BlueRock Diamonds: Kareevlei Can Achieve 90,000 Tons A Month

Mining & Exploration

BlueRock Diamonds: Kareevlei Can Achieve 90,000 Tons A Month

South Africa’s BlueRock Diamonds has said that results of a two-month test to determine the realistic capacity of the Kareevlei diamond plant show that “production of just below 90 000 tons a month is achievable, in line with previous guidance.” Mining in October and November yielded an “average grade

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Alrosa’s chief geologist, Konstantin Garanin said in an interview to news channel 1sn.ru that the Russian miner expects to find more diamonds in Yakutia and other places “which could take total reserves to an estimated 1.1 billion carats,” IDEX Online reports. According to Garanin, the most promising new territories

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De Beers’ final sales cycle of the year generates $410m

Diamond miner De Beers sold $410-million of rough diamonds in its final sales cycle of this year. “Demand for our rough diamonds over the final sales cycle of 2022 was in line with expectations, ahead of the normal seasonal closure of polishing factories in southern Africa over the Christmas period

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Studies confirm Kareevlei plant can achieve 90 000 t a month target

Aim-listed BlueRock Diamonds notes in an operational and corporate activity that the results of the two-month test to determine the realistic capacity of the Kareevlei plant at the diamond mine in South Africa, which started in mid-October and was carried out with the assistance of mining and processing specialists, confirmed

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Lucapa receives further A$8.8m tranche from Sociedade Mineira Do Lulo

ASX-listed Lucapa Diamond Company has received a further A$8.8-million tranche from diamond company Sociedade Mineira Do Lulo (SML). That completes the previously approved SML shareholder loan repayment of A$14.8-million, Lucapa said on December 14.

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South Africa’s mining production down 10.4% y/y in Oct

South Africa’s mining output decreased by 10.4% year-on-year in October, with platinum-group metals (PGMs), gold, diamonds and manganese ore having made the biggest negative contribution. Financial services provider Nedbank’s economics unit pointed out that this marked the ninth consecutive month of decline in mining production. “Erratic power supply, inflationary pressures,

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