Diamond Stocks News

Venezuelan government defends Mining Arc, environmentalists say ...

February 27, 2018 / Diamond mining news

Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country's landmass) for mining gold, diamond, iron ore, copper,

World's largest diamond mining vessel to be used off Namibian coast

February 26, 2018 / Diamond mining news

Windhoek-The De Beers Group has confirmed that a Scandanavian shipbuilder has commenced what will eventually be the world's largest diamond mining vessel for Debmarine Namibia, a joint venture held in equal shares between the government of Namibia and De Beers. De Beers Group Chief

Lucara Diamond Announces Acquistion of Clara Diamond Solutions ...

February 26, 2018 / Diamond mining news

Lucara intends to commercialize the Clara platform in the coming months using a selection of the diamond production from the company's Karowe Diamond Mine. Thereafter, Clara will be scaled to accommodate diamond uptake from a variety of sources across the supply chain. Testing on the platform has

Zimbabwe: $10m Bribe - Mugabe Protected Mpofu, Says Businessman

February 26, 2018 / Diamond mining news

Harare businessman Lovemore Kurotwi says he is pinning his poses on the new government to recover over $10m in cash, diamonds and mining equipment seized by home affairs minister Obert Mpofu. The diamond miner and processor, whose interests include Core Mining and Canadile Diamond

Diamond Mining Market Analysis Report: Key Trends, Opportunities ...

February 26, 2018 / Diamond mining news

Global Diamond Mining Market Report is a professional and in-depth study on the current situation and growth prospects of Diamond Mining market. This report is valuable source of guidance and direction for companies and individuals interested in the Diamond Mining market worldwide. Diamond Mining

Tango Diamond Sales From Oena Diamond Mine, South Africa

February 23, 2018 / Diamond mining news

VANCOUVER, British Columbia, Feb. 23, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited ("Tango" or the "Company") (TSXV:TGV) is pleased to provide an update on diamond sales results from the alluvial Oena Diamond Mine, Republic of South Africa ("Oena" or the "Property"). During the period from 18 January to 14

Diamond Mining Market By Production, Import, Export And ...

February 23, 2018 / Diamond mining news

Diamond Mining Market report provides future growth potentials, key drivers, competitive outlook, Scope, key challenges analysis. The reports also elaborate the growth rate of the Diamond Mining market based on the top company profile analysis. This report offering a detailed analysis, market sizing, and

Zimbabwe resumes diamond sales, expects to auction 1.56 million ...

February 23, 2018 / Diamond mining news

Zimbabwe's Minister of Mines, Winston Chitando, held a press conference this week to announce that, following its one-year break, the country has resumed diamond auctions and expects to sell 1.558 million carats of diamonds over the next two months. According to Chitando, the Zimbabwe Consolidated

De Beers diamond output to peak this year thanks to Gahcho Kue

February 22, 2018 / Diamond mining news

Anglo American's De Beers, the world's largest rough diamond producer by value, said Thursday it plans to mine precious rocks this year at a rate not seen since the 2008 global financial crisis. Delivering its preliminary financial results for 2017, the miner said it intends to dig up as much as 36 million carats

Peregrine Diamonds boosts resource at Chidliak

February 22, 2018 / Diamond mining news

A resource update has brought the combined inferred resource of just two of seventy-four known kimberlites to 22 million carats at Peregrine Diamonds' (TSX: PGD) Chidliak project in the Canadian Arctic. "This result absolutely has positioned Chidliak in the Canadian development context as the next cab

Stellar Diamonds begins study for Sierra Leone's Tongo-Tonguma ...

February 22, 2018 / Diamond mining news

UK-based Stellar Diamonds has started the front-end engineering and design (FEED) study for the underground mine development of the Tongo-Tonguma project in eastern Sierra Leone. In connection with the study, a team of consultants is now available on-site to begin various work streams related to the

Petra Diamonds' first-half core earnings fall by 8%

February 22, 2018 / Diamond mining news

Petra Diamonds has said the company's core earnings fell 8% in the first half of the year, hurt mainly by a strike at its South Africa operations and the blocking of a consignment of diamonds in Tanzania. The miner issued

First Nation, mining company announce partnership

February 21, 2018 / Diamond mining news

A remote Manitoba First Nation has made history by partnering up with a mining company to explore diamond claims staked in the Oxford Lake area. There's only an outside chance the deal between Altius Resources Inc. and Manitoba's Bunibonibee Cree Nation will lead to a new mining source for

Peregrine Diamonds boosts resource at Chidliak in Nunavut

February 20, 2018 / Diamond mining news

If Chidliak goes into production, it likely would be a combination of open-pit and underground, not dissimilar to the Ekati and Renard diamond mines, which started as open pits and then moved underground. "At nearly 4.5 carats per tonne, that's very high value rock, and I can't see any reason why that

Alrosa's diamond mining may grow to 37.5-38 mln carats in 2019

February 19, 2018 / Diamond mining news

"We have a number of projects: namely our subsidiary Severalmaz should reach the designed capacity, there are production plans for our subsidiary Diamonds of Anabar. We expect that within 2019 we will be able to start growing again in terms of diamond mining, we plan to reach the level of 37.5-38

Arctic Star Announces New Kimberlite Discovery in Finland

February 20, 2018 / Diamond mining news

The Company owns 100% of the recently acquired Timantti Diamond Project including a 243 Ha Exploration Permit and a 95,700 Ha Exploration Reservation near the township of Kuusamo, in Finland. The project is located approximately 450km SW of the operating Grib Diamond Mine in Russia. Arctic is commencing its

Peregrine Diamonds Reports 58% Increase in Chidliak's CH-6 ...

February 15, 2018 / Diamond mining news

JDS Energy and Mining Inc. ("JDS") has commenced work on a revised PEA of a Phase One Diamond Development, with results expected in the second quarter of 2018. The 2018 PEA is based on aggregate Inferred Resources at CH-6 and CH-7 of 22.19 million carats contained in 12.45 million tonnes of

Botswana Diamonds just raised more than $695K to boost exploration

February 14, 2018 / Diamond mining news

Shares in Africa-focused Botswana Diamonds (LON:BOD) received a much-needed boost on Wednesday after the miner announced it had has raised ?500,000 (about $695,060 at current rates) to fund ongoing exploration in South Africa and Botswana. The company said the sum was collected through the

Asteroid Mining Is Just the Beginning: What If We Could Mine a ...

February 14, 2018 / Diamond mining news

This planet has long held astronomers' attentions, as based on the readings we've been able to take thus far, it looks like it could well be made entirely of diamond. This isn't a huge surprise-after all, diamond is essentially concentrated carbon, and this is a fairly standard planetary building block, which

Botswana Diamonds begins exploration work at Sunland Minerals JV

February 14, 2018 / Diamond mining news

Botswana Diamonds has started an exploration programme on the Sunland Minerals joint venture (JV) in the Southern Africa country. Sunland Minerals is held as a JV with Russian diamond mining company Alrosa. The work seeks to follow-up on 15 previously identified priority geophysical targets in

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