State-owned Angolan National Diamond Trading Company (Sodiam) says it has received interest from five global tender and auction houses related to the development of these services in the soon to be established Angolan Diamond Bourse (ADB). Angola has about 14 active diamond mining sites and produced more than nine-million carats in
Mining & Exploration
Diamond exploration company Botswana Diamonds has published a three-dimensional (3D) model of a newly discovered kimberlite pipe at its Thorny River project in South Africa. “This is our first three-dimensional model of the kimberlite on Thorny River and thus represents an important step in the commercialisation of the project.
Diamond miner De Beers CEO Bruce Cleaver says positive consumer demand for diamond jewellery is supporting the continuation of retail orders for polished diamonds from the diamond industry’s midstream sector. This, in turn, also supported steady demand for De Beers rough diamonds during De Beers’ tenth and final sales cycle of the
The Gahcho Kué diamond mine in Canada’s Northwest Territories has delivered its largest-ever diamond– a 157.4 ct gem of exceptional quality, offering a morale boost for operator Mountain Province in a year that has been tough for diamond miners. The recovery shows that the mine, although a high-volume producer of
The prolific Lulo mine in Angola has procused yet another +100-carat diamond – its 16th since commercial operations began there five years ago, and the third +100 carat diamond recovered in 2020. The 127-carat white gem-quality diamond was recovered from the leziria (flood plain) area in Mining Block 24
De Beers raised diamond prices for the first time since the outbreak of global pandemic, signaling growing confidence in a rebound for the struggling industry. Prices increased by about 2% to 3% at the diamond giant’s final sale of the year last week, according to people familiar with the situation
