De Beers has reported that its rough diamond production fell 5% year-on-year to 7.6-million carats in Q2 2023 “as a result of the planned reduction in South Africa while the Venetia open pit transitions to underground operations,” according to Mining Weekly. Despite the fall in production, the British-based miner
Mining & Exploration
Gem Diamonds has found what it calls “an impressive” 163.91-carat yellow diamond at its Letseng mine in Lesotho, IDEX Online reports, The UK-based miner has recovered two +100-carat gems so far this year at Letseng. The first one was found in March – a 122-carat D color Type II
Lucapa Diamond has announced the recovery of a 180.87-carat white Type IIa diamond from the Lulo Alluvial Mine in Angola. This is the second +100 carat diamond recovered from Lulo this year, and the 37th +100 carat diamond to be recovered from Lulo to date. Lucapa said in a
Recently, Botswana and De Beers ended their very lengthy negotiations with a new agreement that saw Botswana’s state-owned diamond trader receive 30% of Debswana’s output – a significant increase from the previous arrangement. Now, according to a report by IDEX Online, the government of Namibia “could seek an increased share
Petra Diamonds has projected a fall in diamond production for 2023 as it deals with the closure of the unprofitable Koffiefontein mine in South Africa and the process of reopening the Williamson mine in Tanzania, IDEX Online reports. In addition to the challenges faced with mine closures, Petra also
Australia-based Burgundy will complete the purchase of Ekati, Canada’s first diamond mine, by June 30, according to IDEX Online. The seller, Arctic Canadian Diamond Company, bought the mine in February 2021 after Dominion Diamonds filed for insolvency. Burgundy is also reviving the Ellendale mine in Western Australia. According to