RAPAPORT... A technology provider part-owned by De Beers has unveiled anautomated cutting machine that, it claims, will significantly speed up diamondmanufacturing and reduce costs. Synova's DaVinci system is the market's first automated instrument that can produce all 57 facets of a round brilliant diamond in one process, the Swiss company saidThursday. The user only needs to perform one final po...Read More

RAPAPORT... Alrosa is set to finalize its acquisition of diamondmanufacturer Kristall in a $29 million deal in October, following approval fromits supervisory board. Alrosa expects the RUB 1.89 billion sale-and-purchaseagreement to be signed by the end of the month, with a concrete plan for themanufacturer's integration into the company to be in place by the end of the year, it noted. Krista...Read More

RAPAPORT... Nemesis International on Thursday unveiled a 313-carat diamond that has been certified as the largest D-color polished stone in history. The emerald-shape, VVS1-clarity diamond, known as Constellation 1, is one of eight stones that make up a collection manufactured from the 813-carat Constellation rough, which Nemesis bought in partnership with Swiss jeweler de Grisogono for...Read More

(IDEX Online) - Botswana Diamonds and Vutomi, in which it holds a 40 percent interest, has signed a contract mining and processing agreement with Eurafrican Diamond Corporation (EDC) to mine and process the diamond-bearing gravels and residual stockpiles on a portion of the Marsfontein farm."Partnering with Eurafrican Diamond Corporation paves the way for commercial production to restart on Marsfo...Read More

(IDEX Online) - The Bharat Diamond Bourse (BDB) is offering to reimburse flight tickets of first-time visitors to the Bharat Diamond Week. The offer is eligible to anyone who purchases more than $100,000 worth of diamonds. "It is very important for us at the BDB to see new faces here for this special polished diamond sales week," said Mehul Shah, BDB vice president and head of the organizing...Read More

(IDEX Online) - Forevermark has launched its latest campaign directed at Indian Consumers. The  #TrustForevermark uses a diamond "question mark" throughout and is designed to reassure consumers they are buying a mined stone.The print campaign follows the journey of a diamond around the question mark from rough to polished, ending in a Forevermark box. Forevermark says the pathway of the diamo...Read More

(IDEX Online) - Alrosa's Supervisory Board has approved the company's acquisition of Kristall, the Smolensk-based diamond manufacturer. Alrosa has purchased a 100-percent stake in the company from the Russian Federation, valued at RUB 1,886 million ($29 million).The sale and purchase agreement is expected to be signed by the end of September, with the deal to be closed in the first half...Read More

(IDEX Online) - Lucara Diamond Corp. today announced the recovery of an exceptional blue, 9.74-carat gem-quality diamond from its Karowe Diamond Mine in Botswana. The mining company also showcased a newly discovered 4.13-carat pink, gem-quality diamond from the same mine. "Lucara is extremely pleased with the recovery of these rare, sizeable, fancy coloured diamonds, which have the poten...Read More

LONDON - Rio Tinto is exploring for diamonds in Canada as part of its plans to stay in the sector despite the looming closure of its Argyle mine in Australia, known for extremely rare pink diamonds, the firm's head of copper and diamonds said.Demand and prices for the wider market have fallen as concerns mount about the world economy, and laboratory-grown gems have added to supply.Advertisemen...Read More

Vancouver-headquartered Lucara Diamond Corp has recovered a 9.74 ct gem-quality blue diamond and a 4.13 ct gem-quality pink diamond at its Karowe mine, in Botswana.The diamonds were recovered from direct milling of South Lobe ore.AdvertisementThis follows the recent sale of a 2.24 ct blue diamond for $347 222/ct."Lucara is extremely pleased with the recovery of these rare, sizeable, fancy col...Read More

JOHANNESBURG (miningweekly.com) – The twenty-sixth Investing in African Mining Indaba – scheduled to take place in Cape Town from February 3 to 6 next year – will offer delegates new insight into issues facing Africa’s resources sector.“We’re building on the success of the 2019 Mining Indaba in terms of the high level of government participation and the substant...Read More

Stellar result for PolarXSPONSOREDpolarx"I am not in agreement with a state company that invests in mining because it is a high-risk investment.Read More

Stellar result for PolarXSPONSOREDpolarxThe 30-year bond has a 4.5% coupon, one of the lowest for a Mexican company in 30 years. The issue was rated at BBB+ by S&P Global Ratings and Fitch Ratings. The company's indebtedness is now $9.4 billion."With these resources we have sufficient for these three projects through 2022, a little for 2023 and start producing in that year," said VP finance Ma...Read More

U.S. equity index futures were higher. S&P 500 futures advanced 7 points in pre-opening trade.Index futures were virtually unchanged following final estimate of economic news at 8:30 AM EDT. Consensus for U.S. second quarter real GDP was unchanged from the previous estimate at 2.00%. Actual was unchanged at 2.00%. Consensus for Weekly Initial Jobless Claims was an increase to 212,000 from 208,...Read More

Wendy Adams, research associate professor of physics at Colorado School of Mines, has been elected a fellow of the American Physical Society.Fellowship in APS recognizes members who have made exceptional contributions to physics research, applications of physics, leadership in or service to physics, or significant contributions to physics education. Each year, no more than one-half of one percent...Read More

Since picking up the Waihi property in New Zealand from Newmont for US$100 million four years ago, OceanaGold (TSX: OCG) has extended the mine life of its Correnso underground gold mine by three years generating US$200 million of free cash flow.It has also fully permitted a new underground mine that it is building about 1-2 km away, and which it hopes to put into production by 2021. The undergroun...Read More

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesEarlier this year, senior thinkers at BCG laid out new guideposts to success for the modern company (The new Lo...Read More

Analysts and CEOs who have historically been conservative with their gold price calls are now forecasting levels above $10,000 in the long-run, and Frank Holmes, CEO of U.S. Global Investors, said that fundamentals back up these numbers."What' amazing about America, is that we have unprecedented deficits with no war and no recession. What happens when we get a recession or a war, we get this incre...Read More

The gold price tends to rise in times of crisis, but according to Frank Holmes, CEO and chief investment officer at US Global Investors, the yellow metal has the potential to go much higher even without a major calamity.Speaking at the Denver Gold Forum, Holmes explained that worldwide money printing triggered by attempts to stimulate economic activity could lead to a substantial gold price increa...Read More

Guys there is something you should know...Tommy is addicted to losing in HOI4 Singleplayer...Yes it's true, THE RUMOUR IS TRUE! This man just can't stop losing in SP! But will today be a different day? WILL TODAY BE THE DAY THAT OUR FAVOURITE GINGER BOI WINS A SINGLEPLAYER GAME!? Will he get the achievement that is One Empire? Well find out all that in this video. It's an alright video, you guys k...Read More