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Tag: DMCC

De Beers’ Production Down in Q2 2023

De Beers has reported that its rough diamond production fell 5% year-on-year to 7.6-million carats in Q2 2023 “as a result of the planned reduction in South Africa while the Venetia open pit transitions to underground operations,” according to Mining Weekly.   Despite the fall in production, the British-based miner
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Gem Diamonds Finds 163-Carat Diamond at Letseng

Gem Diamonds has found what it calls  “an impressive” 163.91-carat yellow diamond at its Letseng mine in Lesotho, IDEX Online reports,   The UK-based miner has recovered two +100-carat gems so far this year at Letseng. The first one was found in March – a 122-carat D color Type II
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Huge 180-Carat Diamond Unearthed at Lulo

Lucapa Diamond has announced the recovery of a 180.87-carat white Type IIa diamond from the Lulo Alluvial Mine in Angola.    This is the second +100 carat diamond recovered from Lulo this year, and the 37th +100 carat diamond to be recovered from Lulo to date. Lucapa said in a
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The Botswana Effect: Could Namibia Ask More of its Deal with De Beers?

Recently, Botswana and De Beers ended their very lengthy negotiations with a new agreement that saw Botswana’s state-owned diamond trader receive 30% of Debswana’s output – a significant increase from the previous arrangement. Now, according to a report by IDEX Online, the government of Namibia “could seek an increased share
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Petra Expects Production Rebound Following A Challenging 2023

Petra Diamonds has projected a fall in diamond production for 2023 as it deals with the closure of the unprofitable Koffiefontein mine in South Africa and the process of reopening the Williamson mine in Tanzania, IDEX Online reports.   In addition to the challenges faced with mine closures, Petra also
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Ewoyaa DFS confirms economic viability; low capital intensity for Atlantic Lithium

Atlantic Lithium firmly believes that Ewoyaa will deliver long-lasting benefits for the Central Region, to Ghana and to West Africa. The post Ewoyaa DFS confirms economic viability; low capital intensity for Atlantic Lithium appeared first on Miningreview.com.
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