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.

Diamond miner Lucara Diamond Corp has recovered a 1 174.76 ct diamond from its Karowe mine, in Botswana. It is the third diamond weighing more than 1 000 ct to be recovered from South Lobe of the AK6 kimberlite since 2015. In recent years, Lucara had recovered the 1 758 ct Sewelô and

Junior mining company Star Diamond, which is involved in a legal wrangle with Rio Tinto Canada over a Saskatchewan project, says it has received a notice from the bigger company calling a meeting to seek approval of a proposed budget for the Star-Orion South project. According to Star Diamond, Rio