In a bid to drum up investor appetite for rough, natural diamonds, mining company Lucara Diamond Corp and manufacturer HB Antwerp on Monday unveiled a 1 175-ct diamond in New York City. The companies are billing the stone as the largest rough diamond to be shown in the United States,
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Aim-listed BlueRock Diamonds recorded good progress on a number of fronts during the six months ended June 30, chairperson Mike Houston says, despite a challenging period and delays in the expansion project at its Kareevlei mine, in the Kimberley region of South Africa. The company announced a significant increase to
TSX-V-listed Diamcor Mining managed to tender and sell 4 468 ct of rough diamonds in the six months ended June 30, generating revenue of about $1.2-million and realising an average price of $270.39/ct. The company also delivered an additional 1 500 ct for tender right before the period ended.
Aim-listed BlueRock Diamonds has sold three gem-quality diamonds of 58.6 ct, 21.6 ct and 14.3 ct, for $585 000, $268 000 and $236 000, respectively, for a total of $1.1-million. The diamonds were recently recovered from the Kareevlei diamond mine in the Kimberley region of South Africa.
Small and junior diamond miners are facing persistent challenges from a policy and regulatory perspective, which has resulted in a significant decrease in the number of small miners over recent years, a report titled ‘Status of the South African Small and Junior Diamond Mining Sector, states. The report, which, was
London-listed Petra Diamonds has sold its recently recovered 342.92 ct Type IIa white diamond and an 18.30 ct Type IIb blue diamond into a partnership with Stargems. Petra will receive an upfront payment of $10-million for the 342.92 ct diamond and $3.5-million for the 18.30 ct diamond. It will also