#diamonds 0 online
Members of #diamonds
Moderators
Members
click to invite
@ekim $MPVD rallied to CAD$4.75 and stuck like crazy glue to that price for the last half of trading. I predict a bought deal will be announced next week at CAD$4.75 to help alleviate the cash call issue. #diamonds
0
from #index,
click to invite
@ekim $PGD 's CAD$7.5 drilling+ programme this year could net an extra CAD$500 million to the NPV of Chidliak. I discuss it on my latest video post -- https://chidliak.blogspot.ca/2017/04/video-drilling-and-pea.html #diamonds
1
from #index,
click to invite
@Vaughan Diamond Sells for Record $71 Million at Sotheby's Auction https://www.bloomberg.com/news/articles/2017-04-04/sotheby-s-sets-world-record-selling-71-million-pink-diamond - The Pink Star was estimated to be worth more than $60 million. It’s the largest internally flawless diamond of its kind that the Gemological Institute of America has ever graded. The color is fancy pink, the highest grade, and the purity of its crystals ranks among the top 2 percent in the world. #diamonds
0
from #index,
click to invite
@Edp007 A new record.... 'Pink Star' diamond auctioned for record $71.2M in Hong Kong  http://www.torontosun.com/2017/04/04/pink-diamond-auctioned-for-record-712m-in-hong-kong #diamonds @Ekim
0
from #index,
click to invite
@ekim Dermot Desmond, the irish billionaire buying shares on the open market on the venture exchange. $KDI Quite odd as he usually does financings, etc. to funnel $$'s into the stocks and hence into the projects. #diamonds He owns 14.5% now of $KDI and a good chunk of $MPVD too.
0
from #index,
click to invite
@JamesKwantes Been an eventful few days in Botswana, which South African neighbours think of as "boring." Started by seeing and holding Lesedi La Rona, then site visit (pit and mill), then 6.5 earthquake - and early-morning 5.0 aftershock that I slept through. Today, George W. and Laura Bush flew out of Gaborone after a visit re women's health/HIV. We had to stop for the motorcade. Photo is W on Botswana TV #diamonds $LUC http://cdn.ceo.ca/1ceabrk-20170404_190818.jpg+
8
from #index,
click to invite
@JamesKwantes Here's one for the geos and #diamonds nerds: classic kimberlite indicator minerals in a boulder at Karowe stockpile, including some large garnet action at lower left. No rock samples from this site visit, however #againsttherules $LUC http://cdn.ceo.ca/1ceadas-20170404_114349.jpg+
4
from #index,
click to invite
@ekim Oh oh... $NAR 's CEO just let the world know where the next big kimberlite pipe is -- https://pbs.twimg.com/media/C8wY5JhUIAAmpkl.jpg:large #diamonds
2
from #index,
click to invite
@ekim Haywood on the buy side today. Still waiting on a financing deal that may include Haywood as an underwriter. 15:13:59 T 0.195 0.01 10,000 62 Haywood 85 Scotia 15:13:59 T 0.195 0.01 18,500 62 Haywood 2 RBC 15:13:11 T 0.195 0.01 11,500 62 Haywood 2 RBC 14:45:59 T 0.195 0.01 212 36 Latimer 2 RBC 14:45:59 T 0.195 0.01 1,000 62 Haywood 39 Merrill Lynch 14:45:59 T 0.195 0.01 2,500 62 Haywood 7 TD Sec 14:45:59 T 0.195 0.01 54,000 62 Haywood 2 RBC 14:45:10 T 0.19 0.005 4,000 62 Haywood 99 Jitney 14:45:10 T 0.19 0.005 9,000 62 Haywood 99 Jitney 14:45:10 T 0.19 0.005 1,000 62 Haywood 39 Merrill Lynch $PGD #diamonds
0
from #pgd,
click to invite
@ekim Dermot Desmond upping his $KDI position. Went from 14.35% to 15.14% in under 2 weeks. I suspect he is heading toward 19.9%. #diamonds
0
from #index,
click to invite
@ekim Are synthetic #diamonds made with the help of volcanoes. Oh the irony of it all - https://chidliak.blogspot.ca/2017/04/synthetic-diamonds.html
0
from #index,
click to invite
@ekim $DIA has some drill ready targets near Gahcho Kue....but looks like the fall financing was enough to pay the bills and not much else. Potential here..but no potential without the drill bit turning. #diamonds
0
from #dia,
click to invite
@ekim Nice photo of Mirny on twitter -- https://pbs.twimg.com/media/C-Sm_n6XcAARrEU.jpg:large #diamonds
1
from #index,
click to invite
@JamesKwantes Nice financing for $NAR - Lukas Lundin, Ross Beaty and Kaplan's Electrum fund as major shareholders now and a sub-$13M valuation. All eyes on Naujaat #diamonds
4
from #index,
click to invite
@ekim @JamesKwantes - All eyes on Naujaat? Not sure how far $5 million will go on Naujatt. I'm actually more curious at the first drillbit going into Mel. Haven't had a pure kimberlite grassroots hit in Canada in a very long time. A lot of strike outs in the last couple of years including $CVV and $ATV. $NAR has done the homework on Mel. See if they can get a reward.
0
click to invite
@JamesKwantes Speaking of #diamonds $LUC's Exceptional Stone Tender starts tomorrow in Gabarone. Their biggest yet, including a 374-carat beauty. The latter will go for a bigly price, I think https://www.lucaradiamond.com/assets/docs/2017-04-07-Catalogues.pdf
1
from #index,
click to invite
@ekim @RocketRed they have not found a flagship stone at Kelvin/Faraday yet. Maybe they will get lucky this time. $KDI #diamonds As far as Gahcho Kue...they did acknowledge the finding of a 150 Carat...which is a very decent size compared to the original lac de gras projects. Problem is that it was ugly and boart. Game of statistics...the next 150 carat stone might be clear ice...and then boart after that.
0
from #index,
click to invite
@JamesKwantes Good deep dive into global diamond production by country and company, by Paul Zimnisky http://www.paulzimnisky.com/2017-global-natural-diamond-production-forecasted-at-142m-carats-worth-15-6b #diamonds Canada 3rd largest producing nation by value (behind Russia, Botswana), at 14%
0
from #index,
click to invite
@ekim I wonder if William Lamb $LUC left the board of directors on $NAR so that they could make room for a board representative for either Ross Beaty or Electum. I think that makes sense...but sometimes you have to put the pieces together after the fact. It seemed strange that Lamb would leave the board of directors at the time. #diamonds
1
from #index,
click to invite
@JamesKwantes Doing some research and came across this recent article showing how widespread & blatant the corruption is in South Africa. The Gupta family (closely tied to SA prez Jacob Zuma & with extensive business interests in SA) tries to fly out with a suitcase full of #diamonds. Interesting Oppenheimer connection (article says Nicky is De Beers chairman but he's not any more) https://www.businesslive.co.za/bd/companies/transport-and-tourism/2017-02-20-diamonds-led-to-fireblade-shunning-guptas/
1
from #mbgtrends,
click to invite
@ekim De Beers sticking to the synthetic diamond producers. Synthetic diamonds will always have a carbon footprint as they require energy to make the stones and have nothing to do with kimberlite material. De Beers is basically saying that diamonds mined at a minesite could be carbon neutral if the kimberlite's natural ability to absorb carbon with a large surface area on the kimberlite material is used appropriately. Might even be a carbon credit. This video talks about it -- http://www.cnbcafrica.com/videos/2017/05/09/de-beers-aims-for-carbon-neutral-mining/ #diamonds
0
from #index,
click to invite
@ekim $MPVD earnings are out. Ran the numbers and my math tells me that they are trading at a 3X premium. Could be a rough morning for the stock. #diamonds
0
from #index,
click to invite
@ekim CPP Investment Board considering a bid for $DDC - http://ca.reuters.com/article/businessNews/idCAKBN18722Q-OCABS #diamonds
2
from #index,
@marketwired Lucara Achieves US$54.8 Million from Its First Exceptional Stone Tender of 2017 @marketwired/lucara-achieves-us548-million-from-its-first-exceptional $LUC #news/mining 15 stones, average US$31,000/carat. US$17.54 million for the 374-carat stone #diamonds
1
from #newsroom,
click to invite
@MiningBookGuy Sierra Leone rejects $7.8 million offer for world's largest diamond https://www.youtube.com/watch?v=6DiVo92zspo+ #SierraLeone #diamond #diamonds ~AUfrica #index That headline misleading ( this is 706 carats ... $LUC diamonds a lot bigger, right?)...in any case, sounds pretty disappointing, and the image not very flattering.
0
from ~aufrica,
click to invite
@ekim @MiningBookGuy #Sierraleone diamond will be kept intact as a rough diamond specimen to show the world. The $LUC one is going to be sliced and diced into some very fine and large #diamonds. The path of these two diamonds will be quite different.
1
from @miningbookguy,
click to invite
@MiningBookGuy @JamesKwantes - thanks. i'll copy @Ekim post here, provided additional insight: [ #Sierraleone diamond will be kept intact as a rough diamond specimen to show the world. The $LUC one is going to be sliced and diced into some very fine and large #diamonds. The path of these two diamonds will be quite different.]
1
from #index,
click to invite
@JamesKwantes Cheers @MiningBookGuy. Acc to $LUC CEO William Lamb at AGM yesterday (in answer to a query from jr diamond guy Paul Brockington), govt of Botswana was interested in retaining the Lesedi La Rona. But spending that kind of cash on a diamond a tough sell compared to what could be provided citizens with $$ (LUC paid US$100M plus in taxes to #Botswana last year) #diamonds
0
from #index,
click to invite
@ekim $KDI increases financing from $10 million to $12 million due to increased demand. One wonders why they had to put a 15% discount on it to begin with if demand was so great. #diamonds
1
from #index,
click to invite
@JamesKwantes $DDC looking good at 52-week highs (hit $24 in 2015). I can see CPP Investment Board jumping in as an investor but doubt they would bid outright for the company (re: recent Reuters report) #diamonds
0
from #index,
click to invite
@ekim @JamesKwantes CPPIB jumping in on $DDC tells me that if the CPPIB is looking at home for some hard assets...then there has been a slaughter in the industry. It is pretty clear to me that #diamonds with Canada and Canadian investors have a very estranged relationship. One only needs to look at a lot of investment attitudes on even this forum when it comes to Diamonds. Clear distinction compared to other commodities and not in a good way. Even look at $MPVD first attempt at financing Gahcho Kue involved leaving Canada altogether and looking once again at our great Monarchy.
0
from #index,
click to invite
@JamesKwantes True enough @ekim but I wouldn't write off Cdn diamonds-Canadian investment link just yet. Dare say most jr mining participants also ignorant of the shareholder wealth that has been created by Canadian #diamonds. New successes needed to re-establish that connection, for sure
0
from #index,
click to invite
@JamesKwantes Interesting. The buyer of Lucara's 374-carat diamond that sold for US$17.54 million in the latest Exceptional Stone Tender was diamond power player Laurence Graff https://www.forbes.com/sites/anthonydemarco/2017/05/16/graff-acquires-373-carat-rough-diamond-once-part-of-the-lesedi-la-rona/#6df523c647fa The diamond broke off from the 1,109-carat Lesedi La Rona, and Graff covets the Lesedi too. Maybe he'll purchase both pieces? A beautiful stone, one of my favourites from $LUC site visit http://cdn.ceo.ca/1chpa4g-20170403_152500.jpg+ #diamonds
1
from #index,
click to invite
@JamesKwantes I gotta post this Matthew Hart piece on the failed Lesedi La Rona auction again. A, because it's a journalistic tour de force, and B, because Hart touches extensively on Laurence Graff, who hated the live auction but was the buyer of the 374-carat stone anyway. Graff is on the short list to purchase the 1,109-carat Lesedi, certainly http://www.vanityfair.com/news/2016/08/why-buyers-shunned-the-worlds-largest-diamond $LUC #diamonds
0
from #index,
click to invite
@Vaughan De Beers taps into polished diamonds market with first-time auction http://www.mining.com/de-beers-taps-polished-diamonds-market-first-time-auction/ - The pilot auction, scheduled for June, will include a wide range of polished stones manufactured directly from the company’s own rough diamonds. #Diamonds #DeBeers
0
from #index,
click to invite
@ekim $DDC announces a maiden resource with a rock value of around $30 per tonne at Leslie Pipe. Don't think the milling costs would pay for that...let alone mining it. #diamonds Definitely a sign of a bottom in the diamond sector.
1
from #index,
click to invite
@JamesKwantes $NAR closes $5M financing - Electrum ($2M), insiders & some guy named Beaty ($2M) #diamonds Stock trading significantly below PP price
1
from #index,
click to invite
@JamesKwantes Further to @ekim on $DDC, Dominion has done a spring ground geophysics program on targets in the Lac de Gras Joint Venture property and may drill them later this summer. $NAR is the 40% JV partner, Dominion is operator http://www.ddcorp.ca/investors/news-single?id=2274177 #diamonds
0
from #index,
click to invite
@JamesKwantes Re #diamonds and millenials - have seen a couple of the "Real is Rare" videos & they're not bad. Also synthetic diamonds require enormous amounts of electricity to make. Greener? Maybe not
1
from #index,
click to invite
@ekim $KDI has officially deferred the Faraday 2 results from mid-may (missed that deadline) to end of May. Nice that you can just reset the date once you have already missed the initial date. They were about -6 million working capital on March 31st...so at least half of the financing is already gone. The Faraday 2 parcel should be around 600 carats and should be available end of May. Then Faraday 3 will be out at the end of June. That should be the last parcels of any reasonable quantity anywhere in Canada for at least another year. #diamonds.
0
from #index,
click to invite
@ekim $NAR is not the only ones with fancy orangey/yellow diamonds. $KDI and Dr. Rory Moore have just confirmed today that they officially have fancy Yellow stones in the Faraday 2 deposit in the macro sizes. #diamonds
0
from #index,
click to invite
@ekim Been following this one since it was a dime. Lots of calls for a double at five cents...but it is heading to a halfsy instead. #diamonds $TGV
0
from #tgv,
click to invite
@JamesKwantes Nice to see $NAR insiders stepping up on the latest PP (in addition to Beaty/Electrum). Chris Jennings, Gren, Blair Murdoch all putting serious $$ in SEDI:NAR #diamonds
0
from #index,
click to invite
@JamesKwantes Couldn't help but notice $KDI's largest 3 stones -- 4.72c, 4.28c & 3.45c -- in that latest NR very comparable in size to 3 largest from $NAR's Naujaat (4.42c, 4.16c, 3.53c). Kennady's parcel was twice the size (carats) of $NAR's as well #diamonds
1
from #index,
click to invite
@racker Lucara site visit: My trip to see the world's largest diamond, by @jameskwantes http://resourceopportunities.com/lucara-site-visit-big-stones-and-a-gem-of-a-mine/ $LUC #diamonds A SPECIAL OFFER: Until the end of the month, use coupon code MAY to receive $100 off the regular subscription prices.
2
from #index,
click to invite
@JamesKwantes Lucara site visit: Big diamonds, a gem of a mine. My feature on trip to Botswana to see the 1,109-carat Lesedi La Rona @jameskwantes/lucara-site-visit-worlds-largest-diamond-a-gem-of-a-mine $LUC #diamonds #Botswana #Lundin
6
from #index,
click to invite
@JamesKwantes On #diamonds we should get @EvenPrime in here, he's got a story or two ...
0
from #index,
click to invite
@JMC $ADD
0