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gahcho kue
Mountain Province Arranges $89M in Private Placements
Mountain Province Diamonds Inc. entered into an agreement with a syndicate of underwriters, led jointly by BMO Capital Markets, RBC Capital Markets and Scotia Capital Inc., under which the underwriters agreed to buy, on a bought-deal basis...
Mining Sep 30, 2014 Jeff Miller
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
The following lists diamond-industry public companies and their share price changes for the week ending September 24 at 4 p.m. Sept. 24 Sept. 18 Chng. $1 = Euro 0.780 0.774 0.006 $1 = Rupee 60.97 60.77 0.2...
Financial-Legal Sep 24, 2014 Rapaport News
true north gems
True North Inaugurates Construction on Aappaluttoq Ruby Mine
True North Gems Inc. has mobilized equipment to inaugurate construction of the Aappaluttoq ruby and pink sapphire project located in southwestern Greenland. "This exciting announcement marks the continuation of a very successful transition year for...
Mining Sep 23, 2014 Jeff Miller
Bristol Bay Gold Mine Boycott
Public Comments Flood Into the EPA to Protect Bristol Bay From Pebble Mine
Press Release: The U.S. Environmental Protection Agency (EPA) received approximately 700,000 comments in support of its plan to use its Clean Water Act authority to restrict mine waste disposal from the Pebble mine proposed...
Marketing Sep 22, 2014 Earthworks
Gemfields Records $16M Profit
Gemfields plc. reported that revenue rose to $160.1 million for the fiscal year that ended on June 30, far surpassing revenue of $48.4 million one year earlier. The integrated gemstone mining company's profit...
Gemstones Sep 22, 2014 Jeff Miller
Rockwell Diamonds
Rockwell's 2Q Production +36%, Sales +55%
Rockwell Diamonds' production rose 36 percent year on year to 9,581 carats in the second fiscal quarter that ended on August 31, while the value of its diamond sales rose 55 percent to $13.2 million. The company sold...
Rough Markets Sep 22, 2014 Jeff Miller
Petra's Two Finsch Diamonds
Petra Diamonds' Profit Jumps to $68M
Petra Diamonds' revenue increased 20.2 percent year on year to $471.8 million for the fiscal year that ended on June 30. Group profit jumped to $67.5 million compared with $27.9 million one year earlier....
Mining Sep 18, 2014 Jeff Miller
Stornoway Reports Progress on Renard Construction, 1Q Loss of $12M
Stornoway Diamond Corporation reported a loss of $11.5 million during the first quarter that ended on July 31, and the company held cash and cash equivalents of $438.3 million. The junior mining company completed...
Mining Sep 16, 2014 Jeff Miller
Kennady Diamonds to Raise $5M From Private Placement
Kennady Diamonds Inc. is arranging a non-brokered private placement to raise approximately $5 million through the issuance of common shares at a price of $6.50 each. The placement is expected to close on or about September 30 and is subject to regulatory approval.Kennady Diamonds' major...
Financial-Legal Sep 16, 2014 Jeff Miller
De Beers Diamond Sorting
De Beers: Global Diamond Jewelry Demand Reaches $79B in 2013
Press Release: Global demand for diamond jewelry reached a record high of $79 billion in 2013, according to the inaugural "Diamond Insight Report," published today by the De Beers Group of Companies. (View the interactive report.)Demand is expected...
Research Sep 16, 2014 De Beers
Diamcor Receives Mining Right for Krone-Endora at Venetia
Diamcor Mining Inc. received a 30-year term mining right for the Krone-Endora at Venetia project this week from the South African Department of Mineral Resources. The deal also grants Diamcor the exclusive right...
Mining Sep 12, 2014 Jeff Miller
Gem Diamonds Opens Its Underground Ghaghoo Mine
Gem Diamonds Limited opened the Ghaghoo diamond mine in Botswana, the first underground diamond mine in the country and the company's second major producing diamond mine -- the first of which is Letšeng in Lesotho. Gem...
Mining Sep 05, 2014 Jeff Miller
Botswana to Inaugurate Diamond Mine on Bushmen Ancestral Land
Survival International condemned Botswana for opening a diamond mine on Bushmen ancestral land, nearly a decade after the government stated there were no plans to mine the Central Kalahari Game Reserve. The Ghaghoo diamond mine,...
Mining Sep 04, 2014 Jeff Miller
Diavik Diamond Mine, Courtesy: Diavik Diamond Mine
Dominion Diamond Reports Profit of $27M, Gross Margin Jumps
Dominion Diamond Corporation reported that its profit rose to $26.6 million in the second quarter that ended on July 31, compared with a loss of $13.9 million one year earlier. Meanwhile, rough diamond sales rose...
Financial-Legal Sep 03, 2014 Jeff Miller
Lace mine
DiamondCorp's Rough Sales Total $907K in 1H, Loss Widens
DiamondCorp reported that its loss rose 25 percent year on year to $4.6 million (GBP 2.75 million) for the six months that ended on June 30. The loss included a fair value adjustment of $2.6 million...
Mining Aug 28, 2014 Jeff Miller
Diavik Mine
Mining Groups Welcome Federal Support for Payment Transparency
The Mining Association of Canada (MAC) and the Prospectors & Developers Association of Canada (PDAC) applauded Canada's mines ministers support for enhanced transparency of mining sector payments to regional and foreign governments. MAC and...
Mining Aug 26, 2014 Jeff Miller
Duas Barras Diamond Recovery Plant
Brazil Minerals Raises Equity Interest in Mineração Duas Barras
Brazil Minerals Inc. completed the purchase and received title to another 13.13 percent of Mineração Duas Barras Ltda. (MDB) in Brazil, thereby increasing its current ownership to 86.88 percent. MDB mines diamonds and gold...
Mining Aug 15, 2014 Jeff Miller
gahcho kue
Gahcho Kué Operators Welcome Land Use Permit
The Gahcho Kué diamond project in the Northwest Territories of Canada received its much anticipated land use permit. Project operators, De Beers Canada Inc. and Mountain Province Diamonds, explained that the Mackenzie Valley...
Mining Aug 12, 2014 Jeff Miller
stellar diamonds
Stellar Anticipates Commissioning Ore at Baoule in Sept.
Stellar Diamonds relocated mining equipment to the Baoule diamond pipe in Guinea to fast-track trial mining for the purpose of generating an early cash-flow, while determining the commercial diamond-grade and value for the project. The...
Mining Aug 11, 2014 Jeff Miller
Chidliak Project
Peregrine Proposes a Rights Offering
Peregrine Diamonds Ltd. filed a preliminary, short form prospectus in respect to a proposed financing through a rights offering of units. The offering is limited to all shareholders in Canada's provinces and territories, with the exception of Quebec, and in other...
Financial-Legal Aug 11, 2014 Jeff Miller
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