TSX-V-listed Pangolin Diamonds on June 23 provided an update on recent activities at its various projects in Botswana, with all field teams now fully operational. It added that the Botswana Department of Mines had granted the company’s joint venture partner, Makunwu Civl Blasting, to proceed with a 500 t bulk
Tag: DMCC
Dear Friends, The summer is here and there is reason for optimism and for concern. First the good news. The world diamond industry is slowly getting back on its feet. Diamond bourses are returning to activity around the world, with limitations and restrictions brought on by the Coronavirus
Aim-listed diamond producer BlueRock Diamonds achieved its target to reach a yearly run rate of 400 000 t and operational profitability through enhanced production at the end of 2019. In a statement on June 22, the producer, which owns and operates the Kareevlei diamond mine in South Africa, announced its audited
For decades, shopping for uncut diamonds was a tightly scripted affair: First, persuade De Beers to add you to its list of handpicked customers. Then, 10 times a year, attend a week-long sale to buy exactly the amount De Beers offers you at whatever price it chooses. The system, which
Canadian diamond miner Mountain Province Diamonds has provided a new guidance for 2020, as CEO Stuart Brown says that demand for rough diamonds are starting to show signs of interest. The Toronto-headquartered company lowered the production forecast for Gahcho Kue, in Kennady Lake on the Canadian tundra on the edge
London-listed Gem Diamonds, which operates the Letšeng mine, in Lesotho, sold 15 diamonds for more than $1-million each in the first half of this year. This includes one diamond that was sold for more than $5-million.