Lucara Diamond has recovered a 62.7-carat fancy pink diamond from its Karowe mine in Botswana – “the largest fancy pink gem to be recovered in Botswana and one of the world’s largest rough pink diamonds on record”, Rough & Polished reports. Credit: Lucara The stone, named “Boitumelo” (“Joy”),
Mining & Exploration
World Diamond Council (WDC) president Edward Asscher foresees that the diamond industry will soon have two distinct value chains, one encompassing responsibly sourced diamonds and one that does not. During the closing session of the 2021 Intersessional Meeting of the Kimberley Process (KP), he questioned the readiness of certain KP
Mere days after announcing a huge 1,098-carat stone find at their Karowe mine in Botswana, Lucara has another reason to rejoice: The miner just unearthed an even bigger diamond weighing 1,174 carats from the same mine, IDEX Online reports. Credit: Debswana In a statement, the company explained: “On
Angolan State diamond marketing company Sodiam held its third rough diamond auction on June 24, selling $56.64-million worth of diamonds recovered at the Uari, Lulo, Catoca and Luele mines. Aside from a diversified pack of special diamonds, a batch of run-ofmine diamonds from Luele in the Luaxe region, were also
Botswana-focused Lucara Diamond Corp on Thursday announced C$38-million in financing to support the development and ongoing operation of its Karowe mine. The Vancouver-headquartered company will raise C$22-million on a bought-deal basis at C$0.75 a share and C$16-million in a concurrent private placement to Nemesia and other investors.
Diamond miner De Beers recorded $470-million of rough diamond sales in its fifth sales cycle of this year. This is higher than the $385-million recorded in the fourth sales cycle of this year and significantly higher than the $56-million earned for the combined fourth and fifth sales cycles of 2020.