Canada: Ekati Mine Set to Produce 4 Million Carats this year

Mining & Exploration

Canada: Ekati Mine Set to Produce 4 Million Carats this year

The once troubled Ekati mine in Canada has new owners, and they predict the mine will produce no less than four million carats this year, IDEX Online reports. Credit: Dominion Diamond Corporation In February, a group of creditors “rescued” the mine from Dominion Diamonds, taking on $70 million

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KZN ‘diamond rush’ unearths only quartz crystals, officials say

Unidentified stones that lured thousands of fortune seekers to a rural South African village to mine the land with picks and shovels were not diamonds as hoped, officials said on Sunday, but quartz stones with relatively low, if any, value. People from across South Africa travelled to KwaHlathi in the

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Debswana Diamond Co. a unit of De Beers and a 50/50 partnership between Botswana and De Beers, has unearthed a 1,098 carat diamond in Botswana on June 1, IDEX Online reports. Credit: Debswana The huge gem is the largest since the company began operations five decades ago, and

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Junior diamond mining sector in trouble

The small and junior diamond mining industry in South Africa is in dire straits, says South African Diamond Producers Organisation (Sadpo) vice chairperson Lyndon de Meillon. “Over the past 16 years, we’ve lost about 90% of the companies involved in the sector and about 20 000 jobs. Covid-19 has exacerbated

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Botswana’s main diamond mine comes through again: Lucara, which operates the Karowe mine in Botswana has recently announced the recovery of a 470-carat diamond from the mine, IDEX Online reports. Credit: Lucara The light-brown stone is the tenth +100-carat stone and the third +300-carat diamond recovered from the

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Project house DRA applies for secondary inward JSE listing

The 37-year-old South Africa-rooted project house DRA Global has applied for a secondary inward listing on the JSE under the main board’s construction and materials, engineering and contracting services sector. The diversified engineering, project and operations management group – now headquartered in Australia, where it is seeking a primary ASX

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