Karo extends $50m VFEX bond following strong demand

Karo Mining, a subsidiary of Tharisa, has extended an offering of fixed-rate notes to raise $50 million through listing on the Victoria Falls Stock Exchange (VFEX). Tharisa said Karo has received keen interest in the bond with certain institutions...

Today

A man in the USA returned a diamond ring worth $40,000 to the owner

Thirty-seven-year-old American Joseph Cook found a diamond ring while combing a beach in Florida with a metal detector.

Today

RBC: Sergey Ivanov will step down as head of ALROSA

Sergey Ivanov, who has headed the world's largest diamond mining company ALROSA since March 2017, has decided to resign before the expiration of his employment contract. RBC was told this by a source close to the top manager and the news was confirmed...

02 december 2022

ALROSA presented to analysts the vision of the investment diamonds market of the Russian Federation

ALROSA presented to analysts of investment banks and financial companies its vision of the prospects of the Russian diamond investment market and the annual issue of a report on this topic.

02 december 2022

Mountain Province Diamonds completed phase one drilling for the Hearne Northwest extension discovery at Gahcho Kué Mine

Mountain Province Diamonds Inc. has provided phase one drilling results for the discovery of the Hearne Northwest Extension at Gahcho Kué Mine. The Hearne kimberlite is one of four kimberlites being mined at Gahcho Kué Mine, which is presently ranked...

02 december 2022

Diamonds, The Kimberley Process And Bullshit From The Stage

31 march 2017
(gemkonnect.com) - I was horrified when Martin Rapaport called the KP “bullshit” while taking questions on his presentation at the diamond industry Mines to Market conference organised by the Gem & Jewellery Export Promotion Council (GJEPC) in Mumbai over March 19 and 20. If the diamond industry stands mutely by while someone says the rough production data generated by the KP is worthless, it is telling the world that one of the pillars on which it rests its consumer assurance process is itself worthless. It is asking the world to rely only on mining company data. We all know what the global consumer thinks of that.