De Beers lifted diamond prices at its third consecutive sale as an industrywide recovery from the coronavirus pandemic gathers pace. The world’s biggest diamond producer raised prices by about 4% at its second sale of the year, according to people familiar with the situation who asked not to be identified
Tag: DMCC
This week: Vision Blue helping world to achieve green dream with high-return prospects for investors; Alluvial diamond miners outline way to save fast-shrinking industry; And, Generator supplier completing two orders
Lucara keeps on shining: The miner announced it has unearthed an “unbroken Type IIa 378-carat gem quality top white diamond” from its Karowe mine in Botswana, IDEX Online reports. Credit: Lucara This is the second huge gem found in Karowe in the space of two weeks, following the
Mining giant De Beers has announced its fourth quarter performance, reporting a drop in output of 14% to 6.7 million carats, Rough & Polished reports. The main reason for the drop: “Planned reductions in response to the lower demand for rough diamonds caused by the Covid-19 pandemic and operational challenges
Exports of rough diamonds mined by the Debswana Diamond Company fell 30% in 2020, statistics released by the Bank of Botswana showed Friday, as the coronavirus pandemic hit demand and global travel restrictions impacted trading. Debswana, a joint venture between Anglo American unit De Beers and the Botswana government, produces
The VUP will transition the mine from open pit to underground and in so doing extending its lifespan by an incredible 23 years. The post De Beers’ darling delivered in 2020 appeared first on Miningreview.com.
