Mountain Province stock takes off on 74% diamond resource increase

We have said previously that Africa is the new land of opportunity for speculators and investors.

Johannesburg based engineer and project delivery company DRA Global has commented that it is pleased and proud that its innovative process plant designs have assisted in the recovery of very large diamonds at the Karowe mine of Boteti Mining (Pty) Ltd, a 100% owned subsidiary of Lucara Diamond Corporation.

The job cuts, part of a major overhaul, are far greater than the 53,000 positions the miner said it would cut in July.

The Gahcho Kué mine will take in a number of the hundreds of workers laid off at Snap Lake.

The groundwater was being stored due to high concentrations of dissolved solids including mineral salts.

Mine in Canadian arctic has never turned a profit.

The 187.7-carat Diavik Foxfire diamond will be showcased in London before returning to Antwerp for detailed assessment.

The sale marks the end of De Beers' century-long diamond mining history in South Africa.

A Faberge amethyst ring is to be raffled in London with the aim of raising £5,000 for a female to study at Camborne School of Mines (CSM) as part of a wider initiative to encourage more women into the mining profession.