Goldstone Resources Inc. (TSX–GRC) (GRSZF-PK) has announced an update on its Beardmore-Geraldton area exploration in northern Ontario. The focus of the diamond drilling will be at the Key Lake property and is scheduled to begin on June 1. Goldstone is quoted saying: “Historical drilling by Cyprus Amax and Placer Dome in the 80′s and 90′s [...]
Continue reading "Goldstone Resources Diamond Exploration Update"
Friday, May 14, 2010
Trans Hex Group Ltd, a diamond company registered in South Africa has announced the contract finalization for the Luana concession in Angola. Aside from this new contract Trans Hex has two other mines in Angola, the Luarica and Fucauma operations, both of which are operational. The new partner is Angolan state-owned diamond company Endiama which [...]
Continue reading "Trans Hex Group Inks Angolan Diamond Contract"
Friday, May 7, 2010
Edgewater Exploration Acquires Red Back Mining’s Enchi Gold Project, Ghana Mr. Edward Farrauto, President and CEO of Edgewater Exploration Ltd. (“Edgewater” or the “Company”)(CA:EDW 0.75, +0.14, +22.95%) announces its option agreement with Red Back Mining Inc. (“Red Back”) (CA:RBI 25.30, +0.48, +1.93%). Edgewater will then get an undivided 51% interest in Red Back’s legal and [...]
Tuesday, May 4, 2010
IGE Resources AB (OSE: IGE) announced that the Company has raised NOK 31.0 million of new equity in a private placement. Earnings will be contributed to expand IGE’s diamonds operations in Southern Africa. The press release is quoted as saying: “The Private Placement was subscribed by a group of investors led by Ulrik Jansson, who [...]
Continue reading "IGE Pleased to Announce Private Settlement"
Friday, April 23, 2010
Dolat Ventures Inc. (OTCBB: DOLV) reported that its 75% owned subsidiary Millennium Mining is planning a full scale build out and intends to increase production at its location in the heart of the Sewa River.
Thursday, April 22, 2010
Thestreet.com reported on How to Play Diamonds With ETFs:
Continue reading "How to Play Diamonds With ETFs"
Wednesday, April 21, 2010
Dolat Ventures Inc. (OTCBB: DOLV) reported that the expectations on pricing for rough diamonds is continuing to rise. Despite an expectation for stability in the March-June period, rough diamond prices continued to edge up in March and early April.
Continue reading "Dolat Ventures Announces Rough Diamond Prices Continue to Rise"
Wednesday, April 21, 2010
Dianor Resources Inc. (TSX VENTURE:DOR) reported that the company has amended certain terms and conditions of the option agreements for the Killala Lake South Property and Killala Lake East Property entered into on March 26, 2006 between Dianor and certain individuals to allow Dianor to issue common shares of its share capital in lieu of the agreed cash payment of $25,000 and $30,000 on March 25, 2009 and $35,000 and $50,000 on March 25, 2010 for respectively the Killala Lake South Property and Killala Lake East Property.
Continue reading "Dianor Amends Option Agreements on Killala Properties"
Tuesday, April 20, 2010
Dolat Ventures Inc. (OTCBB: DOLV) reported diamond mining subsidiary Millennium Mining LLC of Sierra Leone is currently operating and its daily processing capacity is running at close to 20 tons per day.
Thursday, April 15, 2010
Dolat Ventures Inc. (OTCBB: DOLV) reported that the company has acquired a majority stake in Millennium Mining LLC of Sierra Leone. Dolat is acquiring 75% of the common and outstanding stock of the diamond producer in return for thirty million (30,000,000) common shares in a share exchange agreement.
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Thursday, May 20, 2010