Stornoway Diamond Corporation, releasing its results for the quarter ended September 30, 2017, reported a strong production performance having exceeded planned diamond recovery and achieved a higher than plan grade. The Company recovered 442,154 carats during the quarter from the processing of 506,381 tonnes of ore compared to a plan of 422,475 carats from 540,000 […]

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Lucapa Diamond Company Limited said that diamond production for the June Quarter (Q2 2017) at its Lulo Diamond Project in Angola touched 4,203 carats, marking an increase of 63% y-o-y. This figure took the H1 2017 production to 8,301 carats as compared to 5,668 carats produced in H1 2016, an increase of 46%. “Lulo continued […]

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World Diamond Council (WDC) President Andrey Polyakov, who is also the Vice President of ALROSA, welcomed the commencement of the discussions related to the new three year review cycle of the Kimberley Process Certification Scheme (KPCS) at the KP Intersessional Meeting which began in Perth yesterday. Speaking at the Opening Session, Polyakov said, “This review […]

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Karelian Diamonds, an Irish company that is currently engaged in diamond exploration projects in Finland, said it has raised capital of £425,000 (€505,000), prior to expenses, through a placing of shares. It said that it would use the money raised “to fund the advancement of the company’s principal diamond opportunities”. In a statement issued yesterday, […]

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