Russia's VTB signs agreement with China Construction Bank
This groundbreaking agreement with a major Chinese bank will regulate bilateral gold transactions between VTB and CCB. It will also enable VTB Bank to expand the number of counteragents and services offered on the Chinese commodity market while also boosting commodities trading between the two countries.
Diamcor's second tender of Q3 realizes $150/ct
Combined sales in the quarter surged 95% to 9,469 carats, according to a statement December 18. Revenue soared 78% to an estimated $1.2 million compared with sales in the previous period.
Deccan Gold Mines to commence drilling in Karnataka
South West Pinnacle is a premier exploration company with extensive experience in rendering exploration services involving exploratory drilling and report preparation and offers drilling rig, equipment and accessories along with experienced drilling and support crew.
DiamondCorp begins Diamond production at Lace mine
UK4 production from January to the end of March was scheduled to average 4 000 t/m, increasing to an average of 15 000 t/m between April and June, before reaching full production of 30 000 t/m from July 2016 onwards.
Dominion Diamond's sales, profit plunge in Q3 2016
Profit before income taxes for Q3 FY 2016 was $4.1 million compared to $59.1 million in Q3 of the previous fiscal. The Company reported a "Consolidated net profit attributable to shareholders of $4.1 million or $0.05 per share for the quarter".