Tag: DMCC

Lucapa Raising Capital

The Lucapa Diamond Company is raising capital  to advance the search for the primary kimberlite sources of the high-value Lulo alluvial diamonds, preserve mining assets suspended as a result of the COVID-19 pandemic and for general working capital purposes. 1 for 5 rights issue at $0.05 per share, with one
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Lucara First Quarter 2020 Results To Be Released May 7th

April 23, 2020 Vancouver, British Columbia (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) Lucara Diamond Corp. (“Lucara” or the “Company”) announces that it will be publishing its 2020 First Quarter Results on Thursday, May 7, 2020, after market close in North America. The Company will host a
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AGD Diamonds finds “Unique” 50.36-Carat Diamond at Grib Mine

AGD Diamonds has announced that it found a “unique gem-quality diamond weighing 50.36 carats” at its Grib Mining and Processing Division in Russia on April 13, Rough & Polished reports.   Credit: AGD Diamonds   According to the company, its innovative use of “highly environmentally friendly technologies to dress kimberlite
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Hundreds of diamond traders come together during COVID-19

A large group of international diamond manufacturers and traders have come together in search of an independent, transparent, innovative third party operated polished diamond trading and buying platform, for diamond traders and retail jewelers worldwide. The initiative was born on March 20, 2020, immediately after the Rapaport Group (RG), which
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Lulo Mine Reserves Jump by 25%, Estimated Price Per Carat Soars

Lucapa Diamond Company has revised its estimated diamond reserves at the Lulo mine in Angola, reporting that they are higher by 25% than previously thought.   Credit: Lucapa   According to IDEX Online, “independent consultants have assessed in-situ resources as 100,700 carats, more than five times the 2019 output of
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Triple X Diamonds

Triple X diamond is a trade term referring to stones that have Excellent cut, polish and symmetry on their GIA grading reports. GIA does not use this term but many jewelers do. Does Triple X rating matter and should you pay more for a Triple X diamond? In this blog
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