De Beers, Botswana expand world's richest diamond mine

Having trouble viewing this email?  View online Diamond News Digest Wednesday 2 May 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver De Beers, Botswana seek fresh expansion of world's richest diamond mine Debswana, the joint venture between De Beers and the Botswana's government, is seeking permission to deepen the Jwaneng mine to 830 meters. read » Botswana Diamonds, Vast Resources team up to explore in Zimbabwe The two companies will exchange past exploration information on areas prospective for diamonds in Zimbabwe and form a jointly-owned special purpose vehicle to develop and exploit diamond resources. read » Halted Botswana diamond mine to be sold at online auction The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it was placed under judicial management last year. read » Lucara recovers another big diamond in Botswana The rock weighed 327 carats and it is a top white gem diamond. read » Sale of 910-carat rock boosts Gem Diamonds revenue, stone prices The company's revenue jumped a whopping 174% in the first quarter of the year thanks to strong demand for its rough rocks and the sale of a 910-carat diamond, the fifth-largest ever found. read » Pangolin finds first diamond at Jwaneng project in Botswana Project is located about 100 km south of Jwaneng, the world's richest diamond mine. read » Caterpillar results prove global economy in good shape The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations. read » Gemfields talks up 'responsibility' amid lawsuit over alleged human rights abuses The UK miner, which is the world's top coloured gems producer, is also adopting a new technology to further drive transparency in the sector. read » Petra Diamonds rallies on revenue growth, record output Revenue for the quarter ended March 31 climbed 44% to $172 million, while production jumped 20% to a record quarterly volume of 1,194,947 carats. read » Blue diamond ring breaks world record The gem's final price nearly tripled Sotheby's pre-sale estimate. read » World's top diamond producer first-quarter output hit by mine accident Alrosa's production fell by 17% in the first three months of the year mainly due to the halt of its Mir underground mine and lower-grade ores processed from the Jubilee pipe. read » De Beers launches Sierra Leone-based pilot to remove 'conflict diamonds' from the market The world's top diamond miner will train artisanal and small-scale miners and provide them with tablets as well as a diamond "toolkit" to digitally track their stones throughout the supply chain. read » Diamonds confirm existence of planetary "embryo" A planetary "embryo" gave origin to the meteorite fragments that form the Almahata Sitta collection. read » Diamonds are a Canadian miner's best friends in Finland Arctic Star reports positive results from The Timantti Diamond project. read » Lucara recovers 472 carat diamond, third largest ever for Karowe Recovered from the Karowe Diamond Mine located in Botswana. read » Why diamond trading slowed down in March Rapaport expects polished trading to continue slowing in the coming months. read » Private capital flowing into mining on track for record year The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018. read » This historic blue diamond is expected to fetch up to $5.3 million The Farnese Blue, passed down through European royalty, goes on sale for first time as part of a Sotheby's auction to be held in Geneva, on May 15. read » Jewelry companies team up with IBM on blockchain platform Gold and diamond companies joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced. read » Namibia may scrap black ownership requirements for mining companies – minister Namibia may scrap requirements for black ownership in mining as it seeks to woo investors to an industry that is rebounding with the commodities cycle. read » Mining firms from China to Canada watch as Greenland holds election China already actively seeking opportunities. read » Zimbabwe's parliament orders Mugabe to answer questions over diamonds Former leader Robert Mugabe will have to answer questions next month about whether the state was deprived of $15 billion in diamond revenue. read » De Beers is said to lift diamond prices for second straight sale The company raised prices a similar amount in its previous sale at the end of February. read » Mining industry must improve human rights, environment protection — index The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that produce 25 percent of mined commodities, from gold to copper and coal, operating in more than 40 countries. read » Flawless white diamonds, among largest ever offered, to go on sale Two flawless white diamonds each weighing in at more than 50 carats are expected to fetch more than $15 million when Sotheby's auctions them in May. read » ALROSA and AWDC signed a new cooperation agreement The agreement continues positive cooperation experience between the parties and expands bilateral interaction in line with new challenges of the market. read » Petra Diamonds secures new debt agreements with lenders Petra Diamonds said it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements. read » Russia's Alrosa says diamonds sales at $559.5 mln in March Alrosa's total diamond sales in the first quarter 2018 amounted to $1.606 billion, the company said. 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. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Diamond News Digest". You mayunsubscribe at any time. The information contained in “Diamond News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Diamond News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.