Canadian diamond miner Mountain Province has seen confidence among rough diamond buyers return, spurring hope that a rebound is taking hold in an industry that has been crippled by the global pandemic. “The first sale of the year was excellent,” said CEO Stuart Brown. “The growing confidence among rough diamond
Tag: DMCC
TSX-V-listed Diamcor Mining is making “considerable progress” in increasing processing volumes, diamond recoveries and revenues since having resumed operations. Its Krone-Endora at Venetia mine, in South Africa’s Limpopo province, had been shuttered for most of 2020 amid Covid-19-related restrictions.
Debswana Mining Company, owned by De Beers and the Botswana government, cancelled a $1.3 billion contract to extend the lifespan of the Jwaneng diamond mine, Rough & Polished reports. The contract was signed with a unit of Australia’s Thiess. Credit: Debswana Instead, the extension project, dubbed “Cut 9”
Lucara Diamond, owner and operator of the Karowe diamond mine in Botswana, has announced the recovery of an “unbroken 341 carat top white gem quality diamond”. The gem was sourced from the south western quadrant of the South Lobe M/PK(S) unit. Credit: Lucara This isn’t the first big
The Lulo alluvial mine in Angola is the gift that keeps on giving, as Lucapa Diamond has announced the recovery of a 113-carat gem-quality white stone – the first +100ct diamond recovered from Mining Block 46, IDEX Online reports. To date, Lulo has produced 17 100+ carat diamonds. Credit:
Mountain Province Diamonds, a part owner of the Gahcho Kué diamond mine in Canada’s Northwest Territories, has announced the discovery of a 157.4 carat monster gem. This is the largest “gem quality” diamond recovered at the mine. The diamond, according to news reports, will be put on sale during the first
