Diamond Mines

Diamonds in Mozambique

Mustang Resources Ltd (MUS) Details Mustang Resources Limited primarily focuses on the exploration and mining of diamond and graphite projects in Mozambique. The company also engages in oil and gas business. It holds interest in the Save River and Sese diamond projects; Balama graphite project; and Dugas and Leblanc#3, Hensarling#1, and Sugar Valley#1 oil and […]

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Diamond Fields International Restarts Namibian Diamond Operations

Diamond Fields International Restarts Namibian Diamond Operations (Vancouver, Canada, June 5, 2015) – Diamond Fields International Ltd. (DFI:TSX-V) (“DFI” or the “Company”) Pursuant to an agreement between DFI’s Namibian subsidiary Diamond Fields (Namibia) (Pty) Limited (“DFN”) and IMD, DFN and IMD have begun a four-stage development program of DFN’s mining concessions ML-138, ML-139 and ML-111.

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Alrosa finds large Diamond

Alrosa unearths large 78.02-carat diamond from its Mir mine Story By Cecilia Jamasmie of Mining.com Russia-owned diamond miner Alrosa has unveiled a 78.02 ct. diamond from its Mir underground mine, estimated to be worth more than $600,000 if put on auction. The stone, measuring 28.5 х 28.4 х 24.2 mm, has a regular shape with minor technogenic damages

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Mandatory Ethical Sourcing of Minerals backed by E.U. Parliament

Agence France-Presse: European legislators on Wednesday unexpectedly voted in favor of a law requiring firms to ensure they do not use so-called conflict minerals from Africa and other areas that end up funding warlords. The legislation for compulsory regulation of the use of tungsten, tin, tantalum and gold, which are often used in computers and

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Lucapa Diamond Sells

Lucapa Diamond Company Ltd. sold a fourth parcel of diamonds from its Lulo diamond concession in Angola, achieving $2.3 million or $1,500 per carat. The parcel included a 63.05-carat, D, type IIa stone.  Lucapa’s proceeds from the four parcels, totaling 3,856 carats, reached $7.7 million, or nearly $2,000 per carat. The Lulo diamond field has produced fancy colored diamonds

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