Angola’s national diamond trading company Sodiam has completed the process of evaluating expressions of interest from both Angolan and international companies for the provision of specialised services, including diamond boiling and diamond tenders – services deemed important for the future Angolan diamond exchange. The results of the evaluation process determined
Tag: Dubai Diamond Trading
The government of Dubai on January 18 hosted an exclusive public viewing of an extremely rare black diamond called “The Enigma” at the Dubai Diamond Exchange. The diamond has never before been exhibited.
Botswana and De Beers have extended their current sales contract by another year, the diamond miner said on Friday, citing logistical challenges presented by the Covid-19 pandemic. This is the second extension of the agreement for the sale of Debswana’s rough diamond production. The agreement was due to expire at
Australia’s Lucapa Diamonds expects to be elevated to mid-tier diamond producer status in 2024, when its newly acquired Merlin project, in the Northern Territory, starts producing on a commercial basis. Merlin, which Lucapa expects will be the biggest commercial diamond mine in Australia, will deliver 2.1-million carats over its 14-year
LSE-listed diamond miner Petra Diamonds has executed a nonbinding memorandum of understanding (MoU) to sell 50% (less one share) of the entity that holds Petra’s shareholding in Williamson Diamonds Limited (WDL) to Caspian for $15-million. This is in addition to a pro rata portion of shareholder loans owed by WDL.
TSX-V-listed Diamond Fields Resources has appointed John McGloin as a director and CEO, effective January 1. Current CEO Sybrand van der Spuy will assume the role of COO responsible for the logistics, supply chains and security of the Company’s projects throughout Africa.