Mining Shared Value (MSV), a nonprofit initiative of Engineers Without Borders Canada, reports that four mining companies have, so far, adopted the Mining Local Procurement Reporting Mechanism (LPRM), with two more confirming their plans to do so shortly. Ivanhoe Mines became the first company to use the international transparency standard
Mining & Exploration
Diamond miner Lucara Diamond has recovered an unbroken Type IIa 378 ct gem-quality top white diamond from milling of ore sourced from the M/PK(S) unit of the South Lobe at its 100%-owned Karowe mine, in Botswana. This recovery is the second gem-quality diamond of greater than 300 ct to be
Namakwa Diamonds, owner and operator of the Kao diamond mine in Lesotho, will put up an exceptional 25.97-carat fancy pink diamond online to be sold, according to IDEX Online. Credit: Namakwa Diamonds The stone, named Pink Dawn, was recovered in October 2020 and joins a distinguished list of
Canadian diamond miner Mountain Province has seen confidence among rough diamond buyers return, spurring hope that a rebound is taking hold in an industry that has been crippled by the global pandemic. “The first sale of the year was excellent,” said CEO Stuart Brown. “The growing confidence among rough diamond
TSX-V-listed Diamcor Mining is making “considerable progress” in increasing processing volumes, diamond recoveries and revenues since having resumed operations. Its Krone-Endora at Venetia mine, in South Africa’s Limpopo province, had been shuttered for most of 2020 amid Covid-19-related restrictions.
Debswana Mining Company, owned by De Beers and the Botswana government, cancelled a $1.3 billion contract to extend the lifespan of the Jwaneng diamond mine, Rough & Polished reports. The contract was signed with a unit of Australia’s Thiess. Credit: Debswana Instead, the extension project, dubbed “Cut 9”
