Diversified miner Rio Tinto has extended the mine-life at its Diavik diamond mine, in the Northwest Territories of Canada, announcing a $40-million investment in the first phase of underground mining below the existing A21 openpit. “Rio Tinto’s decision to support the underground development of the A21 pipe was prefaced on
Mining & Exploration
Diamond company De Beers last year delivered a revenue of $6.6-billion and earnings before interest tax depreciation and amortisation (Ebitda) of $1.4-billion built on operational excellence across its producing assets. Rough diamond production increased by 7% to 34.6-million carats, reflecting strong operational performance and higher planned levels of production to
All policy in South Africa specifically relating to energy certainly does tend to be moving into a path of time and space where it really is incentivising the building out of renewable energy generation capacity in the country, said Anglo American CEO Duncan Wanblad on Thursday when the London- and
A 150 ct white diamond has been recovered from ASX-listed Lucapa Diamond’s Lulo alluvial mine, in Angola. The company on Thursday said that the stone was the fifth of more than 100 ct recovered from Mining Block 28, and was the thirty-sixth stone of more than 100 ct to be recovered
The state-owned Zimbabwe Consolidated Diamond Company (ZCDC) has announced that Zimbabwe produced 5 million carats of diamonds in 2022 – a rise compared to the 4.2 million carats it produced in 2021, Rough & Polished reports. In December of last year, Winston Chitando, Zimbabwe’s mines and mining development minister,
Debswana, a joint venture between De Beers and the Botswana government, has announced “the world’s first 5G-oriented smart diamond mine project” in conjunction with the Chinese multinational technology corporation Huawei, IDEX Online reports. Debswana and Huawei have connected over 260 pieces of equipment – like mining vehicles – at
