R/€ = 16.61 Change: 0.00
R/$ = 14.80 Change: 0.01
Au 1341.20 $/oz Change: -13.72
Pt 803.38 $/oz Change: -10.71


BlueRock sells 24.98 ct diamond for $190 000

By: Nadine James     14th June 2019 Aim-listed BlueRock Diamonds, the owner and operator of the Kareevlei diamond mine, in Kimberley, has sold a 24.98 ct diamond recovered earlier this month for $190 000. Executive chairperson Mike Houston on Friday commented that the company was delighted with the sale of its largest diamond to... 

New kimberlite discovered at Mountain Province and De Beers Canada JV

By: Creamer Media Reporter      12th June 2019 TSX- and Nasdaq-listed Mountain Province Diamonds has discovered a new kimberlite at its Gahcho Kué joint venture (JV) leases – the first to be discovered in the area in more than two decades. The Wilson kimberlite, which was named after Canada’s first female geologist, Alice Evelyn Wilson, is... 

Vutomi to sell diamonds recovered at Thorny River

By: Tasneem Bulbulia     11th June 2019 Aim-listed Botswana Diamonds’ associate, Vutomi, has received approval to sell 256 ct of rough diamonds recovered during a bulk sampling programme at the Thorny River project, in South Africa. The sale of diamonds from bulk sampling will enable the further development of the project. 

Gem paid Lesotho $24.55m in royalties, taxes in 2018

By: Tasneem Bulbulia     11th June 2019 Aim-listed Gem Diamonds paid Lesotho $24.55-million in royalties and taxes for the 2018 financial year. The company, which operates the Letšeng mine, in Lesotho, paid $6.16-million in taxes to the Lesotho Revenue Authority and $18.39-million in royalties to the country’s government. 

Alrosa sales weaker than in previous years

By: Mariaan Webb     10th June 2019 The world’s largest diamond miner by volume, Russia’s Alrosa, has sold about $700-million worth of diamonds less in the first five months of this year, than in the same period last year, highlighting the pressure that the diamond market is under amid a supply glut. Sales for the January to May... 

Trevali recruits former Barrick COO to its board

By: Creamer Media Reporter      7th June 2019 Vancouver-headquartered zinc miner Trevali has appointed former Barrick COO Richard Williams to its board of directors. Commenting on the appointment, chairperson Jessica McDonald said that Williams’ track record as a global mining leader and board member, as well his unique set of skills and... 

Record 24.98 ct diamond recovered at Kareevlei

By: Tasneem Bulbulia     7th June 2019 Aim-listed BlueRock Diamonds has recovered its largest diamond to date, a 24.98 ct gem-quality diamond. This diamond, which was recovered from its Kareevlei diamond mine, near Kimberley, in South Africa’s Northern Cape, would shortly be put to tender. 

Zero harm is possible – Zikalala  

By: Martin Creamer     7th June 2019 Nompumelelo (Mpumi) Zikalala has hit the ground running as the newly appointed Managing Director of De Beers Group Managed Operations in South Africa and Canada, which employ more than 5 500 people, including contractors. The focus of the De Beers Group Managed Operations leadership team is on... 

Lucapa launches next phase Lulu kimberlite search

By: Creamer Media Reporter      6th June 2019 Australia-based Lucapa Diamond Company has launched a $3.3.-million, 12-month exploration programme to locate the kimberlite source of the high-value alluvial diamonds that it currently mines at the Lulo mine, in Angola. The programme is based on a technical review of Lulo kimberlite exploration... 

Strategic partnerships with midtiers, majors key to securing funding for juniors

By: Nadine James     5th June 2019 Strategic partnerships with midtiers or majors was one of the more realistic and beneficial means for junior miners to secure funding for initial exploration, a panel of speakers at the Junior Indaba said on Wednesday. Moderated by Botswana Diamonds MD James Campbell, the panel focused on the... 

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