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Mining & Exploration

Australia: Fancy Yellow Diamonds Found at Ellendale Mine

India Bore Diamond Holdings (IBDH) and Burgundy Diamond Mines, the new owners of the Ellendale mine, have unearthed “good quality diamonds,” including fancy yellow diamonds up to 0.663 carats, in the Australian mine. The average size, according to the report quoted by IDEX Online, was 0.41 carats,   The diamonds
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Petra ends its financial year with strong sales in the latest tender

London-listed Petra Diamonds’ sixth tender for the 2022 financial year earned it $93-million in revenue from the sale of 569 496 ct of diamonds. “The Tender 6 results conclude a strong year for Petra’s diamond sales both in terms of pricing and the demand we have seen. The significant interest shown at Tender
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Illegal mining brazenness a significant concern to legitimate industry

Minerals Council South Africa legal deputy head Mxolisi Ngubane says that, although the prevalence of illegal mining is not new, the brazenness and evolving nature at which operations are taking place, is becoming increasingly concerning to the wider mining industry and especially to miners in hotspot or sensitive areas. Illegal
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Russia hits back at attempts to ‘politicise’ its diamonds

Russia condemned what it called a push to “politicise” its diamonds over the conflict in Ukraine and said attempts to question its compliance with the international diamond certification scheme were “totally unfounded” and “far-fetched”. The Kimberley Process, a coalition of governments, the diamond industry and civil society responsible for certifying
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Botswana, De Beers extend sales agreement to June 2023

The Botswana government and diamond miner De Beers Group have extended their existing agreement for the sale of Debswana’s rough diamond production by 12 months until June 30, 2023. Following further positive progress towards a new agreement being made in the first half of this year, the two parties have
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Rio Tinto considers exiting Canada diamond project, says partner

Diversified miner Rio Tinto has exercised its voting power to place the Star-Orion South diamond project, in Saskatchewan, Canada, on care-and-maintenance, its joint-venture (JV) partner said on Wednesday. Star Diamond said that, subject to fulfilling its existing obligations, Rio Tinto would not commit additional capital to the project during 2022
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