Lucara says diamond market stabilising
Mining News Pro - Lucara Diamond Corporation, which has reported a strong third-quarter performance, has recovered a 998 ct high white clivage diamond from its wholly-owned Karowe diamond mine, in Botswana.
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De Beers sales hint diamond market has bottomed out
Mining News Pro - De Beers, the world’s largest diamond producer by value, revealed on Friday it made about three times as much in sales of roughs in the seventh sales cycle of the year as it did in the previous event.
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Icecap launches investment-grade diamond marketplace
Mining News Pro - Icecap, a platform that tokenizes diamonds on the Ethereum blockchain, launched this week a bid/ask trading marketplace targeting diamond investors.
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Angola on a drive to improve diamond market infrastructure
Mining News Pro - Angola’s Mineral Resources and Petroleum Minister Dr Diamantino Pedro Azevedo has announced the country’s plans to develop industry-specific market infrastructure for improved diamond trade activity.
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Firestone to delist, trim board on tough diamond market
Mining News Pro - Africa-focused Firestone Diamonds has decided to leave the London Stock Exchange and reduce the size of its board in an attempt to reduce costs and ride out a lingering weakness in the global diamond market.
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Visit: 651
Lucara bets on diamond market recovery, plans mine expansion
Mining News Pro - Canada’s Lucara Diamond doesn’t seem deterred by weak conditions affecting the market as it plans to boost sales returns by targeting higher grade areas of its Karowe mine in Botswana.
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Visit: 667