Alrosa Produces 550,000 Carats at Catoca Diamond Mine
Bloomberg reported OAO Alrosa’s Catoca diamond mine in Angola produced about 550,000 carats a month in the first quarter.
Articles Tagged "diamond"
Largest Yellow Diamond Sale
Forbes reported a collection of 15-carat yellow diamond rings is on display for sale at Birks in Toronto.
Diamond Transfer Perfectly Timed
Mining Weekly reported De Beers’ planned transfer of sales and aggregation activities from London to Botswana is perfectly timed, according to Varda Shine.
Lucara Recovers First Diamonds From Karowe
Mining Weekly reported Lucara Diamond (TSX:LUC,TSXV:LUC) closed a $25-million revolving credit facility to fund development and operations at its Karowe diamond mine in Botswana.
Peregrine Discovers Third Diamond Kimberlite
Peregrine Diamonds Ltd. (TSX:PGD) announced it discovered a third kimberlite this year in the Lac de Gras region in Canada.
Afri-Can Begins Survey for Diamonds
Afri-Can Marine Minerals Corporation (TSXV:AFA) is scheduled to begin a geophysical survey on its 3403 marine diamond concession in Namibia on April 28, 2012.
Christie’s Sells 9-Carat Pink Diamond for $15.7 Million
Forbes reported on Tuesday a 9-carat pink diamond from the estate of Huguette M. Clark, sold for more than $15.7 million, after intense, competitive bidding.
Rockwell Produces 77% More Diamonds
Mining Weekly reported Rockwell Diamonds (TSX:RDI) has increased production by 77% in year-on-year production for the fourth-quarter ended Feb. 2012.
Harry Winston Recovers 1.6 Million Carats at Diavik
Harry Winston Diamond Corporation (TSX:HW,NYSE:HWD) announced Diavik produced 1.60 million carats from 0.5 million tonnes of ore processed in the first quarter of 2012.
Is It Time To Treat Diamonds Like Gold?
CNBC reported there is a move to create a diamond back exchange traded fund which will allow investors to purchase diamonds like gold as an investment, not just jewelry.
