Company called Pallinghurst Resources' bid “derisory”, adding it "clearly undervalues" the firm.
Diamond Mining News
The rock, a 5.36-carat green gem quality octahedron rough diamond, was unearthed at the company's Krone-Endora project, located next to the world’s third largest diamond mine.
The a 3.48 carat round brilliant, mined, cut and polished in Namibia, that now bears a ‘2,000,000’ imprinting.
PJSC ALROSA, the world leader in diamond mining, will participate in the development of a new diamond deposit in Angola.
The project, called Misery Deep, will require an investment of $6 million in 2018, $69 million in 2019 and $19 million in 2020.
The workers’ contracts were terminated following a 2016 official order to halt all mining in Chiadzwa.
The owner had no idea if the ring had any intrinsic value at all.
Dominion Diamond Corporation today provided an update on its renewed strategic focus on greenfield exploration activities at the Ekati Diamond Mine, Diavik Diamond Mine and other properties in the Lac de Gras region in the Northwest Territories in Canada.
The 92-carat diamond forms the centerpiece of a necklace of cultured pearls.
The pilot auction, scheduled for June 29, will include a wide range of polished stones manufactured directly from the company’s own rough diamonds.
Only last year CAR was allowed to resume diamond exports after a three-year ban that tried preventing armed groups from financing a bloody inter-religious conflict.
The world’s largest rough diamond producer by value said, however, it continues to see steady demand.
The 373.7-carat diamond, sold during the Vancouver-based miner’s $54.8 million recent tender, was one of 15 large and high value diamonds offered by the company.
Here are the top 10 diamond mines in terms of output in carats and value.
Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.
Diamonds – and especially the fancy colored stones – continue to hold investors in thrall, and auction houses are ensuring the fascination endures with sales featuring some stunning selections.
De Beers Group today announced it is leading a ground-breaking research project that aims to deliver carbon-neutral mining at some of the company’s operations in as few as five years.
De Beers Group increased returns to governments, communities, supply chain partners and its joint venture partners by 26 per cent to US$5 billion in 2016, according to its latest Report to Society, published today.
The D-colour Type-II diamond is one of the highest-quality stones to come out of the company’s Letšeng mine.
Quarterly revenues were about half of the revenues posted in the year-ago quarter.
The top 10 largest mines in the world by value produced are estimated to represent 58% of global production.
Industrial and precious metals, coal, oil, as well as natural gas, collectively accounted for just 6.2% of foreign direct investment into the continent last year.
The net proceeds of the private placement will be used for general working capital and to fund the continued evaluation of North Arrow’s Canadian diamond exploration properties.
Deal creates one of the largest diamond mines in West Africa.
The Africa-focused diamond producer aims to recover 300,000 carats from its Liqhobong mine by the end of the financial year.