The Latest DIAMOND News on the Web |
Mining news: DIAMONDZINC miner Perilya has reported further copper mineralisation at depth below its main Mount Oxide copper project near Queensland’s Mt Isa with intercepts the miner called “spectacular”.Diamond drilling hit 22m at 6.3% copper and 0.3% cobalt from 258m, 19m at 3.7% copper from 315m, 31m at 6.2% copper from 346m and 23m at 8.9% copper from 395m….more at MiningNews.net RBC Capital Markets forecasts positive diamond fundamentals despite credit crunchRBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, has published a research report that concludes that despite the worsening global economic climate, the fundamentals for diamonds remain positive. Des Kilalea, Analyst, Global Mining Research at RBC Capital Markets commented: “While the world economy lumbers through one of its worst [...] Diamond-treatment Plant for De Beers’ Marine VesselIn a R150 million (US$21 million) contract, Bateman Engineering designed the 250 t/h diamond-processing plant installed on board De Beers Marine (Pty) Ltd’s vessel mv Peace in Africa. The objective of the project was to establish a viable, sustainable marine mine producing 240,000 carats of diamonds in the South African Sea [...] |
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