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Mining & Exploration

Diamond explorer Bill McKechnie feels South Africa has battery mineral exploration potential

The renowned exploration geologist linked to the colossal and still-thriving diamond discovery against all odds at the Venetia diamond mine in Limpopo, believes there is no reason why new battery and other specialist minerals cannot be discovered in South Africa, using the techniques that he applied in diamond exploration in
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Lucapa buys Merlin, makes plans for a restart

Diamond miner Lucapa Diamonds has struck an A$8.5-million deal to acquire the Merlin diamond project, in the Northern Territory, announcing plans to raise A$23-million to fund both the acquisition of the project and its advancement. The Merlin project is home to Australia’s largest mined rough diamond on record, and has
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BlueRock secures £1.61m loan for Kareevlei expansion

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
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Lucapa Finds 138-Carat Diamond at Lulo

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.
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Gem Diamonds Recovers a Huge 370-Carat White from Letšeng

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
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Gem Diamonds Finds 254-Carat Diamond at Letšeng

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
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