Botswana Diamonds Identifies Drill Targets at PL 117
Botswana Diamonds plc (LSE:BOD) announced that initial fieldwork at PL 117 has been completed on schedule and on budget. John Teeling, the company's chairman, said that, as hoped, drill targets have...
View ArticleBotswana Diamonds Receives New Prospecting Licenses
Botswana Diamonds plc (LSE:BOD) announced that it has been awarded five new prospecting licenses in Botswana's Orapa region.Continue reading...
View ArticleALROSA’s Revenue Up 43 Percent in Q1
Rapaport reported that in the first quarter of 2014, ALROSA's (MCX:ALNU) revenue increased by 43 percent from the year-ago quarter, hitting $1.66 billion. However, its profit sank 3 percent, to $179.5...
View ArticleALROSA Commissions Russia’s Next Top Diamond Mine
ALROSA (MCX:ALNU) announced that today it commissioned the Udachny underground diamond mine. When it reaches its design capacity in 2019, it will be Russia's largest diamond mine.Continue reading...
View ArticleALROSA Reports Lower Q2 Production
Reuters reported that Russia's ALROSA (MCX:ALNU) said its output for 2014's second quarter was 16 percent below its production in the year-ago quarter. In total, it put out 8 million carats.Continue...
View ArticleIs a Diamond Market Supply Crunch on the Horizon?
Independent diamond industry analyst and consultant Paul Zimnisky gave Diamond Investing News a great overview of current diamond market supply and demand dynamics. He sees prices for the gems reaching...
View ArticleBotswana Diamonds Plans September Start for Drill Program
Botswana Diamonds plc (LSE:BOD) announced that in the third week of September it will be starting a drill program on prospecting licence No PL117/2011, located in Orapa, Botswana.Continue reading...
View ArticleBotswana Diamonds Receives ALROSA Geological Report
Botswana Diamonds plc (LSE:BOD) announced that it has received ALROSA's (MCX:ALNU) final geological report on exploration work completed at prospecting licence PL/117, located in Botswana.Continue...
View ArticleALROSA Subsidiary Starts Mining at Karpinskogo-1 Kimberlite
ALROSA (MCX:ALNU) announced that its subsidiary, Severalmaz JSC, has begun ore mining at the Karpinskogo-1 kimberlite pipe. The pipe is part of the Russia-based M.I. Lomonosov deposit.Continue reading...
View ArticleALROSA Reports Q3 Loss of $223 Million
Rapaport reported that diamond giant ALROSA (MCX:ALNU) recorded a loss a $223 million during 2014's third quarter. The loss was primarily the result of foreign exchange losses.Continue reading...
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