BlueRock Diamonds reveals improved sales, production and grade
"2018 has seen good progress for BlueRock with both production and the recovered grade increasing significantly,” said Adam Waugh, BlueRock chief executive.
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Diamonds & gemstones
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Rockfire Resources relinquishes Mount Visi licences in Papua New Guinea
The company said following a review of past drilling, geology, accessibility, geophysics and geochemistry, it would relinquish the licences to focus on its assets in Queensland
Richland Resources extends maturity date on loan facility as it continues discussions over Capricorn
The firm said it had signed a second addendum to its pre-existing loan facility to extend its maturity date from 31 December 2018 to 28 February 2019
Richland Resources seeks funds to re-boot Capricorn sapphire mine
Richland wants to resume mining at Capricorn or find a buyer for the project
Firestone Diamond unearths 46 carat white diamond at Liqhobong mine
"The recovery of the white 46 carat stone is good news as we start mining across the pit towards the northern side of the orebody over the coming months,” said Paul Bosma, Firestone chief executive
Fura Gems unveils maiden resource estimate for Coscuez Emerald Mine
The precious stones miner said the resource estimated that the Coscuez mine contained around 3mln tonnes of inferred mineral resources at a grade of 2 carats per tonne
Fura Gems Inc raises $5.2mln in private placement to fund development of assets in Colombia and Mozambique
The gemstone miner said it had issued around 13.1mln shares at a price of $0.40 per share, a 25% premium to its last close price
BlueRock Diamonds says further claim against it by former chief executive has “no merit”
The AIM-listed diamond mining company said Riaan Visser has submitted a claim for 975,000 rand (approximately £55,000) in relation to the use of a generator in 2016
Fura Gems to fetch Mustang ruby assets for less under loan agreement
Fura will now pay A$2.8mln for the assets, instead of the A$9.9mln previously agreed, in exchange for providing an A$2.8mln loan to New Energy
FURA Gems plans to raise C$5.249mln via a private placement offering of up to 13.1225mln common shares
The group said the net proceeds of the offering are expected be used for exploration and development of the company's emerald and ruby assets in Colombia and Mozambique, respectively, and for general corporate purposes
FURA Gems updates on social responsibility and community engagement at Coscuez project
Since completing its acquisition of Coscuez, the company has launched the first transparent employment recruitment processes in the area, providing direct employment for 270 people
BlueRock Diamonds hits higher than expected grades at Kareevlei
The first 20,500 tonnes of ore from KV1 have now been mined
FURA Gems says initial core drilling at Coscuez emerald project in Colombia shows promising results
Dev Shetty, FURA Gems’ president & CEO, said: "In my years of drilling experience, it is the first time I have seen emeralds in cores in our first drill hole"
Firestone Diamonds reports strong start to second quarter at flagship Liqhobong mine
Firestone Diamonds sold its third most valuable stone sold to date for just under US$10mln and recovered its largest stone ever at Liqhobong in the second quarter
Fura Gems launches all-female wash plant team at Coscuez emerald project in Colombia, a first for the mining sector
The Toronto-listed firm made the announcement during a presentation at the Second World Emerald Symposium, Bogota, which outlined the company's CSR (corporate social responsibility) projects
Petra Diamonds on track to meet full year guidance after first quarter output rises 21%
Higher production and improved product mix offset a 5% decline in diamond prices
BlueRock Diamonds achieves record quarterly production at Kareevlei as it unveils plans to further increase output
Subject to funding, bosses want to invest in the upscaling of the mining operation, plant and the necessary personnel at Kareevlei
Richland Resources losses narrow in half year as it pushes toward production restart at Capricorn Sapphire project
The miner reported a pre-tax loss of US$778,000 for the period, less than the US$964,000 loss reported a year ago, while revenues were at US$50,000 from US$1mln previously
Real diamonds losing their sparkle among millennials, claims Berenberg
A survey of 2,000 millennial women found that synthetic diamonds are becoming increasingly popular among the younger generation, who don’t care to spend hundreds of pounds of real diamonds
BlueRock Diamonds jumps as it reports narrowed half-year losses amid improved grades at Kareevlei
The miner reported a narrowed loss of £789,000 compared to a £1.3mln loss the year before as production increased 81% year-on-year to 73,028 tonnes