TSX-V-listed Tsodilo Resources has been granted a renewal of its prospecting licence, in Botswana, for an area which contains the company’s BK16 kimberlite project. The licence renewal was granted by the country’s Ministry of Mineral Resources, Green Technology and Energy Security, and is valid for a two-year period from October
Tag: DMCC
The once troubled Ekati mine in Canada has new owners, and they predict the mine will produce no less than four million carats this year, IDEX Online reports. Credit: Dominion Diamond Corporation In February, a group of creditors “rescued” the mine from Dominion Diamonds, taking on $70 million
Unidentified stones that lured thousands of fortune seekers to a rural South African village to mine the land with picks and shovels were not diamonds as hoped, officials said on Sunday, but quartz stones with relatively low, if any, value. People from across South Africa travelled to KwaHlathi in the
Debswana Diamond Co. a unit of De Beers and a 50/50 partnership between Botswana and De Beers, has unearthed a 1,098 carat diamond in Botswana on June 1, IDEX Online reports. Credit: Debswana The huge gem is the largest since the company began operations five decades ago, and
The small and junior diamond mining industry in South Africa is in dire straits, says South African Diamond Producers Organisation (Sadpo) vice chairperson Lyndon de Meillon. “Over the past 16 years, we’ve lost about 90% of the companies involved in the sector and about 20 000 jobs. Covid-19 has exacerbated
Botswana’s main diamond mine comes through again: Lucara, which operates the Karowe mine in Botswana has recently announced the recovery of a 470-carat diamond from the mine, IDEX Online reports. Credit: Lucara The light-brown stone is the tenth +100-carat stone and the third +300-carat diamond recovered from the
