Petra Diamonds sells 342 carat white diamond and 18 carat blue diamond for initial US$13.5mln
Type IIa stones are generally colourless, meaning they can be the purest form of white possible
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Type IIa stones are generally colourless, meaning they can be the purest form of white possible
Ghaghoo, the first underground diamond mine in Botswana, has been on care and maintenance since March 2017
Kareevlei is located about 100 kilometres North West of Kimberley, the birthplace of diamond mining
BlueRock has a built up a track record of successful operation at Kareevlei
Production numbers, prices and market outlook improve
The company announced the discovery of a very rare pale green diamond in the area in 2017
The company intends to use the proceeds from the offering to advance its gold and base metal properties in northern Ontario and for general working capital purposes
Gross proceeds will be used to advance the company's gold and base metal properties in northern Ontario and for general working capital purposes
Lithoquest recently signed an option agreement to acquire a 100% interest in the Miminiska Gold Project and the Keezhik Gold Project, both of which are located in northwest Ontario
"Our project management team estimate that the new wet circuit is 80% complete," said Mike Houston, the executive chairman of BlueRock
The company said the projects host drill-confirmed gold mineralization that is similar in style to the nearby Musselwhite gold mine owned by Newmont Mining
Newly-focused Lithoquest is looking to secure one or more projects that offer significant discovery potential
"We are reducing our published guidance for 2021 of tonnes processed to 750,000 tonnes to 850,000 and carats produced to 30,000 to 39,000," said executive chairman Mike Houston
The 2.5% net smelter royalty (NSR) on 51 claims covers 15,116 hectares which are owned by Grizzly Discoveries
BllueRock has established a consistent track record of production from Kareevlei
"Petra takes the allegations of human rights abuses at the Williamson mine extremely seriously,” the company said
The trio weighed in at 10.6 carats, 9.8 carats and 8.4 carats respectively
The firm operates the Kareevlei diamond mine in South Africa
It recovered 16 diamonds greater than 100 carats each, the highest number recovered in a single year
"We saw the continuation of good rough diamond demand during our second sales cycle of 2021 on the back of positive consumer demand for diamond jewellery," said Bruce Cleaver, chief executive of De Beers Group