Merlin has the potential to be the only producing diamond mine in Australia. The post Lucapa makes strategic acquisition Down Under appeared first on Miningreview.com.
Tag: DMCC
Diamond miner Lucapa Diamonds has struck an A$8.5-million deal to acquire the Merlin diamond project, in the Northern Territory, announcing plans to raise A$23-million to fund both the acquisition of the project and its advancement. The Merlin project is home to Australia’s largest mined rough diamond on record, and has
Aim-listed BlueRock Diamonds has agreed nonbinding heads of terms with investment company Teichmann Group to provide capital to deliver the expansion project at the Kareevlei mine, in the Kimberley region. A £1.61-million loan note was agreed with the intention that it will be replaced by a convertible loan note, which will increase the
Sierra Leone is richly endowed with minerals such as iron ore, rutile, diamonds, bauxite, gold, platinum, zircon, ilmenite, chromite and columbite-tantalite (coltan). The post Live event: Unpacking Sierra Leone’s mineral potential appeared first on Miningreview.com.
Lucapa Diamond has announced the recovery of 138-carat diamond from its Lulo alluvial diamond mine in Angola, IDEX Online reports. Credit: Lucapa This is the 7th 100+ carat diamond recovered from Lulo this year, and the 24th 100+ carat diamond recovered since the mine became commercial in 2015.
This is a solution for the industry by collecting information from inaccessible areas, providing a new data source for mapping and analysis. The post Emesent and Datamine partner to enable geotechnical structure mapping appeared first on Miningreview.com.
