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Tag: Dubai Diamond Trading

Lesotho opens more border posts for return of foreign mineworkers

Lesotho has opened up more border posts to speed up  the return to work of locked-down foreign mineworkers. As reported  by Mining Weekly last week, 12 000 mineworkers had one border post at their disposal on re-entering South Africa from Lesotho and the opening of more border posts was requested.
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Anglo American calls for cooperative response in trying times

Diversified miner Anglo American CE Mark Cutifani has called for a society-wide response to the global Covid-19 crisis and says the miner is committed to global tax and the Extractive Industries Transparency Initiative (EITI). In its Tax and Economic Contribution report for the year ended December 31, 2019, Cutifani says
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Alrosa idles mine as several workers test positive for Covid

Russian diamond miner Alrosa has suspended work at its Inter underground mine, after several employees tested positive for Covid-19. Operations would be idled for one to two weeks, the company said in a statement on Thursday. The employees who tested positive for Covid-19 are treated at the Mirny hospital and
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Field teams resume activities at Pangolin’s Botswana exploration projects

TSX-V-listed Pangolin Diamonds on June 23 provided an update on recent activities at its various projects in Botswana, with all field teams now fully operational. It added that the Botswana Department of Mines had granted the company’s joint venture partner, Makunwu Civl Blasting, to proceed with a 500 t bulk
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BlueRock increases Kareevlei yearly run rate to 400 000 t

Aim-listed diamond producer BlueRock Diamonds achieved its target to reach a yearly run rate of 400 000 t and operational profitability through enhanced production at the end of 2019. In a statement on June 22, the producer, which owns and operates the Kareevlei diamond mine in South Africa, announced its audited
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The masters of the diamond world are losing control

For decades, shopping for uncut diamonds was a tightly scripted affair: First, persuade De Beers to add you to its list of handpicked customers. Then, 10 times a year, attend a week-long sale to buy exactly the amount De Beers offers you at whatever price it chooses. The system, which
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