Junior miners are hoping that the brighter mood in South Africa’s sector will translate practically into more exploration and development. The post Easier road ahead for junior miners? appeared first on Miningreview.com.
Tag: DMCC
World Diamond Council (WDC) president Edward Asscher foresees that the diamond industry will soon have two distinct value chains, one encompassing responsibly sourced diamonds and one that does not. During the closing session of the 2021 Intersessional Meeting of the Kimberley Process (KP), he questioned the readiness of certain KP
Mere days after announcing a huge 1,098-carat stone find at their Karowe mine in Botswana, Lucara has another reason to rejoice: The miner just unearthed an even bigger diamond weighing 1,174 carats from the same mine, IDEX Online reports. Credit: Debswana In a statement, the company explained: “On
Angolan State diamond marketing company Sodiam held its third rough diamond auction on June 24, selling $56.64-million worth of diamonds recovered at the Uari, Lulo, Catoca and Luele mines. Aside from a diversified pack of special diamonds, a batch of run-ofmine diamonds from Luele in the Luaxe region, were also
AECI Mining Explosives has developed a ground-breaking alternative booster technology manufactured from non-explosive raw materials. The post AECI Mining Explosives develops alternative booster technology appeared first on Miningreview.com.
Botswana-focused Lucara Diamond Corp on Thursday announced C$38-million in financing to support the development and ongoing operation of its Karowe mine. The Vancouver-headquartered company will raise C$22-million on a bought-deal basis at C$0.75 a share and C$16-million in a concurrent private placement to Nemesia and other investors.
