LSE-listed diamond producer Gem Diamonds sold 28 461 ct of diamonds during the quarter ended March 31, up from 24 790 ct sold in the quarter ended December 31. It generated revenue of $52.1-million for the quarter, compared with the $50-million generated in the prior quarter, with the average price
Mining & Exploration
Shaft pre-sinking at Canadian-headquartered diamond mining company Lucara’s Karowe mine, in Botswana, was completed at the end of February. “Each shaft is approximately -52 m below collar. The final depth for the ventilation shaft is -730 m below surface, and -767 m below surface for the production shaft,” says Lucara
South African diamond miner BlueRock Diamonds, which is listed on the London Aim and operates the Kareevlei mine, in Kimberley, in the Northern Cape, has raised £2.1-million through the placing of six-million shares at 35p a share. The net proceeds will be used to provide additional working capital to enable
Diamond miner De Beers’ Anglo American parent company has announced the commissioning – “ahead of schedule and below budget” – of the Benguela Gem, the world’s most advanced diamond recovery vessel, according to a press release. The Benguela Gem forms part of the fleet operated by Debmarine, the 50:50
Diamond and metals explorer Tsodilo Resources is enthused about the completion of the final feasibility study (FFS) for the Trans-Zambezi Railway extension project between the towns of Grootfontein, Rundu and Katima Mulilo in Namibia. Tsodilo chairperson and CEO James Bruchs says the proposed rail extension is an important development for
The green hydrogen footprint being developed by Anglo American could be extended to provide low-cost and efficient energy to local communities. Anglo, which is advancing towards using green hydrogen to replace diesel in the huge haul truck it is building at Anglo American Platinum’s Mogalakwena mine in Limpopo, has presented
