Global miner Anglo American says its production for the fourth quarter of 2021 was flat compared with output in the fourth quarter of 2020. CEO Mark Cutifani noted on January 27 that operating levels across the group had been at about 95% of normal capacity throughout 2021 as a result
Mining & Exploration
Rio Tinto announced it has updated its full-year diamond output at Diavik, its diamond mine in Northwest Territories, Canada. According to IDEX Online, Rio Tinto expects a 3% increase to 3.84 million carats. Credit: Rio Tinto In Q4, production was up 27% – from 910,000 carats to 1.155
Canadian company Diamcor Mining has delivered about 3 103.40 ct of rough diamonds in January for its initial tender and sale of the New Year. These rough diamonds, which were recovered from the processing of quarry material at the company’s Krone-Endora at Venetia project, in South Africa, will be tendered
Aim-listed BlueRock Diamonds has sold a 6.8 ct diamond recovered from its Kareevlei mine in South Africa for $63 186 in its January sale. “We recently announced we had two potentially high-value stones to sell in the January tender and, although one fell under our $50 000 disclosure threshold, we
A surge in diamond demand that began in the early Covid lockdowns is showing no sign of easing, and now even the cheapest, smallest stones are getting caught up in a buying frenzy. Low-end diamonds — the sort that you might find in jewellery displayed in a local WalMart —
RioZim is weighing a listing on Zimbabwe’s Victoria Falls Stock Exchange, where trading is denominated in foreign currency, according to people familiar with the matter. The nickel, gold and diamonds producer is “seriously considering all options available to it under the legal framework of the country and will move in
