Afri-Can Completes Diamond Estimate
Afri-Can Marine Minerals Corporation (TSXV:AFA) announced it completed its geophysical survey on the 3403 marine diamond concession in Namibia.
Afri-Can Marine Minerals Corporation (TSXV:AFA) announced it completed its geophysical survey on the 3403 marine diamond concession in Namibia.
Bloomberg reported OAO Alrosa said profit more than doubled last year after average prices for diamonds surged by 60 percent.
Lucara Diamond is now a diamond producer and has announced that its inaugural diamond sale will be in June.
A brief overview of diamond price developments, supply and demand, and significant market movers.
Lucara Diamond Corp. (TSX:LUC,BOTS:LUC) announced its Annual General Meeting results and shareholder approval for several motions.
Firestone Diamonds plc (LSE:FDI) announced an unaudited operations update for the first quarter of 2012 and changes to its senior management team.
Bloomberg reported Suleiman Kerimov urged the government to offer 51 percent of diamond miner OAO Alrosa under its asset sale program.
Reuters reported prices of rough diamonds are expected to rise this year after a turbulent 2011, driven by recovering consumer demand in the United States and a robust appetite for the gems in Asia.
Mineweb reported Kohlberg Kravis Roberts (KKR) is among the bidders for both BHP’s and Rio Tnto’s diamond mining operations.
Lucara Diamond Corp. (TSX:LUC,NASDAQ:LUC) announced production results for the quarter ended March 2012.
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