Diamond – Bloomberg reported that De Beers sees global diamond demand rising by up to 4.5 percent in 2014 on the back of increased US and Chinese demand.
Articles Tagged "De Beers"
Diamond – In an interview with The Economic Times, Stephen Lussier, CEO of Forevermark, a De Beers brand, told the news outlet that while diamonds are becoming rarer each day, "there is no immediate crunch in terms of supply."
Diamond – CBC News reported that according to De Beers spokesman Tom Ormsby, the company is going forward with environmental studies regarding the expansion of its Victor diamond mine, located in Attawapiskat, Canada.
Diamond – Diamond Investing News recently had the chance to speak with Brooke Clements, president of Peregrine Diamonds, which confirmed earlier this month that the CH-6 kimberlite pipe on its Chidliak diamond project is one of the highest-grade kimberlites in the world.
Diamond – Rapaport reported that De Beers' December sight had an estimated value of $580 million, the highest since the first quarter of this year.
Diamond – Rapaport reported that on December 2, RapLab, a Rapaport Group company, will begin providing diamond traders with synthetic diamond detection services. It plans to use technology developed by De Beers.
Diamond – Botswana is full of diamond exploration, development and production companies. Here's a brief overview of six of them.
Diamond – Bloomberg reported that Mountain Province Diamonds Inc. (NYSEMKT:MDM), which is working with De Beers on the Canada-based Gahcho Kue project, plans to raise $125 million in a rights offering that will be backed by the company's largest shareholder, Irish billionaire Dermot Desmond.
Diamond – Rapaport said in its weekly report that several large diamond companies, including ALROSA (MCX:ALNU), De Beers, Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) and Dominion Diamond Corp. (TSX:DDC,NYSE:DDC), saw production increases in the third quarter of this year despite the fact that manufacturers have been refusing goods.
Diamond – Rapaport reported that the De Beers Group of Companies has started construction of a $2-billion underground mine below the South Africa-based open-pit Venetia mine. The new mine should extend Venetia's life beyond 2040; it will also replace the open pit as South Africa's largest diamond mine.