Fura Gems brings in over C$26M after closing first tranche of placing
Shares in the first tranche were issued at a 47% premium to the share closing price on Toronto's venture exchange on October 9
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Diamonds & gemstones
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Fura Gems again extends Mozambique ruby asset merger
The company said it provided notice to New Energy Minerals that it would push back the so-called ‘drop dead’ date
BlueRock Diamonds unearths second diamond in excess of 20 carats from South African mine
The latest ‘sparkler’ weighed in at 20.72 carats and is of gem quality
Fura Gems forging ahead with plans to become ground-breaking mining and marketing group
The group is listed on Canada’s TSX venture exchange and is a member of the Forbes & Manhattan Group
BlueRock Diamonds sells diamond for six-figure sum
The full tender results and production numbers for the quarter will be announced in the company's third-quarter update, which will also include more details on costs along with updated guidance for the full year.
BlueRock sparkles as production and revenues more than double
For the six months ended 30 June, the miner reported that revenues had risen to £1.4mln from £555,842, while pre-tax losses narrowed to £381,027 from £1.29mln
Fura Gems extends Mozambique ruby asset merger with New Energy Minerals by one more month
The deal will sere Fura purchase a 75% stake in Montepuez Minerals Pty Ltd and an 80% stake in a mining concession
Dunnedin Ventures says MPD project could host a major discovery as it posts latest exploration results
Ahead of an upcoming drill program, the Vancouver-based firm re-sampled two historic trenches in the Man area and explored a broader 25 sq km area
De Beers’ latest sales figures bring scant comfort to the diamond mining industry
Some companies, like Mountain Province and Lucara can generate significant cash at these prices, but it's not easy
Proactive weekly mining highlights: Anglo Pacific, Greatland Gold, Rockfire Resources...
A look back at some of the top news from London's small-cap miners
Fura Gems agrees amended terms for ruby prospecting license acquisition in Mozambique
Instead of Azores receiving 2.5 million Fura shares under the previous deal, it will now only be issued around 1.364 million shares on closing
Dunnedin Ventures encouraged by first exploration results at MPD, which show potential for large system
The results will be used in a bid to characterize the porphyry system at MPD and to inform upcoming drilling
BlueRock Diamonds sells fifth stone for more than US$50,000
The 7.63 carat diamond fetched US$52,000 or US$6,815 per carat and takes the total generated this year from the sale of exceptional stones to over US$500,000.
NA Proactive news snapshot: Fura Gems Inc, The Green Organic Dutchman Holdings Ltd, Brain Scientific Inc, Alternus Energy Inc …
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
Fura Gems upsizes financing due to demand to accelerate operations in Colombia and Mozambique
The net proceeds are expected to be used to advance the firm's Coscuez emerald project in Colombia and ruby assets in Mozambique
BlueRock Diamonds confirms Teichmann as new contract miner for Kareevlei
Mining costs are expected to fall significantly over the next 12 months
Bluerock Diamonds completes Kareevlei mine upgrade
The new crusher is now in operation and expected to be running at full capacity shortly.
Exploration set to commence at Dunnedin's MPD copper-gold project in British Columbia
The exploration company is planning to survey previous drill holes and trench sites at the 78.5-square kilometre property in southern BC
Petra Diamonds punches back from all-time low over cash flow and capex concerns
After its shares faded to an all-time low, Petra insisted on Tuesday that it “is not considering raising equity” to refinance
Petra Diamonds will need an equity financing soon, warns Berenberg as it downgrades
Analysts think Petra will need to refinance circa US$475mln of forecast debt when it falls due, which is “still too much” considering the level of forecast cash flow generation