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Firestone diamond sale hits US$69/ct average

AIM-quoted diamond outfit, Firestone Diamonds’ latest diamond sale sold 195,330 carats for US$13.5 million. Firestone’s July and September 2017 diamond sale included the company’s second US$1 million stone, achieving an average value of US$69/ct. According to the company, the average realised value per carat represents the continued lower than expected …

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Kombat open pit mining granted clearance certificate

Trigon Metals has received the environmental approvals required to commence exploration at the company’s open pit mining project Kombat. Government recently awarded the company an environmental clearance certificate for proposed exploration on the mining licences held by Manila Investments (Pty) Ltd, an 80% owned subsidiary of Trigon. Valid for three …

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Full scale gender equality kicks off at De Beers

International Diamond group De Beers Group has started work on women and girls empowerment, including on diversity and inclusion. Katie Fergusson, Head of Social Impact at De Beers said the group is changing the historical legacy of women being under-represented. “Indeed, until the 1990s, it was illegal for women to …

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