Russian Oil Company to Invest $1 Billion in Diamond Mine
Bloomberg reported Russia's OAO Lukoil (LSE:LKOH) plans to invest $1 billion in a diamond mine challenging OAO Alrosa's monopoly.
Bloomberg reported Russia's OAO Lukoil (LSE:LKOH) plans to invest $1 billion in a diamond mine challenging OAO Alrosa's monopoly.
Bloomberg reported Harry Winston (TSX:HW), KKR (NYSE:KKR) and Apollo (NYSE:APO) are may bid on BHP's (ASX:BHP,NYSE:BHP) Ekati diamond mine.
Peregrine Diamonds Ltd. (TSX:PGD) announced new microdiamond results from samples of drill core at its Chidliak project in Canada.
Reuters reported Rio Tinto (NYSE:RIO,ASX:RIO) has dug up a 12.76 carat pink diamond in the Argyle mine in Australia.
Shear Diamonds Ltd. (TSXV:SRM) announced approval for an eight year Type A water license has been received for the Jericho diamond mine.
Mineweb reported the Argyle diamond mine saw a fall in diamond production of 14% due to the Australian wet season.
Reuters Africa reported BHP Billiton (NYSE:BHP) sold its share of the Chidliak diamond project to Peregrine Diamonds Ltd. (TSX:PGD).
Mining Weekly reported mining expansion is due to be completed in March 2012 in Botswana says Debswana.
CNBC reported BHP Billiton (NYSE:BHP) is considering selling all or part of its diamond assets.
Mountain Province Diamonds Inc. (TSX:MPV,NYSE:MDM) announced an airborne gravity survey over two projects is complete.
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