ASX-listed Lucapa Diamond Company says a 170 ct pink Type IIa diamond, recovered from its Lulo alluvial mine, in Angola, is the largest pink diamond to be recovered in the last 300 years. The company and its partners Endiama and Rosas & Petalas have named the diamond the Lulo Rose.
Mining & Exploration
Gemfields has reported record auction revenue of $330.3-million for the 12 months ended June 30. In a report on the company’s operating results and financial position for the period, released on July 27, Gemfields also reported $181.2-million in total auction revenues for the six months ended June 30, with all
Diamond miner De Beers sold $630-million of rough diamonds in its sixth sales cycle for this year. CE Bruce Cleaver says the company continued to see steady demand for its rough diamonds, following “a period of consistently robust demand in the first half” of this year.
Letšeng does it again: Gem Diamonds has announced the recovery of a high-quality 114-carat white Type I diamond from its 70%-owned Letšeng mine in Lesotho, IDEX Online reports. This is the fourth diamond of 100+ carats recovered from the Letšeng mine in recent weeks. On June 11, Gem Diamonds
Botswana and De Beers are working out the “finer” details of a new diamond-sales pact and the southern African nation’s government is confident a deal will be struck, President Mokgweetsi Masisi said. An initial ten-year agreement governing terms for the sale of diamonds produced by Debswana Diamond Co — a joint venture
De Beers’ rough diamond production fell 4% to 7.9-million carats in the second quarter of the year, “primarily owing to the treatment of lower-grade ore at operations in both Canada and Botswana,” Mining Weekly reports. Production guidance for 2022 increased to 32-34 million carats, from 30-million to 33-million carats.
