Vice-president becomes acting president.
In its first ever public report on the state of the diamond industry, diamond miner and retailer De Beers paints a picture of an industry that will likely struggle to meet future demand while also facing increasing competition from other luxury…
But new report by De Beers cautions that declining production could see the industry lose ground to other categories.
Coffin believes that in the short term a price of $1,200/oz is possible, though there is room now for an oversold bounce.
Diamond, graphite and silicon carbide to name a few.
Kennady Diamonds Inc. controls 100 percent of the Kennady North diamond project located immediately to the north, west and south of the Gahcho Kué diamond mine currently under development by De Beers and Mountain Province Diamonds.
Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.
Company says the agreement will provide additional resources to transition quickly into the construction phase of the project.
Platinum and gold sectors among the worst performers due to labour strikes that cripple the industry early this year.
Productivity, followed by capital decisions and obtaining a social license to operate, are among the top risks global mining and metals companies face.
The essence of a term contract is that the price is being set in the spot market. Now this poses a question for price discovery mechanism – is the spot market an accurate reflection of the total market preferences?
The game of interaction between buyers and sellers of the diamond market is peculiar and inefficient.
Analysts predict could fetch between $10 million to $16 million.
Diamond deposits, in the words of one senior geologist, are like pigeons. Where you find one, you're likely to find an entire flock.
First international conference about geosynthetics in mining begins Monday.
A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.
The Namibia Diamond Trading Co, a joint venture with De Beers, lays charge of theft of the 78-carat stone which could be worth up to $6 million.
There's a history there of course. Just ask Mick Davis.
The last 3 years have seen a meltdown in the TSX-V share values that brought it right back to where it started almost 10 years ago.
The prime minister of the tiny African nation fled the country over the weekend after what he called a military coup.
Let’s talk diamonds for a change.
The “Blue Moon" will go on public display in three weeks' time in Los Angeles, California.
Capital raising for exploration up more than 32%.
The Israel Diamond Exchange quotes continuing tensions in the region as chief reason.
The Canadian company is trying to grow its share of the North West Territories diamonds pie.
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