Lucapa has unearthed a 150-carat gem at its Lulo alluvial mine in Angola. According to IDEX Online, it is a Type IIa, D-color white diamond. This is the 36th +100-carat diamond recovered at Lulo since it began commercial production in 2015, and the fifth +100-carat from block 28 of
Mining & Exploration
The regulatory uncertainties and inability of the industry to transparently, quickly and efficiently apply for mining and prospecting rights in a corruption-free manner has had severe investment consequences, Minerals Council South Africa states in its Facts & Figures Pocketbook 2022. This is glaringly evident in exploration, which, the Minerals Council
Diamond miner Lucapa Diamond Company has reported record revenues for the full year ended December, on the back of a record operational performance at its Lulo alluvial mine, in Angola. Attributable revenue for the full year ended December reached A$69.1-million, with attributable earnings before interest, tax, depreciation and amortisation recorded
To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds. Lucara Diamond Corp is sinking an 800 m shaft to ensure the kimberlite orebodies at its Karowe mine keep
Having last year achieved the lowest fall of ground fatalities ever, South African mining’s next big safety challenge is to achieve greater safety in the use of trackless mobile machines – rubber-tired vehicles that operate in underground mines without making use of rail tracks. In 2021, South African mining suffered
The world is on a trajectory to reach 2.7°C of warming above pre-industrial levels, which is quite a long way mathematically from the 1.5°C that is required by the Paris Agreement. This was pointed out by Anglo American CEO Duncan Wanblad, quoting independent sources such as Climate Action Tracker.