After trying to offload it for four years, Gem Diamonds finally sold its Ghaghoo mine in Botswana. According to Diamond World, Gem Diamonds sold the mine for $4 million to Okwa Diamonds, a company owned by Vast Resources and Botswana Diamonds. Credit: Free Wind 2014 / Shutterstock.com Ghaghoo
Tag: Israeli Diamonds
Angola, which was forced to reduce its guidance production to 9.3 million carats in 2021 due to the continued impact of the COVID-19 pandemic, has announced its plans to produce 13.8 million carats of diamonds in 2022, Rough & Polished reports. Credit: Lucapa Ganga Júnior, Chairman of the
Lucara has unearthed a 393.5-carat top white Type IIa gem quality diamond at its Karowe mine in Botswana, IDEX Online reports. It is the seventh +300-carat diamond recovered from Karowe in 2021. Credit: Lucara The huge gem was found at the M/PK(S) unit of the South Lobe, the
Petra Diamonds has recovered a 342.92-carat Type IIa white rough diamond at its Cullian mine in South Africa, IDEX Online reports. Credit: Petra According to Petra, the diamond has “exceptional” colour and clarity, and it will likely be offered for sale at the company’s September tender. Credit:
De Beers has reported its rough diamond production for the second quarter of the year, showing an increase of 134% year-on-year to 8.2-million carats, Mining Weekly reports. According to De Beers, the rise reflects “planned higher production” to meet stronger demand for rough diamonds. Full-year production guidance was updated
Russian mining giant Alrosa produced 7 million carats of diamonds in the second quarter of 2021 – a fall of 8% quarter-on-quarter but a rise of 22% year-on-year, Rough & Polished reports. Credit: Alrosa Alrosa has also reported sales of 11.4 million carats and $1.2 billion in revenue