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Tag: Mining

Canada: Rio Tinto to Invest $40 Million to Extend Diavik’s Life-of-Mine

Rio Tinto has extended the life-of-mine life at its Diavik diamond mine in the Northwest Territories of Canada. According to Mining Weekly, Rio Tinto has announced a “$40-million investment in the first phase of underground mining below the existing A21 open pit.”   Sinead Kaufman, Chief Executive Minerals at Rio
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Lucapa Finds a Huge White Diamond at Lulo

Lucapa has unearthed a 150-carat gem at its Lulo alluvial mine in Angola. According to IDEX Online, it is a Type IIa, D-color white diamond.   This is the 36th +100-carat diamond recovered at Lulo since it began commercial production in 2015, and the fifth +100-carat from block 28 of
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ZCDC: Zimbabwe Produced 5 Million Carats in 2022

The state-owned Zimbabwe Consolidated Diamond Company (ZCDC) has announced that Zimbabwe produced 5 million carats of diamonds in 2022 – a rise compared to the 4.2 million carats it produced in 2021, Rough & Polished reports.   In December of last year, Winston Chitando, Zimbabwe’s mines and mining development minister,
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Huawei and Debswana Establish the “World’s First 5G Smart Diamond Mine”

Debswana, a joint venture between De Beers and the Botswana government, has announced “the world’s first 5G-oriented smart diamond mine project” in conjunction with the Chinese multinational technology corporation Huawei, IDEX Online reports.   Debswana and Huawei have connected over 260 pieces of equipment – like mining vehicles – at
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Mountain Province: Gahcho Kué Produces 5.52 Million Carats in 2022

Mountain Province Diamonds has announced production and sales results for Q4 (ended December 31, 2022) and 2022 from the Gahcho Kué Diamond Mine.    According to Rough & Polished,during Q4, 1,621,800 carats were recovered. For the full year 2022, 5.52 million carats were recovered (less than the guidance of 5.60
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Rio Tinto Expects to Produce Less Diamonds than in Diavik in 2023

Rio Tinto, which owns 100% of the Diavik Diamond Mine in the Northwest Territories in Canada, has lowered Diavik’s 2023 production forecast – from 4.5 to 5 million carats to 3 to 3.8 carats.   According to IDEX Online, Rio Tinto “gave no explanation for the lower forecast in its
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