Gems

Mining News Pro - The Dynasty Diamond. Photo by Alrosa.

Mining News Pro - De Beers has decided to close the Voorspoed diamond mine in the Free State, Anglo American has drawn a line in the sand for its thermal coal portfolio and emerging tin miner AfriTin is on track to meet its targets. Mining Weekly editor Martin Creamer unpacks the headlines.

Mining News Pro - Australia’s Lucapa Diamond (ASX:LOM) announced Monday the recovery of yet another special diamond from its 70 per cent-owned Mothae diamond mine in Lesotho.

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Mining News - PERTH (miningweekly.com) – The share price of ASX-listed Merlin Diamonds rose by more than 14% on Tuesday after the company announced that 32 pink diamonds, totalling 6.63 ct, have been recovered from its Merlin mine, in the Northern Territory.

Mining News Pro- Rio Tinto has unveiled the largest vivid pink diamond in the history of its Argyle pink diamonds tender, during a preview in Sydney.

Mining News - The chairman of the board of directors of the Iranian rock association, pointing out that in the current period, even the entry of a dollar into the country is high, the government has determined the export of raw materials, said that the state of duties for export stones in the present situation is not in the interest of the country.

Mining News - Deputy director of the ministry of industry, mining and trade plan and program pointed to the existence of good mineral capacity in different regions, said the completion plan of the mineral industry chain in the basic metals sector, such as steel, copper and somewhat aluminum, will be carried out this year.

Mining News - Feature speakers are Eira Thomas , Grenville Thomas , and Matt Manson, symposium representator is The North Mine http://www.northernminer.com/

Mining News Agency -London Metal Exchange (LME) nickel prices recovered back to US$13,285/ton on April 5th, rising by US$225/ton from the previous day. The price dropped by US$500/ton on the Tuesday after Easter Monday from the last day.

Mining News Agency -Anglo American’s De Beers, the world’s largest rough diamond producer by value, said Thursday it plans to mine precious rocks this year at a rate not seen since the 2008 global financial crisis.

Anglo American, one of the world’s largest diversified mining companies, reported an overall increase in production across the group, with standout performances in diamonds, iron ore and manganese.

Mining News Agency - Diamond miners have started the year off on the right foot as two Africa-focused producers announced Monday the recovery of three huge diamonds, each bigger than 100 carats.​

Mining News Agency - A recently released annual report by the Antwerp World Diamond Centre (AWDC) and Bain & Company revealed that diamond producers experienced a 20% revenue increase in 2016 from the year prior.

Mining News Agency - The largest-ever D-flawless diamond to be put up for auction, the "Creation 1," sold for $33.7 million Tuesday night during an auction at Christie`s in Geneva.

Mining News Agency - A review of 61 diamond finds over the past five yeas that were significant enough to warrant press releases by the companies that mined them keeps market interest high, diamond investment specialist Paragon International Wealth Management said in a press release.

Mining News Agency - Total diamond sales of Russian state-controlled diamond producer Alrosa was at $337.6-million in October, the company said in a statement on Thursday, up from $309.7-million in September.

Mining News Agency - Petra Diamonds Ltd`s first quarter revenue fell by 17 percent after the government of Tanzania last month seized a consignment of diamonds from its Williamson mine.

Mining News Agency - Russia’s Alrosa, the world`s top diamond producer by output, said its affiliate Almazy Anabara has unearthed a 34.17-carat yellow rock at the Ebelyakh alluvial deposit in the Republic of Sakha.

Mining News Agency - The government of Sierra Leone confirmed Wednesday that a 709.41-carat diamond found by a local pastor early this year is currently in Antwerp, Belgium, for auction and sale.

In Picture