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Diamond miner Lucapa Diamond’s rough diamond revenue for the half year ended June 30 was $46.8-million on a 100% basis at an average price of $1 633 /ct. Lucapa recovers large and high-quality...
London-listed Petra Diamonds sold 696 194 ct of diamonds, recovered from its South African operations, for $79.3-million in the first tender of the company’s 2024 financial year. No exceptional...
As electric vehicles (EVs) gain traction, the strain on electricity supply, especially national power grids, will be more, with an increase in the carbon dioxide (CO2) emissions associated with...
Vancouver-headquartered Lucara Diamond has secured a short-term extension of the maturity of its $50-million senior secured working capital facility (WCF). The company says it will defer the...
London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, says it will maintain its full-year guidance on carat recoveries and sales, despite lowering its guidance for...
Canada-headquartered Lucara Diamond Corp has recovered a 692.3 ct white gem-quality diamond at its Karowe mine, in Botswana. The diamond is the fourth diamond weighing more than 300 ct to be...
While diamond mining operations in Canada’s Northwest Territories are unaffected by the wildfires scorching the region, De Beers and Burgundy Diamond Mines say they are assisting their employees...
Mining major Rio Tinto has donated C$250 000 to the United Way Northwest Territories (UWNWT) to support with wildfire response efforts in Canada’s Northwest Territories. Canada is facing one of...
Diamond miner Burgundy Diamond Mines on Friday said that its Ekati diamond mine, in Canada’s Northwest Territories, remained unaffected by wildfires. Canada is facing one of its worst-ever fire...
Canadian-headquartered Lucara Diamond Corporation has announced plans to reappoint William Lamb president and CEO of the company, as well as director, succeeding Eira Thomas. Lamb brings to the...
Julian Ogilvie Thompson, former chairperson of De Beers and Anglo American, has died at age 89 in Johannesburg. This followed a period of declining health, according to a family death announcement...
Russian diamond producer Alrosa on Monday reported a first-half net profit of 55.6-billion roubles ($551-million), down 35% from 85.3-billion a year earlier. The company said its revenue in the...
Mining major Rio Tinto has announced plans to build Canada’s largest solar plant at its Diavik diamond mine. The solar plant will feature over 6 600 solar panels that will generate approximately 4...
TSX-listed Lucara Diamond Corp has recovered a 1 080 ct Type IIa diamond at its Karowe mine, in Botswana – the fourth diamond weighing more than 1 000 ct to be recovered at the mine since 2015....
Emerald producer Grizzly Mining says the company’s latest emerald auction, which was held in Dubai earlier in August, generated record sales of $48.63-million. The auction saw the company offer its...
Gemstone miner Gemfields’ 75%-owned Montepuez Ruby Mining (MRM) subsdiary has entered into a legally binding contract with specialist engineering group Consulmet to build an additional processing...
Botswana's state diamond company is planning to diversify how it sells precious stones to the market as it gears up to receive far more supply under a multi-year deal the country struck with...
Diamond exploration and development company Botswana Diamonds says mining on the Marsfontein project, in Limpopo, South Africa, is a proof of concept that is working well. Marsfontein is designed...
Junior mining and exploration company Diamcor has narrowed its net loss for the financial year ended March 31, to $762 308, compared with a loss of about $2.4-million for the 2022 financial year....
The De Beers Group faced off tricky macro-economic conditions to record first-half earnings before interest, taxes, depreciation and amortisation (Ebitda) of $0.3-billion, with the diamond...
South African State-owned mining company African Exploration Mining and Finance Corporation (AEMFC) is actively searching for partnerships with South Sudanese mining companies, according to an...
An international team of scientists led by the University of Southampton has discovered that the breakup of tectonic plates is the main driving force behind the generation and eruption of...
The challenge of producing green hydrogen economically is now done and dusted. “That box has been ticked,” Anglo American Platinum CEO Natascha Viljoen assured Mining Weekly in a Zoom interview....
The value of rough diamond sales from global sightholder sales and auctions for diamond miner De Beers’ sixth sales cycle of this year reached a provisional figure of $410-million, down $46-million...
Diversified miner Anglo American’s diamond mining subsidiary De Beers Group has delivered first production from the underground operations at the Venetia mine, in Limpopo, which it built at a cost...
Diversified mining company Anglo American lifted second-quarter production by 11% compared with the second quarter in 2022, reflecting the ramp-up of its new Quellaveco copper mine in Peru, which...
Global miner De Beers' rough diamond production decreased by 5% year-on-year to 7.6-million carats in the second quarter as a result of the planned reduction in South Africa while the Venetia...
ASX-listed Lucapa Diamond Company has reported a strong second-quarter performance, with a record volume of material mined and treated at its Lulo mine, in Angola and its Mothae mine, in Lesotho....
TSX-V-listed Diamcor Mining, which owns and operates the Krone-Endora at Venetia diamond mine, in South Africa's Limpopo province, has acquired additional heavy equipment for use at the mine. The...
With an operational turnaround under way at diamond miner Petra Diamond’s Finsch mine, in South Africa; the restart of its Williamson mine, in Tanzania, running ahead of schedule; and the company’s...
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