Latest Breaking News On - Ellendale diamond project - Page 1 : comparemela.com

Gibb River Diamonds secures three mining leases in WA

Gibb River Diamonds (GIB) has received three mining leases, marking a significant step towards reviving the Ellendale Diamond Project.

Diamond Stocks added to watch list - (ASX: GIB) (LSE: GEMD) (LSE: KDR) (LSE: PDL)

Burgundy Buys Yellow Rough for Manufacturing Launch

New Ellendale Owners Raise $37m

O'Keeffe's Burgundy Diamond in $45m capital raising

O’Keeffe’s Burgundy Diamond in $45m capital raising Save Share Michael O’Keeffe-backed diamonds play Bergundy Diamond Mines has kicked off a $45 million capital raising via stockbrokers Aitken Murray Capital Partners and Euroz Hartleys. The brokers were seeking bids for 63 million new shares to raise $15.2 million in a single tranche placement, which would occur at the same time as the group raised $30 million via the sale of convertible notes. Michael O’Keeffe, the former boss of Riversdale Mining, is Bergundy Diamond’s biggest shareholder and a director.   Nic Walker The placement was at 24¢ a share according to terms sent to investors on Thursday morning, which was a 7.7 per cent discount to the last close and a 7.9 per cent discount to the 30-day VWAP.