Richland Resources beats production targets at Capricorn mine
The gemstones producer mined almost 40,000 carats more than its original forecast of 800,000 in the final quarter of 2016
Archive
Diamonds & gemstones
1472 stories · page 19 of 74
Gem International lifts offering to $600,000
Gem International plans to raise $600,000 rather than $500,000 in a placing at 5 cents each.
Gem International amends Dala terms to include kimberlites
Numerous magnetic kimberlite targets remain untested at Dala and an extensive data base exists
Diamondcorp raises new funds to keep the show on the road at Lace
Diamondcorp has raised new money to help it sort out its problems at Lace
Diamondcorp reports good progress on placing, extends close date
The company announced last week it would raise £1mln through a placing at 4p
Diamondcorp to raise £1mln as first step to rescue Lace mine
Diamondcorp is Lace’s largest creditor with £36mln owed through a subordinated loan.
Gemfields analyst kicks off new year with bullish price target
Reiterating his ‘buy’ recommendation on the stock in the emerald and ruby miner and marketer, Peel’s analyst Michael Stoner raised his valuation to 93p from 78p.
Gem International to raise C$400,000, adjusts diamond deal on Dala
Gem International plans additions to the scope of the Dala license it plans to acquire a stake in from partner Global Gems
Gem International has significant diamond potential at Dala in Angola
Gem International is sitting astride a huge diamond concession in Angola, with significant potential both for alluvial and for kimberlite production
Petra Diamonds sparkles higher as it issues gov'ts payments report
Petra reported payments made in its year to June 30, 2016.
Gemfields tipped to sparkle again in 2017
2016 has been a good year for the coloured gem specialist, and 2017 could be even better according to brokers
Diamondcorp gets standstill deal while refinance talks continue
The miner has placed the Lace diamond mine in business rescue while the talks continue.
Ruby demand remains strong as Gemfields pulls in US$30mln
The coloured gem specialist held a successful ruby auction in Singapore last week
Richland Resources' placing will fund final ramp-up at Capricorn Sapphire mine
Richland Resources, Capricorn Sapphire mine, shares, Ed Nealon, beneficiation,
Diamondcorp PLC sells major diamond parcel at tender
Diamondcorp has sold just over US$590,000 of diamonds at tender in South Africa
Gemfields offers investors exciting opportunity, says Numis
The broker notes that with US$60mln of investments planned over the next three years, production should grow at Kagemand double at Montepuez
Gemfields puts back emerald auction
The delay is to allow and adjustment period for the predominantly Indian customer base following Prime Minister Narendra Modi's snap demonetisation programme.
Richland Resources adds polish to sapphire operation to boost margins
A review found a reluctance by dealers to take untreated non-blue sapphires.
Diamondcorp clears flood water from Lace mine
The flood water had been cleared and the mine’s pumping system is working normally.
Richland Resources meets output target at Capricorn for third quarter
Revenue for the period was US$143,000 from the combined sale of around 241,000 carats