Russian mining giant Alrosa has begun building a new “giant” mine to replace Mir, which was closed in 2017. The new mine will be called Mir-Gluboky, according to Mining Weekly.   Alrosa’s CEO Pavel Marinychev said the project would require an “estimated investment of 121.5-billion roubles ($1.26-billion), with production to

Lucara Diamond has found yet another huge gem at its Karowe Diamond Mine in Botswana. The diamond, a 692.3 carat behemoth, measures 46.5 x 40.7 x 28.4 mm and is described as a Type IIa high white gem.   According to Lucara, the stone was recovered in the MDR XRT

Lucara has recovered a 1,080.1-carat diamond from its Karowe Diamond Mine in Botswana. According to a press release, the 82.2 x 42.8 x 34.2mm stone is a “Type IIa top white gem of high quality.”   The 1,080.1 carat diamond is the fourth +1,000 carat diamond recovered from the South

Rio Tinto recently reported a 16% decline in quarterly diamond production at its Diavik mine in Canada, with a total of 970,000 carats in Q2 2023, compared to Q2 2022, according to IDEX Online.   In Q1 2023, Rio Tinto had reported recovering 954,000 carats – a 4% decrease compared

De Beers has reported that its rough diamond production fell 5% year-on-year to 7.6-million carats in Q2 2023 “as a result of the planned reduction in South Africa while the Venetia open pit transitions to underground operations,” according to Mining Weekly.   Despite the fall in production, the British-based miner

Gem Diamonds has found what it calls  “an impressive” 163.91-carat yellow diamond at its Letseng mine in Lesotho, IDEX Online reports,   The UK-based miner has recovered two +100-carat gems so far this year at Letseng. The first one was found in March – a 122-carat D color Type II