Precious Stones

Reprocessing boosts diamond yield in Sierra Leone

By on August 8, 2014 in Mining, Precious Stones with 0 Comments
Reprocessing boosts diamond yield in Sierra Leone

The reprocessing of bulk sample tailings at London-listed Stellar Diamonds’ Tongo kimberlite dyke project in Sierra Leone, has yielded additional diamonds and increased the average grade to 155 carats per hundred tonnes (cpht).  According to CEO Karl Smithson, the grade compares favorably with the previously calculated resource grade of 120cpht and should impact positively on […]

Continue Reading »

Namibian lead and zinc mine gets another chance

By on July 23, 2014 in Mining, Power, Precious Stones with 0 Comments
Namibian lead and zinc mine gets another chance

London exploration company North River Resources has secured a US12-million dollar equity funding commitment from private equity firm Greenstone Resources. It will be used to re-open its flagship Namib lead and zinc mine near Swakopmund in Namibia. The company has released a mine development plan and site preparation and work to complete a feasibility study has begun. […]

Continue Reading »

Africa Focused Diamond Company, Paragon Diamonds to start operations soon

By on July 21, 2014 in Mining, Power, Precious Stones with 0 Comments
Africa Focused Diamond Company, Paragon Diamonds to start operations soon

Paragon Diamonds, the London-listed diamond company with a number of assets in Africa, aims to transform itself into a cash-generating diamond exploration and production company in Africa. This is according to Simon Retter, Paragon’s chief financial officer, who spoke at the company’s AGM held in Guernsey recently.“We have a solid portfolio of multi-stage projects in […]

Continue Reading »

Top