A Vancouver native, Charlotte recently graduated from Simon Fraser University, where she majored in English and Humanities. During her time there, SFU’s Writing and Communications program caught her attention, and she began working towards a Certificate in Editing. After completing an editorial internship at Vancouver’s Western Living magazine in the fall of 2010, she knew that she wanted to pursue editing further.
Charlotte is excited to have joined the Investing News Network as an editorial assistant, and looks forward to gaining more knowledge about the commodities sector. She plans to complete her certificate in the spring of 2013.
The Telegraph reported that at its annual Argyle Pink Diamonds Tender, Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) will put the 1.56-carat Argyle Phoenix, the largest red diamond ever produced by its Australia-based Argyle mine, up for sale.
Bloomberg reported that the price of diamonds will rise 6 percent per year until 2020 as output fails to meet increased demand from China and India, according to BMO Capital Markets.
Forbes reported that Harry Winston Inc. paid over $26.7 million for a 101.73-carat, pear-shaped flawless diamond at Christie’s Geneva-based Magnificent Jewels sale, a record price for a colorless diamond.
Reuters reported that Russia’s Alrosa (MCX:ALNU) is planning a share sale for October or November of this year that could place the value of the business at up to $15 billion and raise “hundreds of millions of roubles” for local and national government owners.
North Arrow Minerals Inc. (TSXV:NAR) announced that it has filed on SEDAR a NI 43-101 technical report that confirms that the mineral resource estimate for the Q1-4 kimberlite, located at the Nunavut-based Qilalugaq diamond project, is 26.1 million carats. The company has the option to earn an 80-percent interest in the project from Stornoway Diamond Corp. (TSX:SWY).
The Independent reported that experts believe that the largest flawless diamond ever auctioned, which is pear shaped and clocks in at 101.73 carats, will sell for 20 million pounds at the Magnificent Jewels auction in Geneva. The auction will be held by Christie’s.
Pangolin Diamonds Corp. (TSXV:PAN) announced the discovery of its first kimberlite at its Botswana-based Tsabong North project. Based on the results, the company will drill two more holes.
Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) announced that its revised 2013 calendar year forecast for the Diavik diamond mine anticipates production of 6.6 million carats from the mining of 1.6 million metric tons (MT) of ore and the processing of 2 million MT of mined and stockpiled material.
The Wall Street Journal reported that the Kimberley Process has recommended a temporary embargo on the Central African Republic after a rebel coup occurred in the country in March. Alluvial diamonds are a main source of funding for the nation.
TMX Group Ltd. (TSX:X) announced that Diamond Fields International Ltd. TSX:DFI) has failed to meet the listing requirements of the TSX and as a result will be delisted.
