Mountain Province Diamonds has announced production and sales results for Q4 (ended December 31, 2022) and 2022 from the Gahcho Kué Diamond Mine. According to Rough & Polished,during Q4, 1,621,800 carats were recovered. For the full year 2022, 5.52 million carats were recovered (less than the guidance of 5.60
Mining & Exploration
Mining industry organisation Namibia Chamber of Mines (NCM) states that it is “very positive” on the trajectory of the local mining industry, stressing that it expects it to grow on the back of increased output from the diamonds and uranium sectors. “In the short term, growth in the mining sector
Rio Tinto, which owns 100% of the Diavik Diamond Mine in the Northwest Territories in Canada, has lowered Diavik’s 2023 production forecast – from 4.5 to 5 million carats to 3 to 3.8 carats. According to IDEX Online, Rio Tinto “gave no explanation for the lower forecast in its
ASX-listed Lucapa Diamond Company achieved a solid performance in the fourth quarter, ended December 31, MD Stephen Wetherall says in the company’s quarterly activities report for the period. Lucapa has interests in two producing diamond mines – Lulo, in Angola, and Mothae, in Lesotho – in addition to an exploration
Diamond miner BlueRock Diamonds has suspended operations at its Kareevlei mine, in South Africa, following an unscheduled visit by officials of the Department of Mineral Resources and Energy (DMRE) on January 20. The officials issued an instruction in terms of Section 54 and Section 55 of the Mines Health and Safety
International diamond and metals exploration company Tsodilo Resources has negotiated a non-brokered private placement of 2.2-million units of the company, which will provide gross proceeds of C$440 188.20. Proceeds from the private placement will be used for the advancement of the Xaudum iron formation project, in Botswana, and for general