Diamond Stocks News

House of Cards' $1.3-million diamond-encrusted bottle of vodka stolen

January 06, 2018 / Diamond mining news

What is believed to be the world's most expensive bottle of vodka has been stolen from a Copenhagen bar. The $1.3-million container was made of yellow gold and silver and had a diamond-encrusted replica of the Russian Imperial Eagle on its cap. On season three of the political thriller House of Cards,

Mountain Province Diamonds Results of Tenth Diamond Sale

January 04, 2018 / Diamond mining news

Diamonds sold at individual sale events will not directly reflect run-of-mine production from specific processing periods. The timing of the sale of some goods may be accelerated or deferred for tactical marketing purposes. Realized average value per carat is also impacted by the binary nature of the fancies

Diamond prices were okay in December, not so good throughout 2017

January 02, 2018 / Diamond mining news

International diamond trading network Rapaport Group released a report that states that, following a better-than-expected holiday season, polished diamond prices stabilized in December 2017. Even though the company's RapNet Diamond Index, known as RAPI, slid 1.7% for 3-carat diamonds in the last

The EU starts to lead the Kimberley Process

January 02, 2018 / Diamond mining news

It is aimed at removing conflict diamonds from the global supply chain, which means that participants have to go through a certification scheme that ensures that their diamond purchases are not financing violence by rebel movements aiming at undermining legitimate governments. In detail, the scheme puts

Diamond sorter to jail for $500K theft

January 01, 2018 / Diamond mining news

Four employees at the state-owned Zimbabwe Consolidated Diamond Company were found guilty of conniving to steal diamonds worth half a million dollars while replacing them with fake gems. According to local media, the main perpetrator of the crime, 34-year-old Anesu Dhliwayo, will remain in custody

Graff Pays $16.5 Million for 476-Carat Meya Prosperity Diamond ...

January 01, 2018 / Diamond mining news

Just before the close of 2017, Graff, a leader in the diamond business since 1960, acquired a 476-carat rough diamond, named The Meya Prosperity Diamond, that was mined in Sierra Leone, for $16.5 million. It is another in a long line of extraordinary diamond acquisitions by Graff, today's "King of

Bitcoin Diamonds Official Website Launched for Making Mining ...

December 25, 2017 / Diamond mining news

The official website of BCD with big block and Segwit was launched. Its open source code was uploaded to Github. The online development team of BCD launched the official website, adding that the miners would be able to download the source code for safe mining from Github. With the launch of the Black Diamonds

Where to find a Meghan Markle style diamond in Africa

December 22, 2017 / Diamond mining news

Africa's leading diamond producer by volume, DR Congo generated 23.2 million carats of diamonds in 2016. Much of that is generated by small-scale artisanal miners. The DRC Chamber of Mines estimates 200,000 to 400,000 people are employed in artisanal diamond mining. Despite the large volume,

Diamond Mining Industry 2017 Production, Segmentation ...

December 22, 2017 / Diamond mining news

New York, NY - 12/22/2017 - "Global Diamond Mining to 2020", provides in-depth overview of global diamond mining industry, global diamond reserves by country and historic and forecast data on rough diamond production. The report covers factors affecting demand for global diamond and information

Tango Mining Announces Acquisition of Alluvial Diamond Project in ...

December 21, 2017 / Diamond mining news

VANCOUVER, British Columbia, Dec. 21, 2017 (GLOBE NEWSWIRE) -- Tango Mining Limited ("Tango" or the "Company") (TSXV:TGV) is pleased to announce that it will acquire an 75% unencumbered interest in an alluvial diamond property in Botswana called the Middlepits Project (the "Property") from Metswedi Mining

#OnlyinCanada: Homeless man helps recover lost diamond ring

December 21, 2017 / Diamond mining news

A homeless youth who got a 14-carat gold ring with square-cut diamonds by mistake has returned the jewel to its owner. Trinda Gajek, a nurse working in Nanaimo, British Columbia, had put the ring inside her wallet and lost it when she dumped all the change she had into the hands of the youth. According

Desperately seeking the suitor after Gem's Ghaghoo diamond mine

Dec. 19, 2017 / Diamond mining news

This article has been edited to remove the statement that Diacore is part of the Beny Steinmetz group. Miningmx apologises for the error. Puzzling questions in the Botswana diamond mining sector at present concern which company has just walked away from buying Gem Diamonds' Ghaghoo mine as well

20% increase in rough diamond revenue despite waning consumer ...

December 20, 2017 / Diamond mining news

"The continuing slowdown in global diamond jewelry demand and the resulting downward trajectory of polished diamond prices translated to a slight revenue drop in the cutting and polishing segment in 2016," according to authors of the report. "Despite this drop, the midstream bought 20% more rough

Desperately seeking the suitor after Gem's Ghaghoo diamond mine

Dec. 19, 2017 / Diamond mining news

This article has been edited to remove the statement that Diacore is part of the Beny Steinmetz group. Miningmx apologises for the error. Puzzling questions in the Botswana diamond mining sector at present concern which company has just walked away from buying Gem Diamonds' Ghaghoo mine as well

Pastor who found giant diamond in Sierra Leone to get less cash ...

December 19, 2017 / Diamond mining news

According to such reports, the National Minerals Agency, which oversaw the sale of the 706-carat diamond at an auction in New York for $6.5 million, said Momoh could not get the entire sum because he violated the Mines and Minerals Act by unearthing the stone while his application for a mining licence

Rough diamonds have not been mines' best friend

December 19, 2017 / Diamond mining news

The supply side of the rough diamond market had a less than stellar year, with mine failures, news of pending closures and some companies missing output targets or running into unforeseen difficulties. In SA the going has been particularly tough. Rockwell, an alluvial diamond miner, was brought to its

Alrosa recovers huge yellow diamond from Yakutia mine

December 16, 2017 / Diamond mining news

The world's largest diamond producer by output, Alrosa (MCX:ALRS), announced today the recovery of a large gem-quality diamond of 98.63 carats from its historic Jubilee (Yubileynaya) pipe, located in the eastern Republic of Yakutia. The octahedron crystal has inclusions of olivine, graphite and sulphide,

Desperately seeking the suitor after Gem's Ghaghoo diamond mine

Dec. 14, 2017 / Diamond mining news

Puzzling questions in the Botswana diamond mining sector at present concern which company has just walked away from buying Gem Diamonds' Ghaghoo mine as well as the identities of the "other interested parties" that Gem says it is still in discussion with. A prime suspect initially was London-listed

BC diamond producer struggles with water issues in South Africa

December 15, 2017 / Diamond mining news

In detail, Diamcor tendered and sold three individual rough diamonds that were over 10.8 carats, with the largest being 25.02 carats, and 19 individual rough diamonds being over 5 carats in size. "The average dollar per carat of $198.57 for the rough diamonds tendered and sold in the current period

Zimbabwe: Diamond Firms in Comeback Talks

December 16, 2017 / Diamond mining news

Mining companies that were chased away from Chiadzwa after government terminated their licences and consolidated the diamond industry are now negotiating a comeback following the fall of former president Robert Mugabe, the Zimbabwe Independent has heard. In February 2015, government moved

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