Diamond Mining

Latest News for: Diamond mining

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Pat Robertson, who made Christian right a political force, dead at 93

Manila Standard 09 Jun 2023

... friend of mine.” ... He courted Democratic Republic of the Congo dictator Mobutu Sese Seko and Zimbabwe’s Robert Mugabe, hoping to convert their countries to Christian states where gay people were banned — while investing in diamond mining in a deal with Mobutu.

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The World’s Most Valuable Ruby Breaks Records at Sotheby’s Auction

New York Observer 08 Jun 2023

The gem was cut from a 101-carat rough crystal mined in the Montepuez mine of Mozambique in July 2022 ... Mined at the Damtshaa mine in Botswana by De Beers, the diamond’s sale has now succeeded that of a 10.64-carat purplish-pink diamond which achieved $19.9 million in 2019.

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China lab-grown diamonds outshine competition on global stage

People Daily 08 Jun 2023

The quality of these cultivated diamonds rivals that of mined ones ... Synthetic diamonds, being more environmentally friendly and cheaper than naturally mined ones, can be mass-produced, said Guo Sheng, founder of CARAXY, a Chinese lab-grown diamond jewelry brand. Founded in 2015, CARAXY became one of China's earliest synthetic diamond brands.

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How to get rich from commodities

Economist 08 Jun 2023

Half the world’s diamonds are mined there ... A necessary condition for its rise was the discovery in 1967 of diamonds by De Beers, a mining giant ... Today De Beers reckons that Botswana keeps four-fifths of the revenues from Debswana, their joint mining venture, through taxes, royalties and dividends.

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Botswana, an African success story, looks ever less exceptional

Economist 08 Jun 2023

In 1967 De Beers, which then had a near-monopoly of global production and today remains the largest miner by value, discovered what would become Orapa, the world’s biggest open-pit diamond mine ... They used the proceeds from diamond mining to keep public debt low and create ...

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World’s Most Expensive Ruby and Rare Pink Diamond Sell for $35 Million Each

Barrons 08 Jun 2023

Moments later, a diamond Sotheby’s calls “Eternal Pink,” which is actually a vivid purplish pink, took just two minutes to also hammer at US$30 million ... It was flanked by trapezoid-shaped diamonds ... was cut and polished over six months by South Africa-based Diacore from a 23.78-carat diamond mined by De Beers in Botswana in 2019.

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World's largest ruby gemstone on auction sells for record $34.8 million

Khaleejtimes 08 Jun 2023

It was cut from a 101-carat rough stone discovered in July last year at the Montepeuz ruby mine in Mozambique operated by the Dubai-based Fura Gems company ... Sotheby's also sold "The Eternal Pink," a rare 10.57-carat diamond from a mine in Botswana, for the same price of $34.8 million.

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ATLAS LITHIUM CORPORATION (NASDAQ: ATLX) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP ...

Enid News & Eagle 08 Jun 2023

The Company, formerly known as Brazil Minerals, Inc., was founded by its CEO Marc Fogassa and initially operated as a diamond and gold mine ... After generating just $1.4 million in revenue from 2013 to 2021, the Company pivoted its purported focus from diamonds to lithium and officially changed its name to Atlas Lithium in October 2022.

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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment ...

Eagle-Tribune 08 Jun 2023

(“Brazil Minerals”), was founded by its Chief Executive Officer (“CEO”) Marc Fogassa (“Fogassa”) and initially operated as a diamond and gold miner ... In addition to touting the profitability of the diamond mining industry, the promotional materials projected that Brazil Minerals' stock price would reach $18.90 per share over the long term.

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BlueRock follows subsidiary into administration

Mining Weekly 08 Jun 2023

The board of Aim-listed BlueRock Diamonds, together with the business rescue ...

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Namibia bans export of unprocessed critical minerals

Reuters 08 Jun 2023

Only small quantities of the specified minerals would be allowed, after approval by the mines minister, it said. Namibia is one of the top global producers of uranium and gem-quality diamonds, but its battery metals are attracting growing interest as the world shifts away from polluting fuels to renewable energy ... Our Standards ... Read Next ... ....

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The History of Stake

Bitcoin Chaser 08 Jun 2023

As one of the leading crypto gambling platforms in the world, it took a long time for Stake to reach the heights it has. After years of gruelling work and a lot of trial and era, Stake.com recently announced a record-breaking year of 65,582,632,601 bets in 2022 ... Prelaunch ... 2016. The Lead Up ... 2017. Stake.com Launched ... Plinko. Mines. Chartbet ... Diamond Poker ... .

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Petra postpones majority of sixth diamond tender sales to August

Mining Weekly 07 Jun 2023

Petra had previously expected to offer for sale about 230 000 ct of diamonds recovered ...

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Equity Metals drills 964 g/t AgEq over 1.7 metres at Silver Queen, British Columbia

Resource World 07 Jun 2023

... venture) (Bralorne mines) and Houston Metals Corp ... The company also has a controlling joint venture interest (57.49%) in the Monument diamond project, Northwest Territories, strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines.

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