As conditions in the global diamond market improve, Russian major Alrosa has decided to relaunch the processing plant of its Lomonosov mining and processing division, Severalmaz, on March 1. This is a month earlier than previously planned. The plant is set to process three-million tons of ore in 2021.
Mining & Exploration
Diamond miner Lucapa has recovered a 215 ct diamond from its Mothae mine, in Lesotho. The stone is the largest type IIa D-colour white diamond, and the second of more than 200 ct to be recovered at the 1.1-million tonne a year Mothae plant since commercial diamond mining operations started
Canada-headquartered Lucara Diamond Corp said on Monday that the strong price recovery of the fourth quarter has continued into 2021, and a stable, positive price environment was forecast for the year. Following an incredibly challenging year in 2020, the diamond industry began 2021 with a healthier supply-demand balance than it
De Beers lifted diamond prices at its third consecutive sale as an industrywide recovery from the coronavirus pandemic gathers pace. The world’s biggest diamond producer raised prices by about 4% at its second sale of the year, according to people familiar with the situation who asked not to be identified
This week: Vision Blue helping world to achieve green dream with high-return prospects for investors; Alluvial diamond miners outline way to save fast-shrinking industry; And, Generator supplier completing two orders
Lucara keeps on shining: The miner announced it has unearthed an “unbroken Type IIa 378-carat gem quality top white diamond” from its Karowe mine in Botswana, IDEX Online reports. Credit: Lucara This is the second huge gem found in Karowe in the space of two weeks, following the