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Stellar Diamonds
Stellar Diamonds Opens Rough Tender in Antwerp
Stellar Diamonds opened a tender in Antwerp for its first rough diamond production of 2015 from projects in Aredor, Sierra Leone and Guinea. The tender offers 6,031 carats and it is taking place at the Natural Diamond...
Rough Markets Feb 27, 2015 Jeff Miller
true north gems
True North Gems Appoints Simpson to the Board
True North Gems Inc. appointed Raymond Simpson to its board of directors. Simpson has more than 20 years of experience in the diamond industry and is currently the managing director of Diamond Asset Advisors, a Swiss based alternative...
Mining Feb 27, 2015 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 that ended on February 26 at 4 p.m. Feb. 26 Feb. 19 Chng. $1 = Euro 0.890 0.880 0.010 $1 = Rupee 61.73 62.07 -0.3...
Financial-Legal Feb 26, 2015 Rapaport News
gahcho kue
Mountain Province Undertakes $75M Rights Offering
Mountain Province Diamonds Inc. is undertaking a $75 million (CAD 95 million) rights offering to fund a cost overrun facility, the arrangement for which is contingent upon a condition precedent to drawdown its $370 million term loan facility....
Mining Feb 18, 2015 Jeff Miller
Lace mine
DiamondCorp Secures Wage Agreement for Lace Mine Workers
DiamondCorp plc, the operator of the Lace diamond mine in South Africa, confirmed that its subsidiary, Lace Diamond Mines (Pty) Ltd., signed a four-year wage agreement with the Association of Mineworkers and Construction Union...
Mining Feb 18, 2015 Jeff Miller
Gemfields' 2Q Production Jumps, Sales Fall at Fabergé
Gemfields plc reported that emerald and beryl production rose 48.7 percent year on year to 5.8 million carats in the second fiscal quarter that ended on December 31. Operating costs jumped 61.1 percent to $11.6...
Gemstones Feb 17, 2015 Jeff Miller
North Arrow
North Arrow's Drilling Program is Underway at the Pikoo Diamond Project
North Arrow Minerals Inc.'s exploration drilling is under way at the Pikoo diamond project, a joint venture with Stornoway Diamond Corp. in central-eastern Saskatchewan, where approximately 3,000 meters of drilling is planned. This round of drilling is a follow-up...
Mining Feb 11, 2015 Jeff Miller
Kennady Diamonds' Private Placement to Raise $16M
Kennady Diamonds Inc. is undertaking a non-brokered private placement to raise approximately $16 million (CAD 20 million) through a combination of common shares and flow-through common shares. The common shares to be issued have been priced at $3.55 and...
Financial-Legal Feb 09, 2015 Jeff Miller
Valentine's Day heart and jewelry
Press Release: Groups Challenge Signet to Clean Up Its Supply Chain
Press Release: This Valentine’s Day, IndustriALL Global Union, London Mining Network, Earthworks and LabourStart are challenging the world’s biggest jewelry retailer Signet Jewelers Ltd. to demand that its major diamond and...
Fair Trade Feb 06, 2015 Earthworks
Rockwell's Three Acquired Alluvial Properties to Enhance Production
Rockwell Diamonds Inc. conditionally agreed to acquire three alluvial diamond properties, and an associated plant and equipment, from Bondeo 140 CC and its affiliates in an effort to extend its footprint across the Middle Orange River...
Mining Feb 06, 2015 Jeff Miller
true north gems
True North Opens Transport Route From Outer Port to Camp
True North Gems Inc. completed several first-stage construction projects at the Aappaluttoq mine site in southwestern Greenland, including a 5-kilometer transportation route from the outer port to base camp; the foundations for the recreation...
Mining Jan 29, 2015 Jeff Miller
Ekati Mine
Dominion Diamond Completes Prefeasibility Study on the Jay Project
Dominion Diamond Corporation completed a prefeasibility study on its Jay kimberlite pipe deposit, which is located within the buffer-zone joint-venture property of the Ekati diamond mine in Canada’s Northwest Territories. The study evaluated Jay as a standalone...
Mining Jan 27, 2015 Jeff Miller
Lucapa Receives $15M Bridge Financing
Lucapa Diamond Company Ltd. secured a $15 million bridge financing facility for the Lulo diamond concession in Angola. The 12-month financing bridge is subject to the satisfactory completion of due diligence, investment approvals, security and...
Financial-Legal Jan 23, 2015 Jeff Miller
Diavik Mine
Diavik's 4Q Diamond Production -25%
The Diavik diamond mine's production dropped 25 percent year on year to 1.54 million carats in the fourth quarter that ended on December 31. Diamond recovery weakened as a result of lower realized grades in all three ore bodies...
Mining Jan 19, 2015 Jeff Miller
gahcho kue
Mountain Province Diamonds Updates Status on Term Loan Facility
Mountain Province Diamonds Inc. confirmed that it continues to move toward arranging its previously announced $370 million term-loan facility. Finalizing the funds is subject to customary conditions, including final credit approval and an agreement on documentation,...
Financial-Legal Jan 09, 2015 Jeff Miller
Rockwell to Purchase Alluvial Properties From Bondeo and Affiliates
Rockwell Diamonds Inc. entered into a conditional agreement to acquire alluvial diamond properties and associated equipment from Bondeo 140 CC and its affiliates for $28.5 million (ZAR 284.2 million). The assets are contiguous...
Mining Jan 06, 2015 Jeff Miller
true north gems
True North to Update Aappaluttoq Ruby Project's Pre-Feasibility Study
True North Gems Inc. engaged TetraTech EBA of Vancouver, Canada to update the pre-feasibility study for its Aappaluttoq ruby and pink sapphire project in southwest Greenland. TetraTech is expected to release a revised technical report during...
Mining Jan 06, 2015 Jeff Miller
star orion
Shore Gold Closes $5M Private Placement
Shore Gold Inc. closed a private placement, on a bought-deal basis, of 21,906,700 flow-through common shares for gross proceeds of $5,476,675. Canaccord Genuity Corp., together with Mackie Research Capital Corporation, acted as underwriters. The proceeds from...
Financial-Legal Dec 30, 2014 Jeff Miller
Lukoil Targets Production of 2 Million Carats in 2015
Lukoil, which began diamond mining operations in June at the Grib open-pit mine in Arkhangelsk, expects to increase production in 2015 by about 40 percent year on year to 2 million carats, according to the Interfax news agency. Lukoil stated in September...
Mining Dec 29, 2014 Jeff Miller
Diamcor production
Diamcor to Raise $3M in Private Placement
Diamcor Mining Inc. intends to complete a private placement on a brokered and non-brokered basis of up to 3 million units at a price of 86 cents (CAD 1) each for gross proceeds of up to $2.6 million (CAD 3 million). Each unit will consist of one common...
Financial-Legal Dec 24, 2014 Jeff Miller
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