Aim-listed diamond producer BlueRock Diamonds has sold three gem-quality diamonds weighing 8.4 ct, 10.6 ct and 9.7 ct for $214 000. Bluerock, which owns and operates the Kareevlei diamond mine in the Kimberley region of South Africa, sold the diamonds for $88 000, $73 000 and $53 000, respectively.
Mining & Exploration
Aim-listed Botswana Diamonds (BOD) says it had an eventful six months ended December 31, 2020, making significant progress on its diamond development projects in Botswana and South Africa. Some of the company’s highlights include discovering a new diamond-bearing kimberlite at its Thorny River project, in South Africa.
Diversified miner Anglo American’s De Beers subsidiary is serving to improve the group’s business profile by providing diversification and, most of the time, stability to its otherwise more closely correlated mining operations, reports risk assessment firm Moody’s in a recent report. With an overall Baa2 negative rating, Anglo’s business is
Zenith Security guards employed at diamond miner Petra Diamonds’ Williamson mine, in Tanzania, allegedly deliberately swapped rubber projectiles with metal shot in their weapons, causing serious harm to local residents shot on the company’s concession, UK corporate watchdog RAID said in a statement on March 25. Moreover, the watchdog said
Diamond miner Lucapa Diamonds has reported A$7.6-million in revenue from the sale of its latest parcel of rough diamonds from its Mothae kimberlite mine, in Lesotho. The company on Wednesday announced that 5 619ct of diamonds had sold for $1 050/ct, with the sale including a 215ct D-colour diamond and
Canadian mining company Lucara Diamond has mandated five international financial institutions for a secured project financing package of up to $220-million to fund the underground expansion of the Karowe mine, in Botswana. The syndicate comprises ING Bank, Natixis, Société Générale, London Branch, Africa Finance Corporation and Afreximbank. President and CEO