DODAQ: First Online Cash Market for Certified Polished Diamonds

Are you in the diamond trade, or is diamond trading in you? If you’ve pondered this question, then you should check out the DODAQ diamond trading platform.
DiamondNe.ws is delighted to offer you the chance to save money on your initial transaction fees when trading polished diamonds via the DODAQ platform with our exclusive discount. Click on the title to learn more about the benefits of DODAQ and receive a DiamondNe.ws discount code …

Thabex Court Case Relating to Angel Diamonds Postponed

Thabex Limited shareholders are advised that the Case relating to Angel Diamonds (Proprietary) Limited (Case number: CIV/APN/333/2010) in the High Court of Lesotho was to be heard on 30 August 2010. The Case has been postponed to 6 October 2010 in order for the Court to finalise the security for costs by the applicants in [...]

Diamond Production Low but Diamond Prices Encouraging for Namibian Resources Since DIamond Produciton Recommenced

NAMIBIAN RESOURCES Plc has announced its final results for the year ended 28 February 2010.
The year to 28th February 2010 was disappointing as expected due to the cessation of production at Sonnberg following the near collapse of the international diamond market and soaring fuel costs. Our staffing was greatly reduced and care [...]

Shear Minerals Ltd. Closes $13.1 Million Private Placement Offering and Purchase of Jericho Diamond Mine

Shear Minerals Ltd. has successfully closed its marketed private placement equity offering (the “Offering”) and the completion of its purchase of the Jericho diamond mine and related assets in Nunavut (the “Jericho Acquisition”).
The Offering
Under the Offering, 139,451,000 conventional units (“Conventional Units”), each consisting of one common share (a “Common Share”) and one Common Share purchase [...]

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Sierra Leone Diamond Exports in First Half of 2009: $70 Million


The value of diamond exports from Sierra Leone in the first half of 2009 stand at around $70 million, having fallen by nearly half from the same period of 2008. The decline is attributed to a lower volume of diamonds exported as well as falling world prices for diamonds.

The value of the country’s exports is projected to be some $180 million, about 27% smaller than in 2008.

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Avi Paz

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