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Rapaport Illustrates the Importance of 'The Last 18 Inches'
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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
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 August 14 at 4 p.m. Aug. 14 Aug. 7 Chng. $1 = Euro 0.748 0.748 0.000 $1 = Rupee 60.92 61.52 -0.6...
Financial-Legal Aug 14, 2014 Rapaport News
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
diavik
Diavik Scholarship Fund Awards Four Students
Diavik Diamond Mines and the Yellowknife Community Foundation announce the recipients of the 2014 Diavik Communities Scholarship Fund. In 2013, the fund began with an initial amount of $25,000, which is administered by the Yellowknife Community...
Marketing Aug 01, 2014 Jeff Miller
Duas Barras Diamond Recovery Plant
Brazil Minerals Expands Management Team
Brazil Minerals Inc. added three professionals to its management team. Carlos Henrique de Oliveira Garcia joined the diamond and gold mining company as manager and Armando Franz Netto Soares joined as and associate. Both...
Mining Jul 25, 2014 Jeff Miller
Trans Hex Operation
Trans Hex Sells Pioneer Minerals for $3M
The Trans Hex Group agreed to sell its 100 percent interest in subsidiary Pioneer Minerals Ltd. for about $3.3 million (ZAR 35 million) to Bondeo 140 CC. The deal marks a final step in Trans Hex's...
Mining Jul 22, 2014 Jeff Miller
gahcho kue
Gahcho Kué Signs Benefit Agreement With Lutsel K’e Dene First Nation
De Beers Canada Inc., Mountain Province Diamonds and the Lutsel K’e Dene First Nation entered into an impact benefit agreement for the proposed Gahcho Kué diamond mine. De Beers is the operator of the project...
Mining Jul 18, 2014 Jeff Miller
Argyle Mine
Rio Tinto's Diamond Production -7% in 2Q
Rio Tinto’s diamond production fell 7 percent year on year to 3.832 million carats in the second quarter that ended on June 30, 2014. Diamond production from the company's Argyle mine in Australia fell 21 percent to 2.459...
Rough Markets Jul 15, 2014 Jeff Miller
Duas Barras Diamond Recovery Plant
Brazil Minerals Joins List of Top 200 Mines
Brazil Minerals Inc. reported that its diamond and gold mining subsidiary, Mineração Duas Barras Ltda (Duas Barras), is being added to the list of the Top 200 Mines in Brazil. The ranking, compiled by Revista...
Marketing Jul 15, 2014 Jeff Miller
court
Judge Sentences CMKM Stock Trader to Four Years in Prison
U.S. District Judge Larry R. Hicks sentenced Marco Glisson of Miami, Florida to four years in prison for conspiring to offer and sell unregistered securities of CMKM Diamonds Inc., as well as for tax evasion, and the court...
Financial-Legal Jul 14, 2014 Jeff Miller
Rockwell Diamonds
Rockwell Diamonds Reports 1Q Profit
Rockwell Diamonds Inc. reported a profit of $345,000 in the first quarter that ended on May 31 compared with a loss of $1.2 million one year ago. Revenue rose 67 percent year on year to $15.1 million, with $9.7 million...
Financial-Legal Jul 11, 2014 Jeff Miller
De Beers Diamond Sorting
De Beers Completes Empowerment Requirement With Ponahalo Holdings
De Beers completed its black empowerment mandate under the South African Mining Charter for both itsdiamond miningand its diamond trading businesses. The deadline to comply with the state requirement comes at the close...
Mining Jul 09, 2014 Jeff Miller
renard
Stornoway Diamond Closes $886M Renard Financing Deal
Stornoway Diamond Corporation closed its financing transactions with Orion Mine Finance, Diaquem Inc. and Ressources Quebec, which are wholly-owned subsidiaries of Investissement Quebec, and the Caisse de depot et placement du Quebec for all...
Mining Jul 08, 2014 Jeff Miller
North Arrow
North Arrow Sends Pikoo Till Samples for Processing
North Arrow Minerals Inc. completed its planned till sampling at the Pikoo diamond project in central-eastern Saskatchewan, Canada. North Arrow collected 441 till samples in June, which was a follow-up program to the discovery of diamond...
Mining Jul 07, 2014 Jeff Miller
Martin Rapaport JCK 2014
Rapaport Illustrates the Importance of 'The Last 18 Inches'
Martin Rapaport's annual "State of the Diamond Industry" presentation provides strategic insights that jewelers need to understand the outlook for demand and supply, as well as a forecast of diamond prices going into the Christmas season....
Retail Jul 01, 2014 Rapaport News
ALROSA's Udachniy mine
ALROSA Begins Operations at Udachny Underground Mine
ALROSA commissioned its Udachny underground mine today and the mining giant anticipates that the operation will eventually become the largest underground diamond mine in Russia and one of the largest in the world....
Mining Jun 27, 2014 Jeff Miller
Fair Trade Conference Panelists
Guiding Principles
The annual Rapaport Fair Trade Conference that took place in Las Vegas in June sought to develop a broad set of values that would promote greater corporate social responsibility (CSR) across the jewelry supply chain....
Fair Trade Jun 27, 2014 Rapaport News
Rockwell
Rockwell Diamonds' 1Q Sales +15%, Production +90%
Rockwell Diamonds reported that rough sales rose 15 percent year on year to $8.76 million for the first quarter that ended on May 31. The company sold 6,677 carats, an increase of 34 percent from one year...
Mining Jun 26, 2014 Jeff Miller
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