Sales for the world’s largest diamond miner by volume, Alrosa, came to a near halt in April, with the company only selling $15.6-million in rough and polished diamonds in the month. This compares with sales of $152.8-million in March and $405-million in January this year.
Tag: DMCC
Aim-listed BlueRock Diamonds has advised that its expansion plans for the Kareevlei diamond mine, in the Kimberley region of South Africa, remain on hold. The mine is, however, expected to reach full operating capacity by the end of May.
Diversified major Rio Tinto has introduced Covid-19 testing at its Diavik diamond mine, in the Northwest Territories, in Canada, as an additional precautionary measure to protect employees and community members. The miner said over the weekend that not for profit public health experts GuardRX have installed an on-site laboratory at
The 171 carat gem-quality white stone is the 15th +100 carat diamond recovered to date from the Lulo mine in Angola and the 2nd +100 carat diamond recovered for 2020. It is also the 4th largest diamond recovered to date since activities began at Lulo. This 171 carat white diamond
The origin of wedding rings is a fascinating one. The tradition of exchanging rings dates back 3,000 years, while the first diamond wedding ring was recorded in the will of a widow who passed in 1417. Why are rings, especially diamond rings, the ultimate symbol of romance? In this blog
TSX-listed Lucara Diamond Corporation has posted a net loss of $3.2-million, or $0.01 a share, for the quarter ended March 31. This compares with a net income of $7.4-million and earnings a share of $0.02 apiece reported for the quarter ended March 31, 2019.