 
DIAMONDS

Rough carat production well below 2005 level as demand soars – De Beers

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De Beers CEO Philippe Mellier Global 2013 rough diamond carat production was still well below the 2005 peak of 175-million carats, at a time when global diamond jewellery demand had reached record highs, De Beers said on Wednesday. Releasing its inaugural Diamond Insight...
17th September 2014
 
 
DIAMONDS

Kennady Diamonds to raise C$5m

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TSX-V-listed Kennady Diamonds is arranging a nonbrokered private placement to raise about C$5-million to fund its expanded 2014 summer/fall exploration programme. The funds would be raised through the issuance of common shares at a price of C$6.50...
17th September 2014
 
 
 
 
 
 
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