Mining & Exploration

Kyrgyzstan: Diamond Deposits Found, According to Government

Kanatbek Madumarov, Kyrgyzstan’s Director of the Precious Metals Department, claims that ongoing geological explorations have found diamond deposits but said that the diamonds were “hard to reach,” according to IDEX Online.   According to the report, the central Asian nation is “one of the world’s poorest countries,” with a quarter
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Lucapa Finds a 160-Carat Gem at Lulo

Lucapa Diamond has recovered a 160-carat white, Type IIa diamond at its 40%-owned Lulo alluvial mine in Angola, Rough & Polished reports. It is the 28th +100 carat diamond recovered at Lulo to date, and the 6th largest ever recovered there.   The 160-carat gem was mined from the same
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Lucapa receives A$5m dividend from Angolan subsidiary

ASX-listed Lucapa has reported a healthy performance from by its 40%-owned subsidiary Sociedade Mineira Do Lulo (SML), which operates the Lulo alluvial mine, in Angola, with Lucapa receiving a A$5-million net dividend payment for the six months ended June 30. The company posted multiple records from both the Lulo mine
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BlueRock sold six diamonds for more than $50 000 each at August tender

Aim-listed BlueRock Diamonds, which operates the Kareevlei mine, in South Africa’s Northern Cape province, sold six diamonds for more than $50 000 each in August. “We are pleased with the results of the August tender, in which we sold a record six high-value stones, bringing the average 2022 price of
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