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
Tag: DMCC
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.
“This will boost our revenues and help Lucara Diamond Corp. move forward with key underground expansion activities for Karowe in 2020.” – Eira Thomas The post Lucara and HB Group announce partnership appeared first on Miningreview.com.
Amid uncertain times for the diamond industry, Canada’s Lucara Diamond Corp has managed to seal a supply agreement with a group in Antwerp, Belgium, that will secure regular cash flow, using a unique pricing mechanism. Under the agreement, the company will sell all the 10.8-plus-carat diamonds from the Karowe mine,
