(IDEX Online) - Rounds prices held up better than in recent months, and demand for fancies drove up prices, especially among 0.30-cts to 0.79-cts goods. China is post-Covid, the US is emerging from the depths of its inflationary woes and consumer confidence is actually on the rise. Things aren't great, but the industry appears t...

(IDEX Online) - India's Central Bureau of Investigation (CBI) is bringing news charges against fugitive diamantaire Mehul Choksi.It hopes the move will persuade Interpol to re-impose the Red Notice, restricting his movements, that was lifted earlier this week.Choksi, 63, together with his nephew Nirav Modi, 53, is wanted by authoriti...

(IDEX Online) - Exclusive watchmaker Jacob & Co has unveiled its latest ultra-extravagant timepiece, the Billionaire Timeless Treasure, incorporating 216.89 carats of Asscher-cut fancy yellow and intense yellow diamonds. And a $20m price tag.It's a one-off watch to aspire to, especially if you're looking to trade up from the...

VANCOUVER, BC, March 31, 2023 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) View PDF version Lucara Diamond Corp. ("Lucara" or the "Company") reports the following in accordance with the Swedish Financial Instruments Trading Act: As a result of the vesting of employee share units, the number of issued and out...

VANCOUVER, BC, March 31, 2023 /PRNewswire/ -- (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) View PDF version Lucara Diamond Corp. ("Lucara" or the "Company") reports the following in accordance with the Swedish Financial Instruments Trading Act: As a result of the vesting of employee share units, the number of issued...

VANCOUVER, British Columbia, March 30, 2023 (GLOBE NEWSWIRE) -- North Arrow Minerals Inc. (TSXV-NAR) (“North Arrow”) is pleased to update an ongoing data review at its 100% owned DeStaffany lithium property, NWT. Highlights of this work include: Eight lithium geochemical targets have been identified within the p...

Expert warns Zim against contracting “ghostly” diamond ...

He discouraged the participation of a grouping of small mining companies in the extraction of the precious mineral saying this was a barrier to

Zimbabwe: Expert Warns Zim Against Contracting 'Ghostly ...

President Emmerson Mnangagwa's government has extended fresh diamond mining rights to Anjin Investments in Chiadzwa, Manicaland,

Diamond Mining Market Growth, Challenges, Opportunities ...

The Global Diamond Mining Market report by UpMarketResearch.com provides a detailed analysis of the area marketplace expanding;

The upside to the downturn: extraordinary value' for selective investors

There's no doubt that the past few years have been tough on junior miners and those who invest in them. So tough in fact that the World Resource Conference put together each June in Vancouver by Cambridge House has been rebranded as the Canadian Investor Conference, with small-cap tech and "diversified" companies - including those juniors that have recently migrated to the burgeoning medical marijuana sector - invited in to shore up the exhibitors' list and bring in more investors. But while it's easy to dwell on the hardships exploration companies and those who invest in them have had to endure for the past three years, there is an upside to the junior mining industry's current malaise. A panel at the conference, which took place June 1-2, laid out several positives for investors who are...

Peregrine shares pop on 7.5M-carat maiden resource for Chidliak

Peregrine Diamonds (TSX: PGD) has unveiled a maiden resource for the CH-6 kimberlite at its Chidliak diamond project in Nunavut.CH-6 contains an inferred resource of 7.47 million carats in 2.89 million tonnes of kimberlite grading 2.58 carats per tonne. The resource extends to 250 metres depth and CH-6 is open at depth.A valuation of CH-6 diamonds conducted in February revealed an average diamond price of US$213 per carat.Beside and beneath the CH-6 resource, the company has defined a target for further exploration of 2.6 to 3.5 million additional tonnes. About half of that estimated tonnage (1.5 million tonnes) lies at shallow depths of between 105 and 250 metres depth, while the rest is between 250 and 380 metres depth. Peregrine is planning a core drilling program to convert the target...

An adapt-or-die moment for junior miners

Newsletter writer and mining analyst John Kaiser sounds a little dejected as he describes the utterly bleak state of the mining industry today."The phones are completely dead, nobody cares," says the editor of Kaiser Research Online. "Companies can't raise money, it's like a complete dying sector."Kaiser made a now-famous prediction last year that around 500 juniors were bound for "extinction" because of an inability to raise capital, low share prices and negative sentiment on commodities.As of mid-May, that number has grown: Of the roughly 1,800 publicly listed TSX and TSXV companies involved in mining or exploration and listed in the KRO database, 694 had less than $200,000 in working capital - basically the amount needed annually to maintain a listing.Kaiser adds that about 70% of all t...