"In mining, as with any project, the proof of the pudding is the results, and the last two years have shown some really great results for us," says Adam Waugh, CEO of BlueRock Diamonds. BlueRock Diamonds, established in 2012, is a diamond exploration company founded with one principle - to acquire or
LONGUEUIL, Qu?(C)bec, Feb. 07, 2018 (GLOBE NEWSWIRE) -- Stornoway Diamond Corporation (TSX:SWY) (the "Corporation" or "Stornoway") is pleased to announce the attainment of full Completion Certification ("Completion") at the Renard Mine. Under the terms of Stornoway's July 2014 material project finance
The Company also holds an interest in the Oena Diamond Mine, a producing alluvial diamond property located in the Northern Cape Province, South Africa. Tango also has a three-year renewable Risk Services Agreement for Mining of Diamonds with Txapemba Canguba R.L, which was granted an
February 7, 2018) - Diamond Fields Resources Inc. (TSXV: DFR) ("DFR" or the "Company") is pleased to confirm that it is undertaking re-assay, metallurgical and certain
Diamond exploration in South Africa is at multi-decade lows due to increasing red-tape in the granting of prospecting licenses. De Beers itself, which will be down to a single mine in the country after the sale of Voorspoed, had at one point 52 exploration applications stuck with the Department of Mineral
Kennady Diamonds Inc. controls 100 percent of the Kennady North diamond project located in Canada's Northwest Territories. Kennady North is adjacent to the Gahcho Ku?(C) Diamond Mine, a joint venture between De Beers Canada (51%) and Mountain Province (49%). Kennady is focused on expanding
The company, which last month found the world's fifth-biggest diamond in history at its flagship Let??eng mine in Lesotho, sold 31,476 carats during the three months through December, up 21% from 25,909 carats in the third quarter. In January the company found a 910-carat stone, the world's fifth-biggest
In keeping with the Company's growth strategy, Lucapa has acquired a 70% interest in the advanced Mothae kimberlite project in diamond-rich Lesotho. The Mothae kimberlite pipe is a high-quality diamond resource located within 5km of Let??eng, the highest US$ per carat kimberlite diamond mine in the
TORONTO, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Talmora Diamond Inc. (CSE:TAI) ("Talmora" or the "Company") announces that it has been granted 3 Prospecting Permits (86,689.98 ha) in the Inuvialuit Settlement Region of the Northwest Territories. The permits are adjacent to the Company's current claims and give the
It looks increasingly likely now that Tango Mining Limited (CVE:TGV) will have cash flow from two separate diamond mining operations within the space of a month or two. In the lead is the Oena Mine in the Western Cape of South Africa. Here, Bluedust, Tango's new contractor, started operations in
Government is working on amendments to the Indigenisation and Economic Empowerment Act to limit the 51 /49 percent shareholding requirement to only two minerals, diamonds and platinum. The Government in 2015 did not renew licences of private players in the diamond mining industry after realising
Shares in Petra Diamonds (LON:PDL) fell as much as 21% on Monday after the miner cut its forecast for 2018 earnings and said it will produce fewer precious stones as it focuses on recovering larger, more expensive rocks. The South African diamond producer, owner of the iconic Cullinan mine, which
Mountain Province is the 49% owner of the Gahcho Kue diamond mine (with De Beers Canada) in the Northwest Territories. By adding Kennady's Kelvin kimberlite and the Faraday kimberlite cluster to its portfolio, Mountain Province is adding growth opportunities to its future. The maiden Kelvin resource
The parcel represented run of mine diamonds recovered during a four week period from mid-October to mid-November. Within the mix sold, 97,317 carats of +7 sieve size diamonds were sold at an average price of US$140/ct compared to FY2018 guidance of US$125 to US$165 per carat. 41,370 carats of
Government is working on amendments to the Indigenisation and Economic Empowerment Act to limit the 51 /49 percent shareholding requirement to only two minerals, diamonds and platinum. The Government in 2015 did not renew licences of private players in the diamond mining industry after realising
It expects overall 2018 revenue to remain in line with current consensus, including the expected sale of the blocked consignment of diamonds in Tanzania. As part of a wider crackdown in its mining industry, Tanzania blocked the consignment after accusing Petra of under-declaring the value of the stones
North Arrow Minerals Inc. Jan. 22 reported that it has significantly expanded its Mel property in Nunavut to encompass a new diamond-bearing kimberlite field it discovered last year. During its 2017 exploration at Mel, North Arrow discovered ML-8 kimberlite near the up-ice termination of a well-defined
"This has been done in the context of ease of doing business to facilitate investment in the diamond mining industry," the statement said. However, miners will be required to pay more in respect of mining blocks with the government currently reviewing the fees and a statement on the new fee structure would
The company said output at its diamond unit, De Beers, climbed 22% compared with the previous year to 33.5 million carats, as its Gahcho Ku?(C) mine reached full production. Gahcho Ku?(C), Canada's newest diamond mine and the world's largest in the last 13 years, is a joint venture between De Beers and
Shares in London-listed Botswana Diamonds (LON:BOD) were hit Thursday by the news that said sampling work at the company's Thorny River project in