Stellar Diamonds reflects on “extremely difficult” market for funding and looks ahead to sale of company
The aspiring diamond miner's efforts were focused on securing a funding deal during 2017 though, more recently, it agreed to sell the company
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Diamonds & gemstones
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Bluerock Diamonds sees 2018 production growth at Kareevlei diamond mine
Production volumes to date are in line with management expectations
Richland Resources appoints Anthony Brooke as new chief executive
A new strategic review will now be overseen by Brooke, looking at the Capricorn Sapphire mining, marketing and sales operations
BlueRock Diamonds will “vigorously defend” itself against former CEO
No material new information has been provided by former chief executive Riaan Visser at this stage
Petra Diamonds' shares plummet as miner warns on full year earnings, cuts production guidance
The FTSE All-Share listed firm said its production guidance for the financial year to the end of June would be between 4.6mln and 4.7mln carats, down from a previous forecast of 4.8mln to 5.0mln carats
Gem Diamonds recovers "exceptional quality" diamond from Letseng mine, fourth high quality stone found so far this year
This is the fourth high quality diamond of more than 100 carats recovered so far this year from Letseng, the highest dollar-per-carat kimberlite diamond mine in the world
BlueRock Diamonds starts sampling of new pipe at Kareevlei
"The average size of diamonds mined was much larger than those of K2"
Gem unearths huge diamond of 'exceptional quality' at Letseng in Lesotho
Diamond is fifth largest ever found and might be worth more than US$40mln says brokers
Richland books a further US$183,000 of sapphire sales, seeks new chief executive
Richland Resources continues to generate income from sapphire sales in spite of some weakness in the market
Richland Resources to temporarily halt mining operations at Capricorn Sapphire mine, assessing potential additional projects
The AIM-listed gemstones producer and developer said, as previously announced, the company has stockpiled gemstones from its third quarter's production to pursue larger-scale, more strategic, sales events at more attractive prices
Bluerock Diamonds revenues climb as carat size and value rises
Crucially for Bluerock the average carat size increased to 3.63 cpht (from 2.64)
Richland Resources notes signs of recovery in sapphire market
Sales have been held over into the fourth quarter, but the market now shows signs of improving
BlueRock Diamonds keen to build on its little gem in South Africa
Kareevlei is comfortably among the world’s top ten kimberlite mines on a dollar per carat basis
BlueRock Diamonds achieves highest sales to date from Kareevlei in South Africa
The AIM-listed group earned R3.25mln (US$226,000) from a tender in October
Richland Resources looking at new sapphire sales strategy for its ethical gems amid influx of unregistered stones
“We strongly believe that Richland is well placed with our gemstone supply chain structures as consumers become increasingly selective regarding the origin and ethical nature of consumer products"
Petra Diamonds shares lose their sparkle as Tanzania government bans diamond exports
Petra Diamonds has halted operations at its Williamson mine in Tanzania as the government questioned key personnel as part of a wider crackdown on the industry
Richland Resources raises £450,000 in oversubscribed share subscription
“Today's financing will augment the group's general working capital position, as well as bridging the gap until the Capricorn project is profitable"
Interims give investors in Richland Resources a sign of things to come
The Aussie sapphire and gemstone group reported a 66% rise in total income for the first half of 2017.
Richland Resources first half boosted by ongoing Capricorn sapphire ramp-up
“Operational ramp-up and sales initiatives have combined to enable us to mine both more efficiently and achieve higher revenue," said chief executive Bernard Olivier
Gem Diamonds shares lower after diamond production dips slightly
Production continued to disappoint in the second quarter