Diamond exploration company Botswana Diamonds has published a three-dimensional (3D) model of a newly discovered kimberlite pipe at its Thorny River project in South Africa. “This is our first three-dimensional model of the kimberlite on Thorny River and thus represents an important step in the commercialisation of the project.
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Diamond miner De Beers CEO Bruce Cleaver says positive consumer demand for diamond jewellery is supporting the continuation of retail orders for polished diamonds from the diamond industry’s midstream sector. This, in turn, also supported steady demand for De Beers rough diamonds during De Beers’ tenth and final sales cycle of the
The Gahcho Kué diamond mine in Canada’s Northwest Territories has delivered its largest-ever diamond– a 157.4 ct gem of exceptional quality, offering a morale boost for operator Mountain Province in a year that has been tough for diamond miners. The recovery shows that the mine, although a high-volume producer of
De Beers raised diamond prices for the first time since the outbreak of global pandemic, signaling growing confidence in a rebound for the struggling industry. Prices increased by about 2% to 3% at the diamond giant’s final sale of the year last week, according to people familiar with the situation
Diamond miner De Beers said on Tuesday it had extended a ten-year sales agreement with Botswana by a year due to logistical challenges caused by the coronavirus pandemic, allowing the two sides more time to negotiate. The Anglo American unit, which is 15% owned by the government of Botswana, saw
Diversified miner Anglo American expects its production for 2021 to increase by 14% year-on-year and its unit costs to decrease by 3% year-on-year. In an investor update published on December 11, the miner said it had maintain a strong performance this year, despite Covid-19-related and other operational impacts.