Stellar Diamonds extends sale of Guinea assets, refinances loan
The diamond miner decided to offload those units to focus on its Tongo-Tonguma project in Sierra Leone, which has the potential to generate earnings of $45 million a year.
Mountain Province Diamonds Inc. confirmed that joint venture operating partner, De Beers Canada Inc. has reported that the permitting of the Gahcho Kué diamond project is progressing on schedule. The 24-month environmental review is nearing completion with the final hearing scheduled in approximately four months.
Figures for second quarter rough and polished diamond exports have come in at P6.79 billion, representing a marginal five percent drop from the first three months of the year, Mmegi Business has established.
Leading diamond producer and budding diamond center Botswana exported $352.6 million worth of rough and polished diamonds in June bringing half-year exports […]