The proceeds will be used for working capital to support the development and ongoing operation of the Karowe diamond mine. The post Lucara enters agreements to raise funds for Karowe expansion appeared first on Miningreview.com.
Tag: DMCC
Mine.it Africa – Connect is the result of innovative and successful digital and online engagement by Clarion Events. The post Now you can access DRC Mining Week Online content on demand! appeared first on Miningreview.com.
Diamond miner De Beers recorded $470-million of rough diamond sales in its fifth sales cycle of this year. This is higher than the $385-million recorded in the fourth sales cycle of this year and significantly higher than the $56-million earned for the combined fourth and fifth sales cycles of 2020.
Diamond miner Lucara Diamond Corp has recovered a 1 174.76 ct diamond from its Karowe mine, in Botswana. It is the third diamond weighing more than 1 000 ct to be recovered from South Lobe of the AK6 kimberlite since 2015. In recent years, Lucara had recovered the 1 758 ct Sewelô and
Junior mining company Star Diamond, which is involved in a legal wrangle with Rio Tinto Canada over a Saskatchewan project, says it has received a notice from the bigger company calling a meeting to seek approval of a proposed budget for the Star-Orion South project. According to Star Diamond, Rio
With the modern-day consumer demanding greater accountability and sustainability, the Kimberley Process (KP) must not be left behind, says World Diamond Council (WDC) president Edward Asscher. He spoke during the opening of the 2021 Intersessional Meeting of the KP, highlighting how consumers want to know about a diamond’s provenance and
