Read More Feature Articles

Videos

Company News

Brazil Minerals Expands Management Team in Brazil

Brazil Minerals Expands Management Team in Brazil

Brazil Minerals Inc. (OTCQB:BMIX) has expanded its management team in Brazil in order to accomodate for the company's operational growth. The additions bring a wealth of experience including management skills, experience in operations and experience in finance and administration.

North Arrow Drills For New Discovery, Lac De Gras

North Arrow Drills For New Discovery, Lac De Gras

North Arrow Minerals (TSXV:NAR) will commence its first drill program with partner Arctic Star Exploration at its Redemption project. The project is located in the Lac De Gras diamond district, which currently hosts three of the world's largest diamond mines.

Dominion Diamond Updates Mine Plan for Ekati

Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) released an updated mine plan for the Ekati diamond mine that includes "current estimates for anticipated annual production by pipe, with associated operating costs and capital costs."

ALROSA Reports Lower Q2 Production

Reuters reported that Russia's ALROSA (MCX:ALNU) said its output for 2014's second quarter was 16 percent below its production in the year-ago quarter. In total, it put out 8 million carats.

Read More Company News

Company Videos

An Update from North Arrow Minerals CEO Kenneth Armstrong

North Arrow Minerals Inc. (TSXV:NAR) CEO Kenneth Armstrong spoke to Resource Investing News at the Canadian Investor Conference in Vancouver about the Company’s busy remainder of 2014, starting with bulk sampling in the Qilalugaq project in Nunavut, a month-long till sampling at the Pikoo Diamond Project in central eastern Saskatchewan, and a drill program in the Lac de Gras Project in the Northwest Territories.

INN Video: Ken Armstrong of North Arrow Minerals

North Arrow Minerals Inc. (TSXV:NAR) President and CEO, Ken Armstrong, spoke to Resource Investing News on how they have restructured the Company to be focused on diamond exploration in Canada.

Market News

Global Diamond Production Value Hits $14.09 Billion in 2013

Rapaport reported that in 2013, the value of global diamond production rose 11 percent from the previous year, hitting $14.09 billion. The increase was largely to due to higher average prices for rough diamonds.

Israeli Diamond Market Transparency Increasing

The Times of Israel reported that as a result of regulations that went into effect this week, Israeli diamond dealers are now "not allowed to accept more than NIS 75,000 ($21,000) in cash for a precious stone from retail customers."

Rapaport Predicts Slow Q3 for Diamond Industry

Rapaport reported that during the second quarter of 2014, the RapNet Diamond Index for 1-carat diamonds softened. And, unfortunately for gem lovers, "things will likely get worse before they get better."

Namibia May Sell Diamonds Outside De Beers Joint Venture

Bloomberg reported that the government of Namibia is setting up a company to sell some of the diamonds mined by Namdeb Diamond Corp., a joint venture it owns equally with Anglo American plc's (LSE:AAL) De Beers unit.

Read More Market News

Authors

See all Authors