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Diamonds
 
diamonds

Diamond miner Alrosa set for autumn share sale

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Russian diamond miner Alrosa plans a share sale that could value the business at up to $15-billion and raise hundreds of millions of roubles for its local and national government owners. The issue, which the Russian government has been promising...
16th May 2013
 
 
DIAMONDS

Pangolin Diamonds discovers kimberlite in Botswana

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TSX-V-listed explorer Pangolin Diamonds has discovered kimberlite within its 1 545 square kilometre Tsabong North project, in Botswana, heralding the firm’s graduation from being an explorer to being a discoverer. The company, which in March...
15th May 2013
 
 
DIAMONDS

Rockwell says Wouterspan economics sufficient to move to next stage

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TSX- and JSE-listed diamond miner Rockwell Diamonds has completed a positive preliminary economic assessment study for its Wouterspan alluvial diamond project, which is central to its Middle Orange River strategy. The study indicated “positive...
15th May 2013
 
 
DIAMONDS

DiamondCorp makes progress with Lace development

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Although the 2012 financial year was a “rollercoaster” year for JSE- and Aim-listed DiamondCorp, the company said it was making progress with the development of the 47-level block cave development at its Lace mine. DiamondCorp, which reduced...
13th May 2013
 
 
DIAMONDS

Dominion Diamond raises expected 2013 gem production

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Canadian miner Dominion Diamond on Friday raised the expected precious gem output on a 100% basis from its 40%-owned Diavik mine, for this year, by 11% to 6.6-million carats, as it planned to process more of the stockpiled ore. Dominion said the...
10th May 2013
 
 
DIAMONDS

Rockwell diamond sales up 19%

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JSE- and TSX-listed Rockwell Diamonds on Wednesday announced a 19% increase in revenue from diamond sales, before any sales from beneficiation, for the fourth quarter of the 2013 fiscal year compared with the same period last year. The company...
8th May 2013
 
 
DIAMONDS

Petra Q3 output up 4%

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Africa-focused miner Petra Diamonds produced 647 248 ct of diamonds in the third quarter of the 2013 financial year, a 4% increase on the 622 509 ct produced in the third quarter of the previous financial year. The Finsch mine contributed 343 988...
8th May 2013
 
 
DIAMONDS

Diamond tenders yield $5.1m in revenue for Firestone Diamonds

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Aim-quoted diamond mining and exploration company Firestone Diamonds sold 55 950 ct of diamonds in two diamond tenders in February and April, realising revenues of some $5.1-million. The average price per carat realised at the tenders, which were...
7th May 2013
 
 
 
 
 
 
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