“The exploration sector continues to face a challenging capital raising environment with no signs of a turnaround.” If the opening statement of the PDAC’s mid-year financing review doesn’t discourage you, read the full document: mineral-financing-mid-year-review-(core–fall-2015). Keep fighting. What else?
3.º Congresso de Geologia dos Países de Língua Portuguesa | 13-18 de Abril de 2016, Cidade da Praia – Cabo Verde Geologia como Ciência e a sua relevância na Economia e Sociedade no Espaço Lusófono Datas importantes Submissão de Resumos até: 30 de Novembro de 2015 Inscrição Antecipada até: 15 de Janeiro de 2016 Inscrição até: … Continue reading Congresso de Geologia dos Países de Língua Portuguesa, Cabo Verde 2016
The Angolan currency (Kwanza- Kz) lost 37% of its value (in USD) as a result of last year’s crude oil price crash. A carbon-dependent economy (with oil and diamonds being, by far, the country’s largest exports), Angola was hard hit by the evolution of oil prices in the international markets. One USD was worth Kz … Continue reading Angolan currency looses value (- 37%) in the last year
Stornoway Diamond Corporation (TSX:SWY) announces an update to the Renard Diamond Project Mineral Resource estimate – LONGUEUIL, Quebec, Sept. 24, 2015 (GLOBE NEWSWIRE). Highlights A 16% increase in the Indicated Mineral Resources of Renard 2 to 21.6 million carats achieved through the conversion of Inferred Mineral Resources to 700 meters depth. An 11% increase in the total Indicated … Continue reading Stornoway Announces Updated Renard Mineral Resource Estimate – September 2015
The Diamond Insight Report 2015 has just been released by De Beers, with a positive starting note. Do you agree? In its Foreword, the report starts by saying that: The launch of The Diamond Insight Report 2014 opened up the diamond industry to a wider audience and identified trends and opportunities for the industry to fulfil its … Continue reading THE DIAMOND INSIGHT REPORT – DE BEERS 2015
Lucapa Diamond Company Ltd. (ASX:LOM) announced the recovery of two 50+ ct diamonds in the Lulo diamond project. The press release highlights: Diamonds weighing 57.76 carats and 50.08 carats among 10 more large special diamonds (>10.8 carats each) recovered from Mining Block 8 at Lulo A total of 24 large special diamonds recovered to date from Mining Block … Continue reading Two 50+ ct stones recovered at the Lulo project