In response to the impact of coronavirus on mining operations, wholesale trading activity and consumer traffic in key consumer markets, De Beers has cut its 2020 production guidance, Rough & Polished reports. The giant diamond miner has reduced production guidance from 32-34 million carats to 25-27 million carats in
Mining & Exploration
AGD Diamonds has announced that it found a “unique gem-quality diamond weighing 50.36 carats” at its Grib Mining and Processing Division in Russia on April 13, Rough & Polished reports. Credit: AGD Diamonds According to the company, its innovative use of “highly environmentally friendly technologies to dress kimberlite
What colours do diamonds come in jewellery? Diamonds are mined naturally in all the colours of the rainbow. But the 5 diamond colours you’re most likely to find in jewellery are yellow, black, pink, champagne, and the traditional white diamond. In this article, we explain their origin, properties and pricing so
Lucapa Diamond Company has revised its estimated diamond reserves at the Lulo mine in Angola, reporting that they are higher by 25% than previously thought. Credit: Lucapa According to IDEX Online, “independent consultants have assessed in-situ resources as 100,700 carats, more than five times the 2019 output of
More good news from the Letšeng mine in Lesotho: Gem Diamonds has announced the recovery of a high-quality white diamond weighing 114 carats – the second diamond bigger than 100 carats it has found this year. Credit: Gem Diamonds In February, Gem Diamonds recovered an exceptional 183 carat
Russian mining giant Alrosa has unearthed its first colored rough diamond at the new Verkhne-Munskoye deposit in Yakutia. The deposit started operations in 2018. Credit: Alrosa The stone is a bright yellow gem-quality diamond weighing 17.44 carats, recovered in mid-February from the Zapolyarnaya kimberlite pipe. In a press