Firestone Diamonds soars on largest find to date at Lesotho mine

Having trouble viewing this email?  View online Diamond News Digest Wednesday 4 October 2017 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Firestone Diamonds soars on largest find to date at Lesotho mine It's a 134 carat gem-quality light yellow diamond recovered at the company's its Liqhobong mine. read » Botswana Diamonds soars on promising find at South African project Sampling work at Ontevreden, part of the Vutomi joint venture, seems to prove the presence of high-grade kimberlite pipes. read » Petra Diamonds' shares sparkle as its solves labour disputes in South Africa Company reached wage agreement with the main union at two of its mines in South Africa. Workers will return to work on Friday. read » World's 'most beautiful diamond' to go under Christie's hammer Discovered in February last year in eastern Angola, the 404.20-carat rough diamond was also the largest found so far in the southern African country. read » How iron carbonates help form diamonds Scientists say that under the peculiar conditions present deep in the Earth's mantle, iron carbonates can play a role in forming diamonds. read » Petra jumps on Tanzania letting it resume diamond exports Stock closed 12.2% higher at 64.80p, after it had fallen on Tuesday to its lowest since late 2015. read » Lucara sells world's second-largest diamond for $53 million London-based Graff Diamonds paid nearly $47,777 per carat read » Brazil's president revokes decree allowing mining in Amazon It would have opened up for mining a vast national reserve in the country's Amazon, larger than the size of Switzerland. read » This gigantic pink diamond is likely the most expensive Alrosa has ever found Russian miner is currently trying to decide on whether to sell the 27.85-carat rock as a rough diamond, or cut and polish it. read » Indian billionaire Agarwal to be Anglo American's top shareholder He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares. read » Washington buys Dominion Diamond for $1.2bn as investors ok sale Transaction gives the US-based buyer full ownership of Canada's Ekati diamond mine and a 40% stake in Diavik, which is operated by Rio Tinto. read » South Africa labour disputes drag Petra Diamonds shares down Shares in the diamond miner fell for a second consecutive day after it warned that two of its South african mines had been affected by strikes. read » Gem Diamonds finds another huge diamond at Lesotho mine Finding follows the recovery of five other diamonds of over 100 carats so far this year at the company's flagship Letšeng mine, in Lesotho. read » Petra Diamonds may breach debt covenants on troubles in Tanzania The Africa-focused diamond miner said that would likely happen unless it solves its issues with the government of Tanzania. read » Rio Tinto's chief financial officer Chris Lynch to retire in 2018 He joined the company's board in September 2011 and was appointed chief financial officer in April 2013. read » Zimbabwe diamonds backing country's secret police — report International watchdog group Global Witness says political elites and security forces have controlled and secretly exploited Zimbabwe's diamond sector for over a decade. read » Petra Diamonds shares crater after Tanzania seizes $15 million shipment The diamond miner also had to halt operations at its Williamson mine as several key employees are being questioned by local authorities. read » PEA extends Ekati minelife by 7 years to 2042 A preliminary economic assessment (PEA) of the Ekati mine in Canada's Northwest Territories has the iconic diamond operation staying open seven more years. read » Tanzania kicks off probe into Petra Diamonds contract, orders officials to resign President John Magufuli has asked for a review of a local contract belonging to Petra Diamonds and ordered senior officials to resign over the outcome of a probe into the diamond and tanzanite sector. read » App uses augmented reality to help diamond buyers People can now try on different engagement rings from anywhere in the world using augmented reality read » Investors wary as Tanzania moves to assert more control over mines New laws and a crackdown on mining firms in Tanzania has slowed fresh investment in what has long been seen as one of Africa's brightest mining prospects read » Stellar Diamonds pays for the Tongo environmental licence Stellar Diamonds plc, the London listed diamond development company focused on West Africa, announces that it has paid US$150,240 to the Sierra Leone Environmental Agency for the Tongo Environmental Licence. read » South African workers union to strike at Petra Diamonds' Koffiefontein mine The National Union of Mineworkers said on Thursday its members would go on an indefinite strike at the mine over wages, benefits. read » Tanzania orders wall built around tanzanite mines, purchases of stones President John Magufuli also directed the central bank to buy the precious stone to boost reserves — the latest twist in a spat with mining firms over alleged tax evasion. read » Discovery of newsworthy diamonds picks up Over the last nine years 66 record-breaking and other noteworthy diamonds were recovered, and 61 of those have been found within the last five years. read » De Beers laying the foundations for gender equality Katie Fergusson: "As Head of Social Impact, I feel privileged to be leading De Beers Group's work on women and girls empowerment, including on diversity and inclusion." read » De Beers partners with UN to empower women in its diamond producing countries It will invest US$3 million to advance the prospects of women and girls by addressing key priority areas. read » Stellar Diamonds seeks to fund first post-Ebola mine in Sierra Leone The operation would be second biggest diamond mine in Sierra Leone. read » Read more Diamond news on MINING.com » Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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