Following alluvial exploration activities undertaken in 2021, ASX-listed Lucapa Diamond Company and its partners have increased the Angola-based Lulo mine’s diamond resource in situ carats by 11%, from 135 900 ct as at December 31, 2020, to 151 040 ct at December 31, 2021, after accounting for mining depletion of 24 595
Tag: Dubai Diamond Trading
The largest white diamond ever to come to auction will hit the block at Christie’s in Geneva on May 11. The 228-carat, pear-shaped diamond carries a presale estimate of $20 million to $30 million (~R434 million). The stone, which is about the size of a chicken’s egg, was mined about
Zimbabwe’s biggest rough diamonds miner sees Russia’s invasion of Ukraine triggering “far-reaching consequences” for the global gem industry and possibly lifting demand for its own diamonds. Russia’s Alrosa is the world’s biggest diamond producer by volume at 30% and the slightest disruption to its ability to supply distorts the market,
National Assembly speaker Nosiviwe Mapisa-Nqakula on Monday urged heads of the world’s Parliaments gathering at the 144th plenary assembly of the Inter-Parliamentary Union to undertake all necessary efforts to deal with climate change through oversight and the constitutional powers of the institutions they lead. Mapisa-Nqakula stated that in South Africa,
Diamond mining company Debmarine Namibia on March 18 officially inaugurated its latest diamond recovery vessel, christened on the day as the Benguela Gem (previously the AMV3), at the Port of Walvis Bay, Namibia. Debmarine Namibia is a joint venture marine diamond and prospecting company owned by the government of Namibia
Let’s give energy sovereignty to the world. Renewable energy is everywhere. Every country can produce it. Now is the time to capture it, and have full energy freedom, enthused Fortescue Metals Group nonexecutive chairperson Andrew Forrest, while being interviewed by CNN anchor Christiane Amanpour. “The world does have a choice.