Brazilian Diamonds changes management
by Jo Black
Brazilian Diamonds Limited has been advised that, for personal reasons, the President of the Company, Homero Silva will not be seeking reappointment following the expiry of his employment contract on July 15, 2008.
Mr. Silva will continue in his role as President until that time and has expressed a willingness to continue to serve the [...]
HRD Antwerp at BaselWorld 2008
by Jo Black
HRD Antwerp NV, which provides grading, gemmological, educational, technological and research services to the international diamond and jewellery industries, will be highlighting its attendance at the leading event for the watch and jewellery industry Baselworld, by providing diamond evaluations at its booth.
BaselWorld, which opens on April 3 and runs through April 10, provides a unique [...]
Olivut updates on HOAM project
by Jo Black
Olivut Resources Ltd announces start-up of the $4.9 Million 2008 Exploration Program on the HOAM project.
The Company is anticipating an exciting 2008 exploration year, given the following combination of very encouraging results from 2007:
- discovery of seven new kimberlite bodies within a new kimberlite province in Canada during Olivut’s first exploration season
- recovery of microdiamonds [...]
Paramount’s share purchase plan
by Jo Black
Paramount Mining Corporation Limited declares that the share purchase plan announced on 19 March 2008 and which closed on 4 April 2008 was well received by the Company’s shareholders.
The share purchase plan raised $748,000 by way of an issue of 21,371,565 fully paid ordinary shares at an issue price of 3.5 cents per share.
The funds [...]
Diamondcorp strengthens management
by Jo Black
DiamondCorp plc has strengthened its core management team with two senior appointments.
Mr Steve West has been appointed to the position of Head of Business Development and Mr Paul Sharples has been appointed to the position of Head of Mining. Both positions will be based at the Company’s Lace Mine near Kroonstad in the Free State [...]
Kopane drilling programme in Lesotho
by Jo Black
Kopane announces successful completion of the first two holes of the Liqhobong wide-diameter drilling programme initiated this year on the Main Pipe at the Liqhobong Mine, Lesotho. This programme, in conjunction with further bulk sampling and core drilling, is designed to upgrade the Pre-Feasibility Study (PFS) Resource Statement and forms a major element of the [...]
Zale appoints executive VP
by Jo Black
Zale Corporation, a leading specialty retailer of fine jewelry in North America, announced that William Acevedo has been named Executive Vice President, Chief Stores Officer. Mr. Acevedo will be responsible for store operations for all of the Company’s brands and will report directly to Neal Goldberg, President and Chief Executive Officer.
I have known William for [...]
Local musher beck wins Diavik 150
by Jo BlackDiavik Diamond Mine announces another successful Diavik 150 Canadian Championship Dog Derby. The action over the 3-day race was exciting, drawing teams not only from the home town of Yellowknife and elsewhere in Canada, but also from France and the United States.
John Beck of Yellowknife took top honours in this the 54th running of the [...]
KimCor sale of 31.4 carat diamond
by Jo Black
KimCor announces the sale of a 31.4 carat diamond recently recovered from the Company’s Nooitgedacht alluvial diamond mine at private tender on 2 March 2008.
* The stone sold for a unit price of US$226,080, or US$7,200 per carat;
* The average sales value per carat for Nooitgedacht diamond production for the financial year to date is [...]
GIA’s first two graduates of BBA program
by Jo Black
The first two graduates of the Gemological Institute of America (GIA) Bachelor of Business Administration program have been granted their BBA degrees. They are Wade H. Clar, Jr. and Tyler Harden.
The BBA program provides a comprehensive business education with a specialized focused in the jewelry industry.
Clar, from Canandaigua, New York, received his BBA on December [...]
Novori named online distribution for Demeter
by Jo Black
Novori Inc. — a leading online interactive retailer of fine diamond engagement rings and jewelry — announces an agreement with Zalemark Inc., granting Novori the exclusive online distribution rights for the Zalemark celebrity-endorsed Demeter jewelry line. This women’s collection of fine jewelry features exquisitely crafted and designed pieces by award winning designer Steven Zale in [...]
GIA’s 2009 Gemological Research Conference
by Jo Black
A broad, international spectrum of individuals across academia, the research community, and the gem and jewelry trade have agreed to serve on the Advisory Committee for GIA’s second Gemological Research Conference (GRC), planned for August 21–23, 2009.
GRC Advisory Committee members will help with program planning, review abstracts and disseminate information about the conference. A number [...]
Cream opens second diamond test
by Jo Black
Cream Minerals Ltd. has started work on the Benduma Dyke structure in addition to test production from the Hima Dyke structure on its mining licence on the Sewa River in Sierra Leone. Permits were received in February from the Department of Mines and from the Lugbu Chiefdom to carry out this work. Several infrastructure projects [...]
Whitehall changes Directors
by Jo Black
Whitehall Jewelers Holdings Inc. of Chicago has appointed Mr. Daniel Platt as director of the board following the resignation of Charles Philips. Daniel Platt was elected by written consent of the Registrant’s Board of Directors as a Director.
Mr. Platt, age 35, has been employed by Prentice Capital Management, LP since May 2006. Mr. Platt is [...]
Pitchstone provides Athabasca results
by Jo Black
Pitchstone Exploration Ltd. provides an update on exploration results on the Darby, Candle and Waterfound properties in the eastern Athabasca Basin, Saskatchewan. The properties are part of a 50:50 joint venture between Pitchstone (operator) and Uranium One Inc., JCU (Canada) Exploration Company, Limited has a 25% interest in Candle.
Diamond drill hole CD-25 intersected a narrow [...]
KimCor provides operations update
by Jo Black
KimCor announces that a number of capital programmes have been completed and diamond mining and tailings recovery operations that have been idle for some time have been re-started.
Highlights
* Phase one modifications to the Company’s largest tailings reprocessing plant (’SMI4′), completed under budget, and the plant re-started;
* Modifications to increase the capacity and efficiency of the [...]
Peregrine 2nd closing of private placement
by Jo Black
Mr. Brooke Clements, President of Peregrine Diamonds Ltd. announces the completion of a further portion of its non-brokered private placement of units for gross proceeds of $808,000. A total of 2,020,000 “non-flow-through” units consisting of one common share and one-half of a share purchase warrant were sold at a price of $0.40 per unit. Each [...]
IDL diamond certification to Damas
by Jo Black
Consumers wishing to purchase the best quality diamond jewelry and products, can now buy with confidence as the result of a new agreement signed between the International Diamond Laboratories (IDL) and Damas. As from this week, IDL certificates are available with diamond jewellery from any of Damas showrooms with in-house brands including Hayati, Dibla, Solitaire, [...]
Sola adds new kimberlite discovery
by Jo Black
Sola Resource Corp. has intersected a new kimberlite approximately 3 kilometers west of the Carolina kimberlite diamond deposit.
The new kimberlite discovery lies approximately 60 meters upstream from 2.3-carat gem quality diamond recovered during a kimberlite indicator mineral (KIM) sampling program. This kimberlite discovery is a direct result of the integration of the stream sediment survey [...]
Pan African updates Madagascar
by Jo Black
Pan African Mining Corp. reports that results have now been received for detailed follow-up sampling of certain minor tributaries of the Fandiavo River in the Southeast of Madagascar within the Company’s license area B3 near the port of Manakara. A tight clustering of samples with high ilmenite counts was outlined in a minor ephemeral tributary [...]