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
Mining & Exploration
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
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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
Mining giant De Beers has announced its fourth quarter performance, reporting a drop in output of 14% to 6.7 million carats, Rough & Polished reports. The main reason for the drop: “Planned reductions in response to the lower demand for rough diamonds caused by the Covid-19 pandemic and operational challenges
Exports of rough diamonds mined by the Debswana Diamond Company fell 30% in 2020, statistics released by the Bank of Botswana showed Friday, as the coronavirus pandemic hit demand and global travel restrictions impacted trading. Debswana, a joint venture between Anglo American unit De Beers and the Botswana government, produces
