De Beers sales show steady rebound in diamond market
De Beers, the world’s largest diamond producer by value, said today that it had sold about US$515 million worth of rough diamonds during its latest event, making it the biggest sale…
Diamond
Gem Diamonds sells Botswana unit for US$4 million
Africa-focused Gem Diamonds (LSE: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LSE: VAST) and Botswana Diamonds (LSE: BOD), for only US$4 million. Okwa Diamond’s main target…
North Arrow collects Naujaat bulk sample to test for fancy coloured diamonds
North Arrow Minerals (TSXV: NAR) has completed a 2,000-tonne bulk sample from its Naujaat diamond project in Nunavut, a key step toward discovering if the project has enough fancy coloured…
Rio Tinto sells last diamonds from iconic Argyle
Mining at Argyle, which accounted for 90% of worldwide pink diamond production, ended in November 2020.
Expansion of Lucara’s Karowe mine to take longer and cost more
Canada’s Lucara Diamond (TSX: LUC) has adjusted the cost and timeline of the underground expansion of its Karowe mine in Botswana, one of the world’s most prolific sources of large, high value type IIA diamonds. The company now expects to achieve 75%…
Mountain Province bounces back as diamond demand returns
Mountain Province Diamonds (TSX: MPV; US-OTC: MPVD) saw profit jump in the second quarter of the year as consumer demand for precious stones returned and Covid-19 cases dropped at its…
Lucara digs up 393 carat diamond at Karowe
Lucara Diamond (TSX: LUC) has recovered a 393 carat diamond from its company’s Karowe mine in Botswana, the seventh stone greater than 300 carats dug up at the operation so far this year. …
What a “Joy” — Lucara finds largest fancy pink diamond yet
Canada’s Lucara Diamond (TSX: LUC) has found a 62.7 carat fancy pink diamond at its prolific Karowe mine in Botswana, which has been named “Boitumelo” meaning “Joy” in Setswana, the national and majority language….
Petra fetches over US$40 million for 39-carat blue diamond
At $1,021,357 per carat, is the highest price has achieved for a single stone.
Lucara Diamond announces $38 million financing for Karowe in Botswana
Lucara Diamond (TSX: LUC) is raising $22 million in a bought deal financing to advance work at its 100%-owned Karowe diamond mine in central Botswana, about 350 km north of the…
Canada’s Top Ten royalty and streaming companies
Royalty and streaming companies have grown in number and popularity over the years. Here are the top ten royalty and streaming companies headquartered in Canada ranked by market capitalisation as…
UPDATE: One of only four 1,000 carat-plus diamonds ever found dug up in Botswana
Debswana Diamond, a joint venture between De Beers and the government of Botswana, has found a 1,098-carat stone, one of only four rocks over 1,000 carats ever unearthed, and the…