Aim-listed BlueRock Diamonds has agreed nonbinding heads of terms with investment company Teichmann Group to provide capital to deliver the expansion project at the Kareevlei mine, in the Kimberley region. A £1.61-million loan note was agreed with the intention that it will be replaced by a convertible loan note, which will increase the
Mining & Exploration
Lucapa Diamond has announced the recovery of 138-carat diamond from its Lulo alluvial diamond mine in Angola, IDEX Online reports. Credit: Lucapa This is the 7th 100+ carat diamond recovered from Lulo this year, and the 24th 100+ carat diamond recovered since the mine became commercial in 2015.
The Lesotho-based Letšeng mine keeps on giving: according to IDEX Online, Gem Diamonds has unearthed a high quality 370 carat Type II white diamond from the mine. Last week, the same mine yielded a high quality 254-carat Type II white diamond. Credit: Gem Diamonds From January 1 to
Gem Diamonds has recovered a huge, 254-carat Type II white diamond from its Letšeng mine in Lesotho, IDEX Online reports. The 254-carat diamond is the first 100+ carat diamond found since a 126.9-carat type II diamond in January. In 2020, diamonds recovered at Letšeng achieved an average value of $1,908
The world’s biggest diamond producer may not be the first name that comes to mind in a ranking of top ESG performers. But that’s what the latest industry survey revealed. De Beers scored the highest in London-based Alva’s quarterly rating of environmental, social and governance perceptions this week gleaned from
Industry organisation the World Federation of Diamond Bourses (WFDB) has launched a campaign, Diamond Aid, to raise funds to help India in its battle against Covid-19. On April 28, the WFDB executive committee held an emergency session over Zoom and decided unanimously to mobilise the international diamond and jewellery industry
