Infographic: Ten Biggest Diamonds Ever Found
Diamond – Smykker.Me posted an infographic of the ten biggest and most famous diamonds ever found, noting that the world’s second-largest diamond, the Cullinan I, was appraised at $400 million.
Articles Tagged "diamonds"
Botswana Diamonds Awaits Licences for Orapa Region Exploration
Diamond – Mining Weekly reported that Botswana Diamonds said its possible joint venture with a “major international diamond producer” is continuing negotiations and still subject to board approval. Currently, it is waiting for the exploration licences so it can start work on newly identified exploration targets on the north-east portion of Botswana, particularly in the Orapa region.
Stornoway Diamond Corporation Releases Optimization Study for Renard Diamond Project
Diamond – Stornoway Diamond Corporation (TSX:SWY) released the Optimization Study for its 100% owned Renard Diamond Project in Québec. The Optimization Study includes certain design refinements (such as the deferral of shaft access for the underground mine and a modified underground mining sequence and draw point design), as well as an updated project development schedule and financial model. The Optimization Study restates the project's Probable Mineral Reserves at 17.9 million carats (23.8 Mtonnes at 75 carats per hundred tonnes, or "cpht").
IDC-Funded Diamond Beneficiator African Romance Closes Shop
Diamond – Mining Weekly reported that African Romance, a company which obtained funding from the Industrial Development Corporation in the amount of R97-million, has ceased operations. The company originally operated with the objective of being able to sell quarter-carat-and-above diamonds at highly competitive prices.
Olivut Resources Updates Exploration Projects
Diamond – Olivut Resources Ltd. (TSXV:OLV) gave new updates on its exploration projects, 2012 HOAM and ITAPOTY Diamond Project.
Demand for Diamond Jewelry Rises in Germany This Christmas
Diamond – Reuters reported that more and more Germans are buying diamond jewelry this Christmas instead of putting money in the bank.
Afri-Can Wraps Up Diamond Sampling Program in Namibia
Diamond – Afri-Can Marine Minerals Corporation (CVE:AFA) has recently announced that it has already concluded its EPL 3403 Marine Diamond Concession sampling program.
If Your Diamonds Came From One Of These Countries, They Probably Helped Fund A War
Diamond – Business Insider reported the systems that monitor mining,and trafficking of diamonds are ineffective, and some countries still trade blood diamonds.
Are Diamonds Still A Buy?
Diamond – The prices for rough diamonds has recently fallen. Is this a sign that diamonds are losing their shine?
Options Action Recap
Diamond – CNBC reported Riskreversal.com's Dan Nathan decided to short the market through spreads on the diamond ETF trust.
