Notwithstanding the recent softening of the diamond market and issues that have affected production at the Cullinan and Finch diamonds mines, Petra Diamonds remains in a strong position, being considerably more resilient through its strengthened balance sheet and the implementation of its operating model, together with ongoing cash generation. Petra
Tag: DMCC
Where machine data recording can be captured in the digital sphere, you can generate a complete picture of the equipment’s lifecycle. The post Kwatani goes digital on screen monitoring appeared first on Miningreview.com.
Mining and processing activities are being resumed in phases after giving due consideration to the threat perceptions in the licence area. The post Gemfields reports basic operations resume in Mozambique appeared first on Miningreview.com.
Lucapa has announced that Sociedade Mineira Do Lulo will be placing a number of exceptional diamonds, on an international diamond tender. The post Seven Lulo diamonds set for November tender appeared first on Miningreview.com.
Global mining major Rio Tinto is exploring commercial options for its Fort à la Corne (Falcon) joint venture (JV) project, in Saskatchewan, partner Star Diamond said on Friday. Citing a Rio Tinto Canada memo, Star Diamond said that the project continued to be on care-and-maintenance and that the major was
De Beers told its diamond buyers they can purchase stones on sweetened terms at its next sale, in the first sign the market is slowing after a bonanza that started during the global pandemic. The diamond industry was one of the surprise winners as the world economy rebounded from the
