Rio Tinto, which owns 100% of the Diavik Diamond Mine in the Northwest Territories in Canada, has lowered Diavik’s 2023 production forecast – from 4.5 to 5 million carats to 3 to 3.8 carats. According to IDEX Online, Rio Tinto “gave no explanation for the lower forecast in its
Tag: DMCC
ASX-listed Lucapa Diamond Company achieved a solid performance in the fourth quarter, ended December 31, MD Stephen Wetherall says in the company’s quarterly activities report for the period. Lucapa has interests in two producing diamond mines – Lulo, in Angola, and Mothae, in Lesotho – in addition to an exploration
Diamond miner BlueRock Diamonds has suspended operations at its Kareevlei mine, in South Africa, following an unscheduled visit by officials of the Department of Mineral Resources and Energy (DMRE) on January 20. The officials issued an instruction in terms of Section 54 and Section 55 of the Mines Health and Safety
International diamond and metals exploration company Tsodilo Resources has negotiated a non-brokered private placement of 2.2-million units of the company, which will provide gross proceeds of C$440 188.20. Proceeds from the private placement will be used for the advancement of the Xaudum iron formation project, in Botswana, and for general
Canadian diamond miner Mountain Province has entered the 2023 cold weather and ice road resupply season with good momentum and a backdrop of a resilient rough diamond market,” CEO Mark Wall said on Thursday. Having had a challenging start to 2022, mainly owing to a spike in Covid cases at
Mining Weekly Editor Martin Creamer unpacks the 9 GW of various energy projects in the private sector; Africa’s position to export hydrogen; the now contained tailings breach at Petra Diamonds Williamson mine.