martes, 4 de diciembre de 2018

Stornoway Diamond's boss steps down

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Diamond News Digest
Wednesday 5 December 2018
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CEO Matt Mason will be replaced by chief operating officer Patrick Godin, who joined Stornoway in 2010 and was appointed to the board of directors in 2011.

Gahcho Kué is Canada's newest diamond mine and the world's largest in the last 14 years.

Economic growth in Yukon and Nunavut is expected to surpass the rest of Canada due to new mine construction.

Synthetic diamonds are cracking the consumer market largely thanks to millennials' evolving shopping tastes. But are they the right choice for you?

The Zimbabwean miner claims it has failed to receive $48m due in payments from the central bank for its sales in dollars, suffering losses of $44m due to lost production.

The company acquired the remaining 50% in the joint venture from its previous partner and said negotiations were already advanced with an unnamed potential new associate.

The world's largest diamond producer is said to have reduced prices for low-quality stones as much as 10 percent.

ALROSA's total diamond sales in January-October 2018 grew 6% YoY.

The 2018 collection of the finest pink, red and violet diamonds continued its trajectory of double-digit price growth.

Anglo American mines platinum, coal, diamonds and iron ore in South Africa.

The world's top diamond producer held six auctions this year in the Middle Eastern country.

News flow out of the diamond industry in 2018 has been dominated by the progression of lab-created diamond production, distribution and pricing dynamics.

Star Diamond Corporation announced that Rio Tinto Exploration Canada commenced an HQ core drilling program on 11 holes.

The diamond's age is estimated at 350 million years, it weighs 51.49 carats and measures 23 by 22 by 15 mm.

Balisi was appointed as Managing Director on 1 January 2014 and his leadership has seen Debswana record unprecedented performance across a number of business areas.

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