DiamondCorp enjoys auction success as bottlenecks ease
One batch from the tailings achieved US$53 a carat, though the stand-out figure was the US$189 a carat made from rough diamonds taken from the Lace Mine itself.
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One batch from the tailings achieved US$53 a carat, though the stand-out figure was the US$189 a carat made from rough diamonds taken from the Lace Mine itself.
The company revealed that the quality of diamonds in the larger eastern lobe is higher than those from the western lobe
The group has been "verbally informed" that the Minerals Advisory Board (MAB) has approved its application, it said.
The four boreholes will boost processing levels of all size fractions of material up to 45mm
Richland Resources has just put out first quarter results that show its transformation into Australian sapphire miner is now virtually complete
Production in the three months to March totalled approximately 415,000 carats
It netted US$5.15 per carat, a new high for lower quality stones, as it raked in a total of US$14.3mln from the sale.
The Lesotho diamond mine’s strong start to the year helped to counter the downsizing of operations elsewhere
Money will fund share of exploration in Botswana being undertaken currently by joint venture partner Alrosa.
Management remains confident that progress towards commercialisation in July remains on track
CEO Ian Harebottle hailed another pleasing quarter of solid production
It sold two cut and polished stones for US$261,361 and DiamondCorp’s half share of the profit was US$71,979.
The miner produced 900,000 carats in total in 2015, which included 720,000 carats in the final quarter, which was three times more than forecast.
Firestone Diamonds is racing towards first production from the Liqhobong mine in Lesotho
Diamondcorp was pleased with demand for its diamonds and the prices achieved; so was the market
It was the first sale of kimberlite diamonds from the Lace mine since 1931.
"Our return to Lusaka has delivered another strong - and indeed record - result," said Ian Harebottle, CEO of Gemfields
Stellar Diamonds PLC will be focused on moving the Tongo project in Sierra Leone into funding and development this year, it said as it posted half year results
Drilling is about to restart on Botswana Diamonds' exploration ground near Orapa