De Beers, Mountain Province go after Kennady Diamonds to expand joint mine

Having trouble viewing this email?  View online Diamond News Digest Wednesday 4 April 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver De Beers, Mountain Province go after Kennady Diamonds to expand joint Canadian mine The partners in Canada's Gahcho Kué mine, Mountain Province, said the planned acquisition opens up some potential new options for the operation's future. read » Murray & Roberts scores $313 million worth of new mining projects South African engineering and construction group, currently subject of a takeover bid from Germany's ATON, said projects were located in sub-Saharan Africa, North America and Australasia. read » Why tiny diamonds make a Vancouver miner happy "The recovery of micro-diamonds is extraordinary," said Lithoquest's President and CEO. read » Diamond miner in Nunavut digging for high-quality gems North Arrow Minerals wants to focus on finding high-value orange-yellow rocks. read » Exploration spending in Canada's poorest regions keeps sliding The Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, will see exploration investment to drop again in 2018, Natural Resources Canada says. read » How resource companies are using the blockchain The diamond business has been one of the first to embrace blockchain technology wholeheartedly. read » Diamonds and sapphires allow masers to operate continuously The microwave version of lasers could now be used more widely in a range of applications. read » Indian woman continues fight to repatriate blue diamond The blue Nassak, also called 'Eye of Lord Shiva,' is a 43.38-carat diamond. read » Royal blue diamond goes on sale With few exceptions, no one knew about this gem's existence. read » Fura Gems kicks off initial production at iconic Coscuez emerald mine Early output of 1,720 carats of emeralds, including 826 carats of top quality ones, was achieved through a bulk-sampling program carried out within eight weeks of the completing the acquisition of the mine read » Alrosa launches synthetics diamonds detector The portable machine screens polished diamonds and jewellery, identifying synthetics as well as treated stones. read » Zimbabwe changes majority black ownership for diamond, platinum mines The mpowerment laws now limit majority ownership by state miners only to the diamond and platinum sectors, as oppose to the entire mining sector. read » Gem Diamonds soars as it finds seventh giant rock this year It's a 169-carat, top white colour Type IIa rock diamond dug up at the company's flagship Letšeng mine in Lesotho. read » Fifth-largest gem quality diamond in history sold for $40 million Gem Diamonds found the 910-carat diamond, named "The Lesotho Legend," in January. read » Newfield acquires Stellar Diamonds for $23.6 million Under the deal, Newfield will lend Stellar $3 million to help it over its immediate short-term cash needs, while undertaking a right issue to raise A$30 million (roughly $23.6m) to re-finance the blended company. read » South African diamond provides new clues on Earth's internal processes A mineral usually found at depths of 700 km found ensconced within diamond near Earth's surface for the first time. read » Gem Diamonds on fire, finds sixth giant rock this year Latest discovery is a 152-carat, top white colour Type IIa diamond, dug up at the company's flagship Letšeng mine in Lesotho. read » Botswana's Debswana says expects further rise in diamond output Debswana expects growth this year as lower taxes in the US leave consumers with more to spend on luxury goods. read » The price of lab-created diamonds continues to fall The discount of gem-quality lab-created diamonds relative to natural diamonds has doubled from 11-20% a year ago to 28-40% today. read » Russian diamond company Alrosa posts 28% profit fall The average price of its gem-quality diamonds fell by 9% in 2017, it said, citing "changes in the product mix". read » Beny Steinmetz's mining firm BSGR enters administration to protect itself As well as facing legal action, BSGR, which denies any wrong-doing, is suing financier George Soros for $10 billion in damages over lost contracts. read » Villagers denounce irregular operations by the Zimbabwe Consolidated Diamond Company They say diamonds have become a curse instead of a blessing for those living in the Mutare West region. read » Global diamond supply expected to decrease this year Paul Zimnisky, an independent diamond industry analyst, estimates supply will fall 3.4% to 147 million carats. read » Thirty-three illegal miners arrested at abandoned site in South Africa According to the Chamber of Mines of South Africa, illegal miners in the country usually belong to organised crime syndicates. read » Forevermark builds presence in European markets following successful 2017 performance De Beers Group today announced that its Forevermark diamond brand will enter the German market for the first time after signing with an exclusive licensee partner, and is in advanced-stage discussions with potential partners in France and Italy. read » Moti doubles Zimbabwe investments as economy seen opening up Moti Group is preparing to double its investments in Zimbabwe to $500 million after the removal of Robert Mugabe as president in November. 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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