Tsodilo Resources Limited has closed a private placement to raise proceeds to the company of C$231,970. Proceeds from this financing will be added to the company’s working capital. Tsodilo Resources Limited is an international diamond exploration company engaged in the search for economic kimberlites at its Newdico (Pty) Limited and Gcwihaba Resources (Pty) Limited projects [...]

Petra Diamonds Limited says that the Kono kimberlite fissure project in Sierra Leone, a joint venture with Stellar Diamonds Limited, has been placed on temporary care and maintenance.  This decision will be reviewed by both parties when the rough diamond market improves sufficiently to achieve a more reasonable sales value for the Kono trial mining [...]