Gem Diamonds has made a significant discovery at its Letseng mine in Lesotho, unearthing its fourth and fifth +100-carat diamonds of the year, IDEX Online reports. The UK-based miner recovered two high-quality Type IIa D color diamonds, weighing 117.47 carats and 110 carats.   Earlier this month, Gem Diamonds found

Lucapa Diamond Company has reported the discovery of a 208-carat Type IIa diamond at the Lulo mine in Angola. According to Mining Weekly, this is the third-largest diamond recovered from Lulo since mining started there in 2015.   To date, Lulo has produced 39 diamonds weighing over 100 carats. This

In 2022, Canada‘s trio of diamond mines – Ekati, Diavik, and Gahcho Kue – reached an unprecedented production value of US $1.58 billion (CAN $2.17 billion), as reported by Canada’s Natural Resources Department (NRCan).    According to IDEX Online, this marks a substantial 28% surge for these Northwest Territories-based mines.

De Beers has reported a 23% decline in rough diamond production for the third quarter of 2023, mainly attributed to planned reductions in its mines in South Africa, Diamond World reports.   In Q3, the total rough diamond production for De Beers totaled 7.4 million carats, with South Africa’s Venetia

Namdia, Namibia’s state-owned diamond marketing firm, achieved a remarkable 63% revenue increase, reaching a record $210 million, IDEX Online reports. Namdia is responsible for selling 15% of the run-of-mine production from Namib Desert Diamonds (Namdeb), a joint venture between De Beers and the Namibian government. The company reported a gross

Rio Tinto has reported a 37% drop in third-quarter production at its Diavik diamond mine in Canada’s Northwest Territories, IDEX Online reports.    This decline is attributed to the completion of an underground pipe and challenges in the open pit section of the mine, located 200 miles from the Arctic