Gem and Diamond

Mining News Pro - Namdeb Holdings Limited, a joint venture between the Namibian Government and Anglo American’s diamond unit De Beers Group, said on Thursday that it has sold Elizabeth Bay Mine and its associated marine assets as a going concern to Lewcor, a 100% Namibian-owned consortium.

Mining News Pro - Russia’s Alrosa is talking to several global jewellery retailers about jointly marketing the miner’s jewellery brand that uses fluorescent diamonds, as it strives to create a new niche for the natural stones.

Mining News Pro - Stornoway Diamond Corp. of Montreal has been granted protection under the Companies’ Creditors Arrangement Act from the Superior Court of Quebec while the company restructures its business and financial affairs.

Mining News Pro - Rapaport has published a report stating that the escalation of the US-China trade war, the protests in Hong Kong, and the depreciation of the yuan, paired with dealers taking their summer vacations, greatly impacted the diamond market in August.

Mining News Pro - Sierra Leoneans living next to the country’s largest diamond mine are taking their government to West Africa’s regional court for failing to protect them from alleged environmental lapses by the company that runs it, a subsidiary of Octea Limited.

Mining News Pro - GGL Resources (TSXV: GGL) reported receiving encouraging results from a ground geophysical survey program on the Stein diamond project in Nunavut, northern Canada.

Mining News Pro - De Beers’s diamond buyers took the rare opportunity to reject stones from the biggest supplier as the company offered almost unprecedented flexibility to ease a growing crisis.

Mining News Pro - A 14.83-carat pink oval diamond found and polished by Russia’s Alrosa (MCX:ALRS) could fetch up to $65 million when it goes up for sale in November.

Mining News Pro - Anglo American’s De Beers, the world’s No.1 diamond miner by value, will once again let buyers reject some of the precious stones at the company’s upcoming sale amid weak prices and miners facing challenging times, especially those producing cheaper and smaller stones where there is too much supply.

Mining News Pro - At the foot of a slag heap some 40 metres high, Adi Kalie Bangura showed the black welts that dot his arms and legs that he says are the result of drinking and bathing in water contaminated by Sierra Leone’s largest diamond mine.

Mining News Pro - The world’s top diamond producer by output, Alrosa (MCX:ALRS), and the Zimbabwe Consolidated Diamond Company have signed a joint venture agreement to develop diamond deposits in Zimbabwe.

Mining News Pro - South Africa’s Petra Diamonds (LON:PDL) on Monday became the latest victim of weak demand for precious stones that is crippling the industry after reporting full-year revenue below analysts’ estimates.

Mining News Pro - The world’s top diamond producer by output, Alrosa (MCX:ALRS), reported unearthing a gem-quality rough diamond weighing 63.15 carats from the Zapolyarnaya kimberlite pipe of the Verkhne-Munskoye depositlocated in Yakutia.

Mining News Pro - Rio Tinto has unveiled its annual showcase of the world’s rarest pink and red diamonds in a preview at the Argyle mine site in the east Kimberley region of Western Australia.

Mining News Pro - Africa-focused Firestone Diamonds (LON:FDI) has dug up a 54 carat intense fancy yellow, sawable diamond from its 75%-owned Liqhobong mine, in Lesotho.

Mining News Pro - Ever wondered where that sparkly stone on your finger was dug up? Who polished it and where? The world’s top diamond producer wants to answer all your questions.

Mining News Pro - For the first time a trench cutter sampling system is being used to take a bulk sample of a Canadian kimberlite. Such equipment is normally used in specialist foundation engineering, rather than mineral exploration.

Mining News Pro - BlueRock Diamonds (LON: BRD) shares were up 15% on the London Stock Exchange Friday after the miner announced it had recovered its largest diamond to date, a 24.9 carat gem quality stone.

Mining News Pro - The Ministry of Energy, Northern Development and Mines has issued 10 exploration permits to Golden Share Resources for drilling targets within the Ogoki project and the Kagiami project, located in the Wabassi and Albany River area of the James Bay Lowlands.

Mining News Pro - Exploration continues at the Star kimberlite, part of the Star-Orion South project 60 km east of Prince Albert. The project is owned by Saskatoon’s Star Diamond Corp. and optioned to Rio Tinto Exploration Canada.

In Picture