Diamond miner De Beers – a subsidiary of diversified mining group Anglo American – increased its rough diamond production by 4% year-on-year to 9.6-million carats for the third quarter ended September 30. The higher output was achieved on the back of the treatment of higher-grade ore at Orapa, in Botswana,
Mining & Exploration
South Africa should leverage the hydrogen opportunity as part of its official economic reconstruction and economic recovery plan. Dr Cosmas Chiteme, the director of hydrogen and energy at Department of Science and Innovation, highlighted this as the top key message on the way forward at the conclusion of his address
Canadian junior miner Diamcor has put up 5,593 carats of rough diamonds in its first tender of the quarter – all sourced at its Krone-Endora at Venetia Project In South Africa, IDEX Online reports. Among the stones offered are “several individual gem quality diamonds in the Specials (+10.8 carats)
Notwithstanding the recent softening of the diamond market and issues that have affected production at the Cullinan and Finch diamonds mines, Petra Diamonds remains in a strong position, being considerably more resilient through its strengthened balance sheet and the implementation of its operating model, together with ongoing cash generation. Petra
Global mining major Rio Tinto is exploring commercial options for its Fort à la Corne (Falcon) joint venture (JV) project, in Saskatchewan, partner Star Diamond said on Friday. Citing a Rio Tinto Canada memo, Star Diamond said that the project continued to be on care-and-maintenance and that the major was
De Beers told its diamond buyers they can purchase stones on sweetened terms at its next sale, in the first sign the market is slowing after a bonanza that started during the global pandemic. The diamond industry was one of the surprise winners as the world economy rebounded from the
