Diamondcorp’s first Antwerp tender just days away
Diamond has narrowed losses as production at the Lace mine gathers pace
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Diamonds & gemstones
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Tango Mining's bid for Firestone Diamonds' Botswana operations falls through
Tango Mining was not able to meet the conditions of the disposal within the allotted time frame.
Botswana Diamonds on brink of drilling with Alrosa joint venture
Core holes will be drilled on three licences, two on the known kimberlite AK22 in Orapa, two on licence PL 085 also in Orapa and four on licence PL 135 in Gope,
Richland moving towards sapphire production of 1.2 mln carats
Richland Resources is continuing to ramp up production at its Capricorn sapphire mine in Queensland
Stellar Diamonds unveils Sierra Leone diamond merger
Mining could come around a year after the two companies are combined, according to Stellar boss Karl Smithson.
Petra Diamonds unearths 138-carat stone in South Africa
The stone was recovered at the world-famous Cullinan Mine.
Gemfields target nudged higher by keen Panmure
Shares have underperformed recently. but should rally in the coming months, said Panmure
Diamondcorp up to planned production rate at Lace mine
Approximately 7,000 carats of diamonds recovered while tunnelling in UK4 will be sold in Antwerp at the end of August.
Gemfields ruby operation enjoys sparkling end to year
Annual production from Montepuez in Mozambique is slated to be 10.3mln carats of ruby and corundum, some 2.3mln carats ahead of forecast.
Underground mining resumes at DiamondCorp's Lace mine
Mining was suspended on 18 July on the order of the Department of Mines
Strong sales help Petra to beat expectations
The FTSE 250-listed miner beat market expectations as it bumped up production to post a modest rise in revenue
Diamondcorp temporarily suspends underground work at Lace
Miner's assistants will be retrained over the next couple of days, following an explosives-related injury.
Diamondcorp receives extra £500,000 from broker option
The additional money took the total amount raised to £2mln.
Diamondcorp raises £1.5 mln in new funds
Diamondcorp has raised £1.5 mln in new money as production at the Lace mine continues to ramp up
Gemfields secures US$65mln of growth funding
"We are pleased to have agreed these financing facilities after having considered a number of alternatives as well as other offers from various banks,” said chief financial officer Janet Boyce.
Petra Diamonds sells 121-carat stone for $6mln
Petra's 121-carat white diamond sells for US$6mln in Johannesburg.
Gemfields launches new ruby ad campaign
The gemstone specialist is using three short films to promote Mozambican rubies produced from its Montepuez deposit
Richland boosts resource at Queensland sapphire mine
It follows 12 months’ “focused work” by gemstones specialist Andrew Cunningham that has provided “a detailed mine plan with a far greater understanding of the geology and mineralisation of the deposit”.
Gemfields building a loyal customer base
Gemfields' involvement does not end once it has sold its coloured games; it is planning on a lot of co-branding work with downstream customers