Monday, March 25, 2013

Largest Diamonds in the World

The Golden Jubilee at 545.67 carats is the largest known gem quality diamond. The rough stone weighed 755 carats and was discovered at the Premier mine, South Africa in 1985. The Golden Jubilee was presented to the King of Thailand in 1997 for his Golden Jubilee - the 50th anniversary of his coronation.
The Cullinan I, a pear shaped diamond weighing 530.20 carats ... known as the Star of Africa.

The Cullinan I is the largest of 9 large stones cut from the 3106 carat Cullinan Diamond. King Edward used it in the Sovereign's Royal Sceptre, part of the Crown Jewels on display in the tower of London.
The Incomparable. 890 carats rough was found in the town of Mbuji Mayi in the Democratic Republic of Congo (formerly Zaire) in the 1980s. Four years were spent studying and then cutting the stone, the biggest piece of rough ultimately yielded a gem weighing 407.48 carats; it is the third largest diamond ever cut. Internally flawless clarity and fancy brownish-yellow in color.
The Cullinan II is 317.40 carats, a cushion shaped diamond in the center-front of the Imperial State Crown of Great Britain. Cullinan II was also cut from the largest gem-quality diamond ever found, the Cullinan. It was named after Sir Thomas Cullinan, who opened the mine and was visiting on that eventful day. The nine larger stones of the Cullinan diamond remain in personal possession of the Royal Family.
The Spirit of de Grisogono, at 312.24 carats, is the world's largest cut black diamond. It is set with 702 white diamonds totaling 36.69 carats. This diamond originally had a rough weight of 587 carats and was mined several decades ago in west Central Africa.
The De Beers diamond was found in Kimberly mines in 1888, the rough stone weighed 428.50 carats. Weighing 234.65 carats finished, the De Beers is the 8th largest faceted diamond in the world.

The Red Cross is canary yellow cushion-shaped diamond with weight of 205.07 carats. The rough stone weighed 375 carats and was found in Kimberly mines South Africa in 1901. A Maltese Cross is distinctly visible in the top facet.
The Darya-ye Noor (Persian: دریای نور‎) which means "Sea of Light", or "Ocean of Light", weighing an estimated 182 carats.

Its colour, pale pink, is one of the rarest to be found in diamonds.

Friday, March 22, 2013

Christie's to auction 'perfect' 101 ct diamond

On 15 May 2013 Christie’s will auction in Geneva a pear-shaped perfect diamond weighing 101.73 carats. Offered for sale for the first time, this sensational gemstone is not only one of the largest pear-shaped diamonds known to date, it is also one of the world’s most perfect diamonds: a D colour, Type IIA Flawless gem. The rare brilliance and inner limpidity is only found in the chemically pure Type IIA diamonds, which account for less than 2% of the world’s diamond production.

Christie's said the rough stone weighed 236 carats when it was extracted from the Jwaneng mine (DeBeers) in Botswana and required 21 months to polish.

In November 2012, Christie's sold the cushion-shaped, colourless, 76.02-carat Archduke Joseph Diamond for a world record-setting $21.5 million.

Thursday, March 21, 2013

Bellatrix Exploration Ltd. - BXE.t

Bellatrix Exploration Ltd. - BXE.t assets comprise a high-quality portfolio of properties concentrated in key areas of Alberta and Saskatchewan, with some British Columbian assets in the Peace River Arch region.

The company has a multi-year drilling inventory of locations in Alberta, Saskatchewan and British Columbia.

On March 11, 2013 the company released NEWS

Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce the well test results of its most recent long reach Fahler horizontal liquids rich natural gas well.

At Ferrier, the Company drilled its first long reach Fahler horizontal liquids rich natural gas well (100% working interest) to a total depth of 5,205 meters with a horizontal length of 2,845 meters. The well was fracture stimulated in 36 stages and tested at varying rates over a 6 day period from 10 mmcf/d to 30 mmcf/d of natural gas with an estimated 35 bbls of liquids per mmcf of natural gas. The final test rates were 30 mmcf/d of natural gas with an estimated 1,050 bbls/d of liquids at 2,250 psi flowing pressure. Bellatrix tied the well in and it was placed on production in early March at an initial restricted rate of 20.4 mmcf/d of natural gas with an estimated 714 bbls/d of liquids at a flowing pressure of 2,380 ps.






Tuesday, March 19, 2013

ATAC Resources Ltd. - ATC.v

ATAC Resources Ltd. - ATC.v is advancing the flagship Rackla Gold Project in the Yukon.

The Rackla Gold Project is located 55 km northeast of Keno City covering an area over 1,600 sq km.

On March 19, 2013 the company released NEWS

ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or "the Company") announces that Agnico-Eagle Mines Limited ("Agnico-Eagle") today entered into a Subscription Agreement with the Company to make an investment of approximately C$13 million in ATAC by way of a non-brokered private placement consisting of Units. Both Boards of Directors have approved the transaction. Upon completion of this transaction, ATAC's cash position will be approximately C$27 million.

Under the terms of the Subscription Agreement Agnico-Eagle will purchase a total of 9,600,000 Units at a price of C$1.35 per Unit. Each Unit will consist of one common share and one-half of one share purchase warrant (each whole share purchase warrant a "Warrant").