Richland sees steady production increase from sapphire mine
The miner produced 156,000 carats above the current cut-off of 4mm from the operation in Queensland.
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Diamonds & gemstones
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Plenty of upside still at Gemfields, says broker
Both the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique have scope to expand further, according to broker finnCap.
Diamondcorp commissions conveyor belt at Lace
From November, all future kimberlite and development waste will be conveyed to the surface rather than carried by trucks.
Botswana Diamonds shares surge on news of new licence
Botswana Diamonds shares raced up in early deals as its joint venture with Russian giant Alrosa was awarded a new prospecting licence in the Orapa area.
Botswana Diamonds and Alrosa to do more analysis on samples from Orapa
Two of the three holes drilled intersected a different type of rock to other kimberlites found in the Orapa area.
Brokers welcome Paragon Diamonds' Mothae acquisition update
City brokers have welcomed news that Paragon Diamonds has received two extensions that should allow it to complete the acquisition of the Mothae mine from Lucara Diamond Corp in Lesotho.
Gemfields has significant scope to grow revenues and earnings
The team at SP Angel predicts earnings should pick up over the next two to three years.
Paragon Diamonds tees up US$15mln to open mines
The funds will be used to acquire Mothae and bring it and Lemphane into first production early next year.
Paragon Diamonds bullish on revenue potential of its two mines
Output will begin from Mothae six months after its official purchase from the Lucara Diamond Corporation, which is imminent.
UPDATE - Richland Resources boss Olivier proud of first half achievements in Australia
Richland achieved first production and set up online sales, spending just US$1.5mln
Firestone on track at Liqhobong as it makes first drawdown on Absa facility
Firestone Diamonds remains on track for first production from its Liqhobong mine during the fourth quarter of 2016, it told investors..
Gemfields has eyes on long term at Kagem after upgrade
Brokers impressed by size of resource, mine life, financial projections and exploration potential.
Paragon Diamonds closes in on funding for Mothae
Potential for a significant percentage of carats present in large diamonds suggests consultant MSA.
Gem Diamonds sells 'exceptional' white diamond
The 357 carat diamond was sold for US$19.3mln, at US$54,000 per carat
Gemfields to expand international footprint
The company is preparing to pull the trigger on two emerald deals on Colombia.
Gemfields' latest auction shows emerald prices remain robust
Gemfields reported a successful auction of high quality rough emerald and amethyst stones in Singapore, which produced revenues of over US$35mln.
FinnCap sees value in beleaguered mining sector
The broker said it has identified “several mining stocks that offer good value with low inherent risks at current commodity prices.”
Diamondcorp progressing towards first diamond sale next month
The company's first diamond sale is now set for October, when the miner has produced a sufficient parcel of kimberlite diamonds.