Mining Weekly reports that the Namibian diamond producer, Namdeb, and De Beers Marine Namibia have announced that they will immediately reduce diamond production for the remainder of this year and early 2009. For full story, click here
VIPR announced yesterday that it has signed a closing agreement to purchase up to 50% ownership of a Diamond mine in one of the world’s largest diamond producing areas. The Mwamagunguli Diamond concession in the rich Shinyanga Diamond Region of Tanzania is situated south of the Williamson Mine, one of Africa’s most significant diamond producers. [...]
Venezuela plans to seek out foreign partners for diamond mining ventures as part of a plan to industrialize the mineral-production process, the minister of basic industries and mining said. For full story, click here
Houston Lake Mining Inc., an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to announce that the Phase II 22 hole, 2,232m (7,321 ft.) diamond drill program has been completed in the vicinity of the Shaft Zone. For full story, click here
RX Exploration Inc. released its first resource estimate from its ongoing underground diamond drill program at the Drumlummon Mine at Marysville, Montana. For full story, click here
Shares in Gem Diamonds rise 6.6 percent after the miner sells the 478-carat ‘Light of Letseng’ diamond for $18.4 million to a unit of UK-based Graff Diamonds. For full story, click here
Aim-listed diamond producer Kopane Diamond Developments has placed its Satellite plant at the lighbong diamond project in Lesotho on care-and-maintenance, effective immediately. For full story, click here
Houston Lake Mining Inc., an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to announce that the Phase II 22 hole, 2,232m (7,321 ft.) diamond drill program has been completed in the vicinity of the Shaft Zone. For full story, click here
Houston Lake Mining Inc., an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to announce that the Phase II 22 hole, 2,232m (7,321 ft.) diamond drill program has been completed in the vicinity of the Shaft Zone. For full story, click here
Gems and jewellery export is heading for another fall in December, after a 34% decline to $987 million in November 2008. For full story, click here
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