London-listed Gem Diamonds recovered 55 157 ct of diamonds in the six months ended June 30, compared with the 56 504 ct recovered in the prior half-year period. Diamond sales of 57 075 ct were, however, higher than the 54 573 ct sold in the prior comparable period.
Tag: DMCC
Lucapa Diamond has found a rare 170-carat pink Type IIa diamond at its 40%-owned Lulo mine in Angola. According to Rough & Polished, the rare gem, dubbed “The Lulo Rose”, is “believed to be the largest pink diamond recovered in the last 300 years.” The stone is the fifth
If a product causes less harm and leaves a smaller footprint than anything produced by a rival firm, then management considers it a win. The post Befriending the environment appeared first on Miningreview.com.
Firms in South Africa are struggling to fill critical levels of experience, without which the country will not manage sustained growth. The post Experience loss is key risk to consulting engineering appeared first on Miningreview.com.
South Africa’s Department of Mineral Resources and Energy has dismissed a third party’s appeal against the granting of a mining permit for Aim-listed investment company Kazera Global’s 60%-owned subsidiary Whale Head Minerals (WHM). WHM now expects to shortly receive final documentation allowing it to start heavy mineral sands (HMS) production
In the six months to June 30, rough diamond production of the De Beers Group increased by 10% to 16.9-million carats, reflecting a strong operational performance and higher planned levels of production to meet continued strong demand for rough diamonds. Underlying earnings before interest tax depreciation and amortisation (Ebitda) increased
