$NGLOY Anglo American’s (OTCMKT:NGLOY) De Beers unit said Tuesday it saw rough diamond sales value rose about 10% in the 3rd sales cycle of the year on the back of stable demand. The world’s Top diamond producer by value, which reports on 10 sales cycles each year, sold $575-M in its 3rd sales cycle of […]
The world’s Top diamond producer by output, Alrosa, (MCX:ALRS) has unearthed a rough diamond weighing nearly 200 carats from its Udachnaya pipe, its largest find in more than 2 years. The 191.46-carat stone, which is white with a slight yellowish tinge, measures 40 mm by 31 mm by 20 mm. It was found earlier this month at the processing […]
Canada’s Lucara Diamond’s (TSX:LUC) New Year brought forth yet another massive find at its flagship Karowe diamond mine in Botswana. The 127 carat, Top white gem diamond, is 1 of the of 129 precious stones of over 100 carats the company has recovered at the mine since it began operations in Y 2012. That tally includes 12 diamonds […]
Kirkland Lake Gold Rebuffs Gold Field’s (NYSE:GFI) $1-4-B Offer $GFI, $KGILF, $NMKTF, $SSRI This week, South Africa’s Gold Fields (NYSE: GFI) the world’s 7th-largest bullion producer withdrew an joint offer with Silver Standard Resources (NASDAQ:SSRI) to buy Kirkland Lake Gold (OTCMKT:KGILF) after the Canadian miner rejected the bid. Gold Fields (a Johannesburg-based company) said it […]