Rockwell acquires 74% of H C Van
by Jo Black
Rockwell Diamonds Inc. has taken ownership of 74% of H C Van Wyk Diamonds Limited and Klipdam Diamond Mining Company Limited (collectively referred to as VWDG) effective March 01, 2008.
Pursuant to an agreement originally announced in June 2006 with Durnpike Investments (Pty) Limited, its listing on the Johannesburg Stock Exchange end November 2007, and the [...]
Brazilian Diamonds to raise funds
by Jo Black
The Directors of Brazilian Diamonds Limited announces the placing of 25,957,000 new common shares of no par value each in the Company, conditional upon admission to trading on AIM and the Toronto Stock Exchange (TSX) (the Placing). The Placing will raise Cdn. $2,595,700 (approximately pounds sterling 1.3 million) (before the expenses of the issue).
This Placing [...]
Dianor completes private placement
by Jo Black
Dianor Resources Inc. has held a first closing of its previously-announced private placement with Northern Securities Inc. by placing 6,820,571 units at a price of $0.35 per unit and 5,512,000 “flow-through” common shares at a price of $0.40 per share, for aggregate gross proceeds to Dianor of $4.59 million. Additional closings of the private placement [...]
Patrician gets land use permit
by Jo Black
Patrician Diamonds Inc. announces that the Sahtu Land and Water Board has issued a land use permit for the Company’s proposed drill program near Doctor Lake in the Sahtu District of the Northwest Territories. The Permit covers a program of core drilling that will further evaluate the Hillside Kimberlite and will test other large magnetic [...]
Diagem’s crater facies kimberlite
by Jo Black
Diagem Inc. reports that drilling has confirmed crater facies kimberlitic rocks on two targets on its Chapadao project located in the Juina diamond district of Mato Grosso, Brazil.
As of March 21, 2008, 780.5 metres of core drilling have been completed in 12 holes to depths ranging between 47 and 100 metres. The holes are being [...]
Iciena updteas on Batovi project
by Jo Black
Iciena Ventures Inc. reports on data received from the helicopter borne magnetic and electromagnetic (TEM) geophysical survey previously conducted on the Batovi diamond exploration project. The survey was flown by Geotech Airborne Ltd. It consisted of 7700 line kilometres at a line spacing of 100 meters flown over the core of the Company’s 215,000 hectare [...]
Grizzly Diamonds provides updates
by Jo Black
Grizzly Diamonds Ltd. announces the completion of the winter kimberlite drill and ground geophysical program for a number of its 100% owned Alberta Diamond Properties in Northern Alberta.
The Buffalo Head Hills winter kimberlite drilling program was completed on March 17, 2008. A total of seven drill holes were completed (1,177 m) with four holes on [...]
KimCor commissions Newlands plant
by Jo Black
KimCor Diamonds plc, a diamond producer and exploration company with properties in South Africa and Tanzania, announces that the expansion and upgrade of the Newlands diamond mine processing plant has been completed.
HIGHLIGHTS
* Commissioning of the plant commenced on 25 March;
* The [...]
JA announces winners of 2008 Affiliate Design Competition
by Jo Black
Jewelers of America (JA) has announced the winners of its 18th annual Affiliate Design Competition, held during the JA New York Show, March 9-11. Designers from Missouri, Oklahoma, Texas and Wisconsin took home the first place prizes in four categories (based on the cost of materials used): $1,000 and under; $1,001-$3,000; $3,001 and over; and [...]
Paramount recovers 15ct diamond
by Jo Black
Paramount Mining Corporation says that a diamond weighing 15.47 carats, almost twice the size of any recovered to date from the Peakstar Project, South Africa, was recovered late last week from kimberlite sampled at a depth of 45 metres.
Larger diamonds are occurring periodically during bulk sample testing of one of several kimberlite fissures at the [...]
OGI Systems wins contract
by Jo Black
OGI Systems Ltd. has been granted the prestigious contract to be the main supplier for Julius Klein Diamond (JKD) Company, recently established in Namibia.
OGI Systems will supply the JKD factory with machines for measuring and laser marking diamonds.
JKD tested and compared OGI System with other existing instruments appearing in the diamond market and [...]
IDI focuses on luxury at Basel
by Jo Black
The Israel Diamond Institute (IDI) annual high profile breakfast press conference at BASELWORLD 2008 will focus on diamonds as a symbol of luxury, featuring some of Israel’s most innovative companies.
The press conference will be held on April 4, 2008 from 8:45 – 10:00 am in the Osaka - Samarkand Congress Room of the Basel [...]
CIBJO releases special reports
by Jo Black
CIBJO released three more special reports compiled by the group’s Diamond Commission, the CIBJO Marketing and Education Commission, and the CIBJO Gemmological Commission.
Diamond Commission
In its report, the authors of the CIBJO Diamond Commission (CDC) express their hope that in Dubai, it can resolve some of the ‘hot’ issues that were the cause [...]
African Diamonds progress with AK6
by Jo Black
Diamond exploration company, African Diamonds Plc, confirmed that it remains on target to bring its AK6 diamond mine into operation by the end of next year.
Chairman of African Diamonds, John Teeling, said the AK6 diamond mine in Botswana is the jewel in our crown. The final step prior to construction, the mining license, is at [...]
Novori’s TulipTM collection
by Jo Black
Novori Inc., a leading online interactive retailer of fine diamond engagement rings and jewelry, is proud to introduce the newest addition to their line of unique jewelry pieces, the Tulip™ Collection.
Having online exclusivity of quality brands is very important to us, commented Mark Neild, CFO of Novori, Inc. It is a strategy that we [...]
India launches African diamonds initiative
by Jo Black
As the first-ever India-Africa conclave organised by the Ministry of External Affairs approaches, the Indian Commerce Ministry has, for the first time, taken the initiative to establish systems for the direct imports of rough diamonds from Africa. To kick-start this initiative, the Minister of State for Commerce, Mr. Jairam Ramesh is leading a high-powered delegation [...]
HRD Antwerp at Istanbul Jewellery Show
by Jo Black
HRD Antwerp NV, which provides grading, gemmological, educational, technological and research services to the international diamond and jewellery industries, will highlight its presence at the Istanbul Jewellery Show later this month with a seminar for trade show attendees about synthetic diamonds and diamond simulants.
The Istanbul Jewellery Show, which opens on March 26 and runs through [...]
Tahera delays filing of statements
by Jo Black
Tahera Diamond Corporation announces that it will not be able to meet the deadline of March 31, 2008 for the filing of its 2007 audited financial statements and related management discussion and analysis of financial condition (MD&A).
As previously announced, Tahera has obtained an order from the Ontario Superior Court of Justice providing protection for Tahera [...]
Verena closes private placement
by Jo Black
Verena Minerals Corporation has closed the private placement with Sprott Asset Management for aggregate gross proceeds of $1,000,000.
The Placement consists of the issuance of 3,333,333 units at a price of $0.30 per Unit. Each Unit consists of one common share of Verena and one-half of one common share purchase warrant with each whole Warrant being [...]
Mulloy’s Fine Jewelry recognized in platinum program
by Jo Black
Mulloy’s Fine Jewelry has been awarded Southern California’s Platinum Guild International’s Preferred Platinum Partnership. In order to receive this prestigious distinction, Mulloy’s was voted for by the top fine jewelry designers in the world as being one of America’s premiere destinations for precious platinum jewelry designs.
Founded in 1975, Platinum Guild International (PGI) provides information, [...]