Kanatbek Madumarov, Kyrgyzstan’s Director of the Precious Metals Department, claims that ongoing geological explorations have found diamond deposits but said that the diamonds were “hard to reach,” according to IDEX Online. According to the report, the central Asian nation is “one of the world’s poorest countries,” with a quarter
Tag: Mining
Mountain Province has announced that it intends to put up for sale a rare 151-carat colored diamond during its upcoming September sale, Rough & Polished reports. The 151.60-carat octahedron gem, which has “exceptional clarity,” was mined at Gahcho Kué in Canada’s Northwest Territories. It will be offered for sale
Lucapa Diamond has recovered a 160-carat white, Type IIa diamond at its 40%-owned Lulo alluvial mine in Angola, Rough & Polished reports. It is the 28th +100 carat diamond recovered at Lulo to date, and the 6th largest ever recovered there. The 160-carat gem was mined from the same
Commenting on an article published in the New York Times that says the US and other western countries are taking action that could officially label Russian diamonds as “conflict diamonds,” Russia’s Ministry of Finance said that Russia “has always been and remains an exclusively responsible participant in the Kimberley Process,”
The actual melting of Greenland is creating an opportunity for investors and mining companies “who are searching for a trove of critical minerals capable of powering the green energy transition,” according to a piece in CNN quoted by Rough & Polished. Jeff Bezos, Michael Bloomberg, Bill Gates and other
Lucapa Diamond has found a rare 170-carat pink Type IIa diamond at its 40%-owned Lulo mine in Angola. According to Rough & Polished, the rare gem, dubbed “The Lulo Rose”, is “believed to be the largest pink diamond recovered in the last 300 years.” The stone is the fifth