DiamondCorp shares surge on financing news
Shares in DiamondCorp spike more than 24 per cent in early trade after the group struck a financing deal that will meet more than three-quarters of the costs of its Lace mine in South Africa.
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DiamondCorp finalises terms for US$26.7 million loan from South Africa’s Industrial Development Corp
DiamondCorp said this morning South Africa’s Industrial Development Corporation has agreed to lend it U$26.7 million.
Richland Resources makes headway with strong quarterly performance
Gemstone group Richland said its efforts were partly undermined by illegal underground activity nearby, though it was still able to report a strong second quarter performance.
Gemfields chief gives confident assessment of prospects
Gemfields chief executive Ian Harebottle said this morning that the decision to focus primarily on mine development and waste mining during the past year was “well justified”.
Stellar Diamonds shares rise 9pct as market catches onto Katcha results
Stellar Diamonds shares rose more than 9 per cent today after it unveiled better than expected bulk sampling results from the Katcha Dyke at the company's Droujba project in Guinea. Earlier the group said the first 92 tonnes of the 299
Stellar Diamonds sparkling returns from Katcha Dyke
Stellar Diamonds said this morning high diamond grades had been returned from its initial bulk sampling of the Katcha Dyke at the company's Droujba project in Guinea.
Firestone Diamonds shares surge on postive trading update
Shares in Firestone Diamonds surged today after the company released a postive trading update on its activities in Lesotho.
DiamondCorp shares up as firm set to seal US$33.6 million IDC loan by September
Shares in DiamondCorp rose today after the firm made a further step towards sealing its loan funding from the IDC to develop its Lace mine in South Africa.
UPDATE: Stellar Diamonds kicks off Tongo drill programme to double resources
Stellar Diamonds shares edged four per cent higher this morning as it kicked off an important new drill programme at the Tongo project in eastern Sierra Leone.