Tag: DMCC

Alrosa to invest More than $2 Billion in a New Diamond Mine

Russian diamond mining giant Alrosa will build a new mine on the site of flooded Mir in Yakutia, with investments in the project expected to amount to 126 billion rubles (more than $2 billion), according to Rough & Polished.   Head of Yakutia Republic Aisen Nikolaev said at a recent
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Lulo continues to deliver for Lucapa

Diamond miner Lucapa Diamond Company has announced significant recoveries from a bulk sample from its Lulo kimberlite operation, in Angola. The company said that some 20 diamonds had been recovered from the initial processing of around 20% of the kimberlite bulk sample, with five diamonds greater than 1 ct recovered,
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