Featured Sector Analysis

Antwerp World Diamond Centre Taps New President

RAPAPORT... The Antwerp World Diamond Centre (AWDC) has appointed Belgian diamantaire David Gotlib as president, succeeding Chaim Pluczenik.Gotlib is the founder of luxury goods and jewelry retailer IDRP Group as well as his own eponymous jewelry brand. He is also the president of the Antwerp Diamond Bourse, the AWDC said Monday. He has s...

Major Countries Ban Import of Russian Gold

RAPAPORT... The US, UK, Canada and Japan have placed sanctions on the import of Russian gold in an effort to eliminate revenue used to fund President Vladimir Putin's war on Ukraine.The four countries made the decision to ban Russia's biggest non-energy export at the G7 summit in Germany on Sunday, the UK government said. The remaining G7...

Russia Crisis Puts Diamond Marketing in Jeopardy

RAPAPORT... The Natural Diamond Council (NDC) is facing a massive budget cut in 2023 unless the industry steps in to compensate for the loss of Alrosa's financial contribution, CEO David Kellie told Rapaport News. "We've probably been impacted more than anybody [by sanctions against Russian diamonds] in as much as Alrosa was almost half o...

Company Press Releases

Debut Diamonds Announces Engagement of KWG as Sales Agent, Board Changes, Private Placement, and Sale of Control

Toronto, Ontario--(Newsfile Corp. - November 26, 2018) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") today announced a series of transactions, including the engagement of KWG Resources Inc. ("KWG") as its exclusive agent to source buyers for its various diamond mineral resource properties, changes to its board of di...

Debut Diamonds Announces Closing of Private Placement and Debt Conversion

Toronto, Ontario--(Newsfile Corp. - January 9, 2019) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds of $600,000 (the "Private Placement") and the settlement of $90,000 in debt (the "Debt Conversion"; toget...

Debut Diamonds Announces Plans To Consolidate

Toronto, Ontario--(Newsfile Corp. - December 6, 2019) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") announces its plans to consolidate all of the Company's issued and outstanding common shares (the "Shares") on the basis of 16.667 to one (1) (the "Consolidation"). Effective December 10, 2019, with a record date of...

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Diamond Mining News

Expert warns Zim against contracting “ghostly” diamond ...

He discouraged the participation of a grouping of small mining companies in the extraction of the precious mineral saying this was a barrier to

Zimbabwe: Expert Warns Zim Against Contracting 'Ghostly ...

President Emmerson Mnangagwa's government has extended fresh diamond mining rights to Anjin Investments in Chiadzwa, Manicaland,

Diamond Mining Market Growth, Challenges, Opportunities ...

The Global Diamond Mining Market report by UpMarketResearch.com provides a detailed analysis of the area marketplace expanding;

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Popular Post

The upside to the downturn: extraordinary value' for selective investors

There's no doubt that the past few years have been tough on junior miners and those who invest in them. So tough in fact that the World Resource Conference put together each June in Vancouver by Cambridge House has been rebranded as the Canadian Investor Conference, with small-cap tech and "diversified" companies - including those juniors that have recently migrated to the burgeoning medical marijuana sector - invited in to shore up the exhibitors' list and bring in more investors. But while it's easy to dwell on the hardships exploration companies and those who invest in them have had to endure for the past three years, there is an upside to the junior mining industry's current malaise. A panel at the conference, which took place June 1-2, laid out several positives for investors who are...

Peregrine shares pop on 7.5M-carat maiden resource for Chidliak

Peregrine Diamonds (TSX: PGD) has unveiled a maiden resource for the CH-6 kimberlite at its Chidliak diamond project in Nunavut.CH-6 contains an inferred resource of 7.47 million carats in 2.89 million tonnes of kimberlite grading 2.58 carats per tonne. The resource extends to 250 metres depth and CH-6 is open at depth.A valuation of CH-6 diamonds conducted in February revealed an average diamond price of US$213 per carat.Beside and beneath the CH-6 resource, the company has defined a target for further exploration of 2.6 to 3.5 million additional tonnes. About half of that estimated tonnage (1.5 million tonnes) lies at shallow depths of between 105 and 250 metres depth, while the rest is between 250 and 380 metres depth. Peregrine is planning a core drilling program to convert the target...

An adapt-or-die moment for junior miners

Newsletter writer and mining analyst John Kaiser sounds a little dejected as he describes the utterly bleak state of the mining industry today."The phones are completely dead, nobody cares," says the editor of Kaiser Research Online. "Companies can't raise money, it's like a complete dying sector."Kaiser made a now-famous prediction last year that around 500 juniors were bound for "extinction" because of an inability to raise capital, low share prices and negative sentiment on commodities.As of mid-May, that number has grown: Of the roughly 1,800 publicly listed TSX and TSXV companies involved in mining or exploration and listed in the KRO database, 694 had less than $200,000 in working capital - basically the amount needed annually to maintain a listing.Kaiser adds that about 70% of all t...

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