Maximizing diamond recovery while optimizing costs: this is the priority at the top of the list of every diamond producer. The post 98% recovery guaranteed for diamond miners appeared first on Miningreview.com.
Tag: DMCC
The global diamond industry has been particularly hard hit by the coronavirus pandemic, which has wreaked havoc on the health, social fabric and economies of the world, laments World Federation of Diamond Bourses (WFDB) acting president Yoram Dvash. With its main markets spread from Asia to North America, he says
Diversified miner Anglo American has acted with resilience in the face of the global Covid-19 pandemic, which has affected many of its operations in different countries, with some commodities being affected more significantly than others, CEO Mark Cutifani says. “Our comprehensive response supported the continuity of the majority of our
Diamond miner De Beers reported a 54% year-on-year decrease in production to 3.5-million carats in the second quarter of the year. This was owing to the Covid-19 lockdown measures in South Africa, Namibia, Botswana and Canada where the miner operates.
Aim-listed BlueRock Diamonds, which owns and operates the Kareevlei diamond mine in Kimberley, South Africa, has conditionally raised gross proceeds of about £1.2-million in an oversubscribed placing and subscription of more than 3.5-million new ordinary shares. Three of the company’s directors have also participated in the placing, the net proceeds
AIM-listed diamond miner BlueRock Diamonds has conditionally raised £1.2 million to fast-track its growth plans and to strengthen its current balance sheet. The post BlueRock Diamonds raises cash to increase diamond output appeared first on Miningreview.com.
