1 November 2014
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[1201 - Showing Results 1 to 30]
Kimberley calms nerves
(Wednesday, 8 October 2014)
SHARES in Kimberley Diamonds rebounded 20% today after the miner projected steady revenues and shot down media murmurs that it was insolvent.
(Tuesday, 2 September 2014)
INDIA’S $US10 billion ($A10.7 billion) diamond jewellery industry is tipped to grow 15% per annum for the next five years and Rio Tinto’s Argyle mine in Western Australia is getting ready.
Lucapa keeps surging
(Wednesday, 9 July 2014)
Shares in Lucapa Diamond Company were up more than 20% this afternoon, following more positive sampling from its Lulo diamond concession in Angola.
Lucapa jumps on diamond discoveries
(Friday, 13 June 2014)
SHARES in Lucapa Diamond Company were up more than 37% this morning after the company recovered four diamonds from early surface sampling at an exploration target.
Kimberley chooses Botswana over Ellendale
(Monday, 2 June 2014)
FOLLOWING a strategic review, Kimberley Diamonds has withdrawn a $A14.3 million funding commitment for the Ellendale E4 mine in Western Australia in favour of the $14.7 million Lerala restart in Botswana.
Kimberley shaken after fizzled repricing effort
(Monday, 12 May 2014)
SHARES in Kimberley Diamonds tumbled almost 40% today after the company advised that a failed repricing negotiation would limit project developments and severely impact earnings.
Blumont ups Merlin offer
(Thursday, 24 April 2014)
SINGAPORE-listed Blumont Group has increased its off-market takeover bid for Joseph Gutnick’s Merlin Diamonds.
Gutnick’s Merlin agrees to takeover
(Friday, 28 February 2014)
MERLIN Diamonds shares have soared after the company recommended a scrip off-market takeover from Singapore’s Blumont Group.
Kimberley to restart dormant diamond mine
(Friday, 21 February 2014)
KIMBERLEY Diamonds plans to restart mining at the E4 project, potentially doubling the diamond output from the wider Ellendale operation.
Kimberley acquires diamond project
(Tuesday, 18 February 2014)
KIMBERLEY Diamonds has acquired the Argyle Smoke Creek alluvial diamond project in Western Australia’s Kimberley region from Venus Metals for $A250,000 plus $750,000 worth of ordinary shares.
Lucapa jumps on diamond find
(Friday, 3 January 2014)
SHARES in Lucapa Diamond Company surged as much as 28% today after the explorer confirmed the recovery of an exceptional diamond from its Lulo concession in Angola.
Dryblower on the great diamond revival
(Wednesday, 11 December 2013)
should not have been surprised by the hottest commodity at last week’s Mines and Money conference in London, simply because it’s been a long time between drinks for the diamond industry.
Kimberley takes stock at Ellendale
(Thursday, 14 November 2013)
KIMBERLEY Diamonds has issued a revised resource for its Flagship Ellendale operation in Western Australia.
HMS plant sets Astro up for 2014 exploration season
(Tuesday, 1 October 2013)
DIAMOND and mineral sand explorer Astro Resources is ready for a 2014 bulk sampling program after acquiring a heavy mineral separation plant in Western Australia.
Supply and demand
Exclusively for Premium Subscribers
(Monday, 30 September 2013)
DIAMONDS present something of a paradox in terms of supply and demand. Consumer demand has never been higher, while production of the precious stone is down.
examines the global market.
Kimberley eyes 2014 restart at Lerala
(Tuesday, 17 September 2013)
SHAREHOLDERS have welcomed news that Kimberley Diamonds is about to get its hands on the Lerala diamond asset in Botswana after the company inked an agreement to snap up Mantle Diamonds.
Diamonds: The dream is alive
Exclusively for Premium Subscribers
(Tuesday, 13 August 2013)
AUSTRALIA’S latest hope for a new diamond mine has not actually found any sparklers yet. But the
is not too worried about that minor obstacle as he celebrates a reawakening of a long-held dream.
The Metal Detective
, By Stephen Bell
Kimberley in the black
(Friday, 19 July 2013)
KIMBERLEY Diamonds is reporting better-than-expected earnings for the June quarter as the Western Australia-focused miner shores up debt.
Rio axes 78 Argyle workers
(Friday, 19 July 2013)
RIO Tinto has cut 78 workers from its Argyle diamond operation in Western Australia less than a month after confirming it will hold on to its struggling diamonds division.
Rio to keep diamond division
(Monday, 24 June 2013)
RIO Tinto has completed the strategic review into its diamond business and determined it will hang on to the under-performing division.
Rio heralds Argyle underground
(Tuesday, 30 April 2013)
DESPITE a cooling interest in diamonds, Rio Tinto has celebrated the $US2.2 billion ($A2.1 billion) Argyle underground mine in Western Australia’s Kimberley region.
BHP wraps up diamond sale
(Thursday, 11 April 2013)
BHP Billiton has completed the $US553 million ($A474.2 million) sale of its diamonds business to Dominion Diamond Corporation.
Goodrich shines on diamond sales
(Wednesday, 3 April 2013)
SHARES in Goodrich Resources soared nearly 15% after its first monthly diamond sales since acquiring the Ellendale diamond mine in Western Australia exceeded the 2013 business plan for carats sold, revenue, price per carat and average carat.
Emu buys South African diamond operation
(Wednesday, 20 February 2013)
AFTER a failed attempt to purchase a New South Wales antimony-gold mine last year, Emu Nickel has finally made good on a bid to expand its focus with the acquisition of a 15,000 carat per month diamond operation in South Africa.
Innopac to acquire Merlin
(Thursday, 31 January 2013)
MERLIN Diamonds has agreed to an off-market takeover by Singapore-based Innopac Holdings.
Biotech jumps on mining entry
(Thursday, 27 December 2012)
SHARES in Narhex Life Sciences have jumped after the company announced plans to acquire gold and diamond projects in Liberia.
Diamonds become Goodrich’s best friend
(Monday, 3 December 2012)
SHARES in Goodrich Resources flew skyward after the company said it would purchase the Ellendale diamond mine in Western Australia, which produces about half of the world’s supply of yellow diamonds.
Diamonds no longer BHP’s best friend
(Wednesday, 14 November 2012)
BHP Billiton has farewelled the diamond industry by announcing it will sell its 80% stake in Canada’s Ekati diamond mine to Harry Winston for $US500 million ($A479 million).
Rio performs in a tough environment
(Tuesday, 16 October 2012)
HEAVYWEIGHT Rio Tinto increased its iron ore output in the September quarter but its copper and coal divisions struggled, with the miner again downgrading its copper production guidance for the year.
Report puts $3.5M figure on scarce diamond find
(Thursday, 6 September 2012)
THE good news keeps on rolling for Lonrho Mining. After recently uncovering a massive 131 carat diamond from its Lulo project in Angola, an evaluation report has put a $US3.5 million dollar ($A3.4 million) price tag on it.
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Mining Briefs: Kingston, Independence and more
Strong September for MinRes
Valence plans $35M expansion
Crocodile stalled at Stawell
More trouble for Pluton
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