Lucapa Diamond has announced the recovery of a 180.87-carat white Type IIa diamond from the Lulo Alluvial Mine in Angola.    This is the second +100 carat diamond recovered from Lulo this year, and the 37th +100 carat diamond to be recovered from Lulo to date. Lucapa said in a

Recently, Botswana and De Beers ended their very lengthy negotiations with a new agreement that saw Botswana’s state-owned diamond trader receive 30% of Debswana’s output – a significant increase from the previous arrangement. Now, according to a report by IDEX Online, the government of Namibia “could seek an increased share

Petra Diamonds has projected a fall in diamond production for 2023 as it deals with the closure of the unprofitable Koffiefontein mine in South Africa and the process of reopening the Williamson mine in Tanzania, IDEX Online reports.   In addition to the challenges faced with mine closures, Petra also

Australia-based Burgundy will complete the purchase of Ekati, Canada’s first diamond mine, by June 30, according to IDEX Online. The seller, Arctic Canadian Diamond Company, bought the mine in February 2021 after Dominion Diamonds filed for insolvency.  Burgundy is also reviving the Ellendale mine in Western Australia.   According to

Russian mining giant Alrosa is set to commence the restoration of the Mir mine in 2023, as confirmed by Aisen Nikolaev, the head of Yakutia, during a meeting with President Vladimir Putin, Rough & Polished reports.   Nikolaev said: “We have been designing a new mine over the years, it

According to a government official quoted by Rough & Polished, Botswana remains optimistic about establishing a new diamond sales agreement with De Beers and believes that the ongoing negotiations will yield successful results. The current agreement between Botswana and De Beers, which is 85% owned by Anglo American, is set