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Diamonds & gemstones
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Tenth Avenue Petroleum stock slides on operational, financial results plus more daily small cap movers
A quarter-over-quarter decrease in production weighed on shares of Tenth Avenue Petroleum Corp Thursday, plus other big percentage movers on news from the small and micro cap space
Infinity Stone Ventures updates on fall exploration program at Camaro and Hellcat Lithium Project
Significantly, the fall program identified a cluster of highly prospective pegmatitic dykes and cross-cutting structures near the northern margin of the Hellcat claims extending to the north
Strickland Metals to spin out Iroquois and Bryah Basin assets to create WA-focused base explorations company
The Iroquois and Bryah Basin projects will be held by a wholly-owned subsidiary of STK, to be known temporarily as DemergerCo, which will eventually be listed on the ASX.
Karelian Diamond Resources expands exploration project in Northern Ireland
Richard Conroy said he's looking forward to "what could be a highly exciting period leading to the discovery of nickel-copper-platinum mineralisation in the area".
Newfield Resources raises $1 million for continued development of Tongo Diamond Project
The Tongo Mine in eastern Sierra Leone entered production earlier this year.
Petra Diamonds aims to lower debt and initiate a dividend plan after a strong financial showing
The company is the owner of four mines, including Cullinan in South Africa
Newfield Resources secures access to $55 million funding facility
"This partnership enables Newfield to expedite the development of its Tongo diamond mine and advance the project into commercial production," said ED Karl Smithson.
Gem Diamonds and Petra downgraded as sanctions having no price impact, says Liberum
Alrosa, a group of Russian diamond mining companies, accounts for 30% of all diamonds supplied
Petra Diamonds sparkles as annual revenues grow by 44%
The group, which has four mines – three in South Africa and one in Tanzania – benefited from a 41.5% increase in like-for-like diamond prices
Anglo American's De Beers says diamond jewellery demand continues to perform well in key US market
De Beers sold a provisional US$650mln of rough diamonds in its fifth sales cycle in 2022
Newfield Resources makes US$1.44 million from first diamond sale
All lots were sold and generated US$1,435,405 in gross revenue, at an average price of US$269 per carat.
BlueRock Diamonds says average carat price 'significantly' higher than in 2021
The average tender price was more than US$1,000 per carat in its March tender, up from the 2021 average of US$465 per carat
Vast Resources agrees to longstop date extension on Ghaghoo diamond mine
Vast announced its decision last month not to buy the mine from Botswana Diamonds but said today the parties continue working together to ensure a mutually beneficial outcome
Strickland Metals fields strong zinc results from Iroquois prospect at Horse Well
“What’s most promising about the area is that these results are directly along strike from Rumble Resources Ltd’s very large zinc-lead-silver discoveries, demonstrating the exciting potential of what could be located within Strickland’s ten
Vast Resources decides against Ghaghoo acquisition
Vast has significant exposure to base metals and diamonds, in Romania and Zimbabwe respectively