De Beers’ Victor mine closing doors in 2019

Having trouble viewing this email?  View online Diamond News Digest Wednesday 8 November 2017 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver De Beers' Victor mine closing doors in 2019 Firm has determined it's not economically viable to extend the life of the diamond mine, which can only be accessed by air year round, or by a winter road for five or six weeks in January and February. read » India's NMDC joins the race for $9bn diamond project Indian diamonds are known for their quality, particularly those from the ancient Golconda mines, famous for producing a rare kind of extremely clear gem. read » Canadian junior miners worth jumps for second year in a row Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole. read » Lucara Diamond readies for $195 million expansion of Karowe mine Results of a preliminary economic assessment have revealed the potential for the development of an underground mine at the company's mine in Botswana. read » Solid demand for large stones boosts Gem Diamonds sales The company has found six diamonds larger than 100 carats in the first nine months of the year, compared with just four throughout 2016. read » Former Gemfields exc.-led firm grabs Coscuez emerald mine in Colombia Fura Gems aims to resume production at the mine within six months of the deal closure. read » Petra Diamonds revenue takes hit from Tanzania crackdown Petra Diamonds Ltd's first quarter revenue fell by 17 percent after Tanzanian government last month seized consignment of diamonds from its Williamson mine. read » Alrosa has just unearthed another large yellow diamond, hits annual record of massive findings With the newly unearthed 34.17-carat diamond, Alrosa has hit an annual record in the number of large fancy-coloured stones found at its operations. read » Proceeds from massive diamond found by pastor to go to Sierra Leone's poorest Over 50% of the proceeds will be used to fund clean water, electricity, school, medical facilities, bridges and roads, none of which are currently available in the village of Koryardu, where the diamond was found. read » De Beers latest diamond sale the worst in almost two years The world's largest diamond producer by value offered less precious stones, in line with its policy of trying to match sales to demand. read » Stellar Diamonds soars on $1.25 million-sale of Guinea assets Deal allows the Stellar to focus on its bigger Tongo-Tonguma project in Sierra Leone, which would be the country's second largest diamond mine ever. read » Move over gold, diamonds may become one of the greatest safe-havens The Singapore Diamond Investment Exchange (SDIX) has launched a new investment-grade, standardized diamond product to rival gold as a safe-haven asset. read » Massive diamond found by Sierra Leone pastor now for sale in Antwerp The 709-carat rock is the second-largest ever found in the West African nation. read » 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 » Alrosa sold large rough diamonds worth $9 million at an auction in Vladivostok Alrosa took stock of the international auction for special-size rough diamonds weighing 10.8 carats and more, held on the territory of the Eurasian Diamond Centre (The EDC) in Vladivostok. read » The best diamonds in the world are buried at the bottom of the Atlantic Ocean The best diamonds in the world come from the sea. read » ALROSA to auction large rough diamonds in Vladivostok Results will be announced on October 30. read » Namibia's economy to grow faster in 2017 as mining bounces back The country's mining sector is emerging from years of contraction and the impact of recent severe drought eases, the finance minister said on Thursday. read » Iconic Australian jeweller showcases $100 million collection of coloured diamond jewellery The largest collection of exquisite fancy coloured diamonds and diamond jewellery ever publicly exhibited in the Southern Hemisphere is being showcased across Australia by iconic Australian jeweller Linneys. read » ALROSA starts removing ore from Verkhne-Munskoe deposit There are plans to remove a total of 75,000 tons of ore from the new deposit before the end of the year. 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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