As the diamond sector is in crisis and Petra Diamonds (PDL.L) needs to figure out how to refinance the $650M in debt (senior notes due in 2022), the company has […]
Tag: #Diamonds
Lucapa Diamond sells US$7.3M worth of diamonds YTD
Lucapa Diamond (ASX:LOM) (not to be confused with Lucara Diamond) has sold 7,008 carats of rough diamonds at an auction in Antwerp for a total of US$3.5M, including some diamonds […]
Brixton Metals drills kimberlite at Langis, raises money to focus on the Atlin Gold camp in 2019
Brixton Metals (BBB.V) has successfully completed a drill program on the kimberlite target at its Langis project in Ontario, as 10 of the 11 holes effectively contained kimberlite. The current […]
Stornoway Diamond improved its mine plan at Renard
Stornoway Diamond (SWY.TO) has released a new mine plan for its diamond mine in Canada. There is a 25% increase in the probable mineral reserves which increases the total resources […]
Lucara Diamond Corp continues to surprise the world
Lucara Diamond (LUC.TO) was able to remove the bad after-taste after a relatively disappointing exceptional stone tender which didn’t bring in quite as much cash as we had been hoping […]
Lucara’s Second half of the year will be better than the first
Lucara Diamond (LUC.TO) has reported its earnings in May. We warned investors that the financial result in the first quarter of this year might be a bit disappointing, as there […]
Lucara Diamond continues to perform strong and should be trading higher
Lucara Diamond Corp (LUC.TO) has had an excellent 2014 as it recorded $266M in revenue from the sale of in excess of 400,000 carats. In excess of half of the […]
Stornoway Diamond will be able to add a large diamond recovery circuit at no additional cost
Stornoway Diamond (SWY.TO) which is currently building its Renard diamond project in Canada, has announced a positive update on this project. The ongoing plant engineering has indicated sufficient design efficiencies […]
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