Ramp-up and optimisation of Capricorn ahead of schedule, says Richland
Richland's Capricorn sapphire mine is about to complete the ramp up to full production
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Diamonds & gemstones
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Panmure Gordon reiterates ‘buy’ rating, 156p price target on Gem Diamonds after 114 carat diamond recovered
The analyst said: “Given the paucity of large high value recoveries in recent months, we believe this recovery can precede a return to form for Gem as it migrates back towards areas of Letšeng known to historically produce large high value
Gem Diamonds recovers 114 carat diamond of exceptional quality from the Letšeng mine
The mine, in Lesotho is well-known for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world
Firestone Diamonds recovers largest diamond from its flagship Liqhobong mine in Lesotho
The AIM-listed firm said it believes that the 110 carat gem-quality light yellow diamond confirms the significant potential for larger stones that exists at the mine
Dominion DIamond sparkles as Washington Cos goes public with bid
It does not sound like there is a lot of love lost between the potential predator and prey
Gem Diamonds slumps as results fail to sparkle
Various issues at its Letšeng and Ghaghoo diamond mines hit revenues and profits
Gem Int'l in talks to acquire Dala historical database
Gem International Resources Inc. said on Tuesday it is in talks to buy Moydow Mines’s Dala historical database
RNI NL has assay results to reveal
The halt will remain in place until Thursday 9th March 2017.
Gem shares gain as cash stock rises
Gem International Resources Inc shares advanced by more than 6% on Wednesday after the company recorded a swelling in its cash pile with its quarterly accounts
DiamondCorp clears refinancing hurdle
Diamondcorp has reached formal agreement with the South African development bank, the IDC
Gem International brings in $900,000
Gem International Resources completed its placing and raised $900,000, it said.
Stellar Diamonds’ shares finally back on AIM
It’s been over six months since the company’s shares last traded on AIM
Gemfields a sparkling success despite recent blip
The Indian government's currency actions have hit short-term trading but this is still the semi-mythical "ten-bagger"
Petra Diamonds warns production may be at bottom end of full year target range
Petra is mindful full year production could reach the lower end of its guidance range due to labour unrest in South Africa.
Gemfields' adjustment of guidance "prudent management", SP Angel says
"We see the move as prudent management as the company adjusts to the impact of Indian demonetisation and waits for the stabilisation of the market," said SP Angel.
Diamondcorp pushes back placing deadline as talks continue
A condition of the placing is that a labour agreement must be reached with the workers’ union, something that is yet to be concluded
Gemfields production dips on lower grades at Kagem
Gemfields produced 4.7 mln carats of emerald and beryl from Kagem in the most recent quarter
Gem International unveils plans to raise yet more funds
Each unit will consist of one share and one share purchase warrant, granting the purchase of a further share within two years at 15 cents each.
Gem keeps balance sheet in check ahead of $500,000 funding
Gem International Resources Inc has reported a jump in assets and cash levels while keeping losses in check, its fiscal 2016 earnings showed and said it was preparing for a private placement worth up to C$500,000
DiamondCorp extends placing deadline
Diamondcorp has allowed extra time for the completion of a recently announced placing, as negotiations in South Africa continue