PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has started commissioning of the 1.1-million-tonne-a-year treatment plant at its Mothae kimberlite diamond mine, in Lesotho.First commercial diamond recoveries are slated for early November.AdvertisementMore than 4 100 ct of diamonds have been recovered from the bulk sampling of areas within the Mothae kimberlite pipe, which had...Read More
RAPAPORT... Alrosa's sales increased in the third quarter amid strongerdemand and a move toward larger diamonds, the miner reported.Revenue from rough stones rose 12% year on year to $949million for the three months ending September 30, the Russian company said Monday. Whilesales volume fell 11% to 6.7 million carats, the average price grew 26% to $142 per carat. Prices have climbed 5.2% sinc...Read More
RAPAPORT... Lucara Diamond Corp. will launch its first sale in Novemberusing its new digital platform that allows customers to obtain the exact rough diamondsthey need, it said Monday. The miner will upload a variety of diamonds to its Clarasystem, including stones from its Karowe mine in Botswana. It will also offer roughfrom other sellers, ranging from 1 to 15 carats in higher color grades...Read More
TSX-listed Lucara Diamond Corp will hold the first diamond sale through its 100%-owned digital sales platform, Clara Diamond Solutions, in November.It has invited a select group of large vertically integrated jewellery houses and global diamond manufacturers to participate in the sale.AdvertisementClara is designed to achieve a sustainable premium over existing sales channels, including tenders an...Read More
(IDEX Online) - Lucara Diamond Corp. said its Clara Diamond Solutions, a 100% owned digital sales platform, will start operations in November with a select group of large vertically integrated jewelry houses and global diamond manufacturers. Clara is designed to achieve a sustainable premium over existing sales channels, including tenders and long-term supply contracts for sellers, and del...Read More
Steel billet prices in major global markets resumed their downtrend or remained stable during the week from Monday October 15 to Friday October 19, with few deals concluded and importers generally staying out of the market.China was the exception, with its domestic prices strengthening amid lower inventory levels within the country.AsiaImport prices for steel billet in Southeast Asia were flat dur...Read More
Steel billet prices in major global markets resumed their downtrend or remained stable during the week from Monday October 15 to Friday October 19, with few deals concluded and importers generally staying out of the market.China was the exception, with its domestic prices strengthening amid lower inventory levels within the country.AsiaImport prices for steel billet in Southeast Asia were flat dur...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points in pre-opening trade. Futures are responding to a 4.09% increase in the Shanghai Composite Index last night.The Canadian Dollar was virtually unchanged at U.S.76.35 cents following release of August Canadian Wholesale Sales at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 1.5% in July. Actua...Read More
BRING OFFERS! Rare 5-ac waterfront lot on highest point in McLean. Prime lot, no conservation easement permits unobstructed Potomac River views. Priv road, so no thru traffic. Perfect for exec/politician seeking private estate just mins from DC. Surrounded by multi-mill homes in prestigious McLean neighborhood. 5BR perc cert, approved grading plan, see disclosures.2018 Tax assessment $1,837,000.Re...Read More
BRING OFFERS! Rare 5-ac waterfront lot on highest point in McLean. Prime lot, no conservation easement permits unobstructed Potomac River views. Priv road, so no thru traffic. Perfect for exec/politician seeking private estate just mins from DC. Surrounded by multi-mill homes in prestigious McLean neighborhood. 5BR perc cert, approved grading plan, see disclosures.2018 Tax assessment $1,837,000.Re...Read More
The recent massacre of seven people in one of Venezuela's mining regions may confirm that the Colombia guerrilla group ELN is expanding its criminal activities into the south of Venezuela, encroaching on the gold mining territory of local mafias.Read full newsRead More
Shandong Zhaojin Group , one of China's biggest gold miners, is scouring as...Read full newsRead More
Harmony Gold Mining Company Limited (HMY) has been on the move lately as the stock has risen by 9.9% in the past four weeks, and it is currently trading well above its 20-Day SMA.Read full newsRead More
"Strong #lithium demand - $SQM CEO Patricio de Solminihac: "We knew that overhauling and ramping up the plant at this moment would be challenging; we have very low inventories, the demand growth is strong, and our customers are requiring complex technical specifications.Read full newsRead More
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Angola's head of presidential security, Minister Pedro Sebastiao, said this weekend that some 380,000 illegal migrants, mostly from the neighbouring Democratic Republic of Congo, have left his country in the past month due to the massive, government-led 'Operation Transparency' which is targeting diamond smuggling.According to Sebastiao, diamonds worth more than $1 million had been seized in the c...Read More
Angola's head of presidential security, Minister Pedro Sebastiao, said this weekend that some 380,000 illegal migrants, mostly from the neighbouring Democratic Republic of Congo, have left his country in the past month due to the massive, government-led 'Operation Transparency' which is targeting diamond smuggling.According to Sebastiao, diamonds worth more than $1 million had been seized in the c...Read More
Angola's head of presidential security, Minister Pedro Sebastiao, said this weekend that some 380,000 illegal migrants, mostly from the neighbouring Democratic Republic of Congo, have left his country in the past month due to the massive, government-led 'Operation Transparency' which is targeting diamond smuggling.According to Sebastiao, diamonds worth more than $1 million had been seized in the c...Read More