Paragon Diamonds on the right track with holistic approach
Paragon Diamonds’ vertically integrated approach to the development of the Lemphane mine in Lesotho is sensible, reckons house broker Northland.
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Diamonds & gemstones
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DiamondCorp's progress on underground mine lauded by brokers
Their comments followed an update from DCP earlier, which revealed the proceedings had been slowed slightly by last autumn’s strike by mineworkers.
Paragon Diamonds agrees US$12mln finance package, Dubai group to be significant shareholder
Finance will fund Lemphane mine in Lesotho to initial production in second quarter of this year.
Diamond sector still rated a cut above the rest
Diamonds have again been tipped to outshine an otherwise gloomy mining sector in 2015 with Petra Diamonds and Gemfields standout picks, according to one broker.
UPDATE - Stellar Diamonds says Guinea trial mining on track; opts for larger Antwerp auction
Stellar Diamonds said it is planning a far larger auction of stones than was first anticipated as it updated on progress at its Baoulé kimberlite pipe in Guinea.
Diamond lights tipped to shine brighter in coming years
Demand is strong and prices are set to rise according to Russia’s Alrosa, one of the world’s top three diamond companies.
Gemfields completes acquisition of adjacent ruby asset licences
The company is keen to expand and develop its Mozambique ruby operations and the acquisition of the Megaruma licences provides a quick way of doing this.