Firestone Diamonds signs revised mining lease deal
The path to construction at the Liqhobong Diamond Mine is now clear after Firestone Diamonds signed a revised mining lease agreement with the authorities in Lesotho.
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Big diamond groups targeting big bucks from small mines
Diamond heavyweights such as De Beers could be eyeing up smaller projects as supplies dry up.
UPDATE - Gemfields PLC secures US$15mln working capital facility from Pallinghurst
Gemfields said it has agreed a US$15mln working capital facility with key shareholder Pallinghurst, the resources company run by former BHP chief Brian Gilbertson.
Stornoway Diamond jumps on agreement for almost $1 bln in financing for Quebec mine
Stornoway Diamond (TSE:SWY) shares surged on Thursday after the company put a financing plan in place for the construction of its Renard diamond project in Quebec, taking the asset to production.
Pangolin finds micro-diamond on Mmadinare project
Pangolin Diamonds (CVE:PAN) said it has discovered a micro-diamond on its Mmadinare project in northeast Botswana from soil sampling results.
DiamondCorp's Lace mine’s underground development on track; raises £2.1mln
The mine development work is fully project financed, and the money raised today covers corporate budgets for the next two years.
Stornoway Diamond climbs on confirmation of advanced project financing talks
Stornoway Diamond (TSE:SWY) shares were rising Thursday after the company confirmed that it is in advanced negotiations with a "number of parties" regarding a financing plan for its Renard diamond project in north-central Quebec.
THE BIG PICTURE - Diamond and gem producers to gain from rising luxury goods demand
Diamond and gemstone miners, including Gemfields and DiamondCorp, are expected to benefit from rising demand for luxury goods as the number of high net worth individuals worldwide continues to grow, Sanlam Securities UK said in a review of