Major Rio Tinto has become the sole owner of Diavik diamond mine in the Northwest Territories of Canada, continuing its leading role in the Canadian diamond industry. The miner this week completed a transaction for the acquisition of the 40% share held by Dominion Diamond Mines in Diavik, following the
Tag: DMCC
Junior diamond miner Diamcor Mining has delivered 2 750 ct of rough diamonds for tender and sale in this quarter. The diamonds were recovered from the processing of quarry material at the company’s Krone Endora at Venetia project, in Limpopo, South Africa, will be tendered over the coming weeks.
London-listed Petra Diamonds will hold the first tender of rough diamonds recovered from the Williamson mine, in Tanzania, since the restart of operations, later this month. The mine was placed on care and maintenance in April 2020 in order to preserve its liquidity, at a time when diamond pricing was
World Diamond Council (WDC) President Edward Asscher spoke during the Opening Session of the 2021 Kimberley Process (KP) Plenary, calling for Kimberley Process members “to agree to expand the conflict diamond definition in order to support long-term consumer confidence,” Rough & Polished reports. Credit: Shutterstock.com Asscher highlighted the
Gem Diamonds has recovered a 101 carat rough diamond from its Letšeng mine in Lesotho. The rough diamond is white and Type II and was found on November 13th, 2021. A 101ct rough diamond from Letšeng Gem Diamonds is a leading global diamond producer of high value diamonds. The Company
In a recent interview with the Financial Times quoted by IDEX Online, Evgeny Agureev, Alrosa’s deputy CEO, warned that “the current shortage of rough diamonds could persist for several years.” Credit: Alrosa Agureev said: “Our industry will work with limited supply. There are projects, but these projects will
