Kopane Diamond Developments PLC. announced that it has received notification yesterday that as at April 29 2009 Obtala Resources PLC. holds in aggregate 61,635,000 Kopane shares, representing 28.07 percent of the issued share capital. For full story, click here
Read the full article: "Obtala Resources holds 28.07 percent of..."
Thursday, April 30, 2009
The Angolan diamond trade has a complex history encompassing cold war interests and rampant corruption. Diamond mining in Angola is a pivotal issue because its level of success will determine the country’s future. For full story, click here
Read the full article: "Will Angola diamonds glitter again?"
Thursday, April 30, 2009
According to Anglo American Plc., De Beers, the world’s leading diamond producer, slashed first-quarter output by 91 percent, as the world economic slump cut demand for luxury goods. For full story, click here
Read the full article: "De Beers diamond output slipped 91%"
Wednesday, April 29, 2009
Angola’s diamond sector is slowly recovering but gem prices still need to surge by around 15 percent this year to enable companies reinvest in it. For full story, click here
Read the full article: "Angola’s diamond sector is regaining..."
Wednesday, April 29, 2009
Brazilian Mining Corporation declared Louis Pearl has been named Vice President. Mr. Pearl served on the board of Brazilian Mining Corporation as the Treasurer. Mr. Pearl has over 32 years of extensive experience in the Diamond Business. For full story, click here
Read the full article: "Brazilian mining named Louis Pearl as Vice..."
Wednesday, April 29, 2009
Diamonds North Resources Ltd. declared diamond results for 7 new kimberlites discovered on its 100% owned Amaruk property in the Pelly Bay Diamond District of Nunavut. For full story, click here
Read the full article: "Diamonds North announced Amaruk Property..."
Tuesday, April 28, 2009
George H. Read, P. Geo., Senior Vice President Exploration and Development declared the eighth, and final, set of diamond results from underground bulk sampling of the Orion South Kimberlite, within the Fort à la Corne Joint Venture where Shore is the operator with a 60 percent interest and Newmont Mining Corporation of Canada Limited has [...]
Read the full article: "Orion South declared diamond results"
Tuesday, April 28, 2009
After a slump, diamond market in Surat was abuzz with activity following slight spurt in demand for high quality diamond. Dinesh Nawadia, general secretary, Surat Diamond Association, stated: At the moment, there is requirement in the market for a grade workers who are skilled and who are good in cutting and polishing diamonds. We hire [...]
Read the full article: "Small revival of Surat Diamond Industry has..."
Tuesday, April 28, 2009
The slowdown in the diamond industry has claimed two more lives. In Amreli district a jobless worker and in Surat a diamond broker both consumed poison. For full story, click here
Read the full article: "Diamond Industry Recession claimed two more..."
Monday, April 27, 2009
Lucara Diamond Corp. and partner Motapa Diamonds Inc. declared that it has completed diamond recovery work on the 100,000 tonne bulk sample program at the Mothae sample project in Lesotho. For full story, click here
Read the full article: "Lucara Diamond declared Mothae Diamond..."
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Thursday, April 30, 2009