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Mining & Exploration

Finland: Pink Diamonds Found at Europe’s First Diamond Mine

Karelian Diamond Resources, which is exploring the Lahtojoki deposit on Finland’s eastern coast for diamonds, has announced the discovery of pink diamonds there, IDEX Online reports.   Credit: Rio Tinto   The Lahtojoki deposit “aims to develop as Europe’s first diamond mine outside Russia,” according to the report. In its
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Diamcor focusing on resumption of operations

With the continuation of the Covid-19 global pandemic, Canada-based junior miner Diamcor’s focus for the three months ended September 30 remained on maintaining reduced costs, the resumption of operations on an appropriate basis and the finalisation of Phase 1 of the company’s announced preparations for increased processing volumes in the
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Petra concludes share consolidation

London-listed Petra Diamonds’ share consolidation became effective on November 29 following shareholder approval at the company’s annual general meeting on November 19. Admission of the company’s new ordinary shares to the premium listing segment of the official list of the Financial Conduct Authority and to trading on the LSE main
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Bots government assists diamond sector amid Covid

The Botswana government has been instrumental in ensuring that the lucrative diamond mining industry was able to sell to the market despite the impact of the Covid-19-related disruptions.   The Botswana economy relies heavily on the diamond industry, as it is a major source of income for the country.
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Law firm creates outsourced compliance solution for mining industry

A specialist mining law firm, which prefers people to paper, has created an outsourced compliance solution for Africa’s mining industry. NSDV will not simply rely on the paper trail when a client calls with an issue, but instead phone, WhatsApp, or drive there and chat to the officials.
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De Beers ninth sales cycle provisionally brings in $430m

Diamond miner De Beers Group earned about $430-million from the sale of rough diamonds during its ninth sales cycle of this year. Owing to restrictions on the movement of people and products in various jurisdictions around the globe, De Beers has continued to implement a more flexible approach to rough
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