Moody's upgrades Alrosa credit, praising Russian firm's low-cost reserve base, technical mining expertise, solid liquidity and conservative financial policy.
Diamond Mining News
Despite the dilemmas in recent years, which continue to persist, emerging trends in the mining industry may offer solutions — or at least opportunities for improvement industry-wide.
The famous De Beers office at Charterhouse St., adjacent to the Hatton Garden diamond district, is one of the assets Anglo is considering to sell to cut its debt burden.
Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.
Full voting results will be released on Friday.
The stone, still in its original Art Deco setting, was expected to fetch up to $35 million.
The gem has been at the centre of a diplomatic row between India and the UK, with New Delhi arguing for decades that it should get it back.
Jade mining now a $30 million industry in B.C. and local producer plans to increase production by 50% this season
Afghanistan has reserves of coal, copper, iron ore, zinc, mercury, rare earths, gems such as rubies and emeralds, gold and silver worth about $3 trillion.
The Russian firm, which together with De Beers controls almost two-thirds of the diamond market, is being prepped for privatization.
The miner lost $11.6 million in the fiscal 2016, compared to a profit of $170.3 million in 2015.
Gren shares the story of his part of the discovery of diamonds in Canada which has led to a billion dollar business.
The 10 diamonds, found at the Karowe mine in Botswana, were sold for gross revenues of $33,632 per carat.
Diamond Foundry first crossed my radar in November of 2015, when Leonardo DiCaprio tweeted that he was proud to be an investor in the company.
Based on comparable widths and grades, Dunnedin Ventures' Kahuna project has similarities with DeBeers’ Snap Lake.
Estimated to cover the nearly 2,000 natural resource companies whose businesses are registered in Canada or trade on Toronto’s stock exchange.
Fewer than 3,800 Grauer gorillas still live in the wild, down from 17,000 in 1998 due mainly to illegal mining for coltan and other minerals, a report shows.
This second draft of the Standard for Responsible Mining reflects the input from over 1400 points of comment contributed by more than 70 organizations and individuals worldwide, including industry and technical experts.
This diamond was the target of an attempted multi-million pound robbery in November 2000, which was foiled by the Metropolitan Police.
If you don’t mind frost and cost.
The largest ever blue diamond will go under Christie's hammer in May.
KP Chair, Ahmed Bin Sulayem was hosted by Philippe Mellier, Chief Executive Officer of DeBeers at their Charterhouse Street Headquarters in London on 24 March.
A DIAMOND mining company has until April 8 to challenge an interdict against it for mining in an archaeological site that goes back 3.2-million years.
Company President Andrey Zharkov signed an order to give to the fact of a gem-quality diamond extraction the name Mothers of Russia.
The 68.1-carat gem-quality diamond is one eight 'significant' rocks found from trial mining at a new area of the Lulo concession.