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
Mining & Exploration
Mountain Province has announced that it intends to put up for sale a rare 151-carat colored diamond during its upcoming September sale, Rough & Polished reports. The 151.60-carat octahedron gem, which has “exceptional clarity,” was mined at Gahcho Kué in Canada’s Northwest Territories. It will be offered for sale
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
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
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
Diamond miner De Beers’ rough diamond sales for its seventh sales cycle this year amounted to $630-million. Sales were slightly lower than the $638-million of diamonds sold in the sixth sales cycle.