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DiamondCorp’s Lace Project in South Africa is poised to become one of the world’s most significant diamond mines, according to City firm Northland. Analyst Dr Ryan Long’s comments were gleaned from one of a handful positiv
The long-term fundamentals of the diamond market remain intact, according to Nomura, which gave a guardedly optimistic assessment of the prospects of some of the industry’s leading companies
The City broker Fox-Davies has applauded Paragon Diamonds’ move to hire companies that will help take the Lemphane kimberlite project in Lesotho to inferred resource status. Paradigm Project Management is to carry out a first pas
The arrival of Martin Doyle in September as deputy chairman of Paragon Diamonds was a fairly low key affair. But the Scotsman’s vast industry experience – he is a 35-year veteran of De Beers - is already being put to good
The merger of Gemfields with Fabergé will be “transformational”, according to the heavyweight broker JP Morgan Cazenove. “[It] will create an opportunity for the combined business to develop the global market for co
Shares in DiamondCorp were up 13% in early trade after the miner confirmed it agreed a binding US$6mln loan deal with upmarket jeweller Tiffany & Co.
Shares in DiamondCorp spiked 13% after the group put in place the final piece in the funding jigsaw for its Lace Mine in South Africa. It did so with a £4.2mln convertible bond issue, which carries a coupon of 14%. The stock
Shares in Stornoway Diamond Corp (TSE:SWY) rallied more than 21 per cent Tuesday, after the company discovered what it called one of the most valuable stones ever found at the Renard diamond project in Quebec.
