Letšeng does it again: Gem Diamonds has announced the recovery of a high-quality 114-carat white Type I diamond from its 70%-owned Letšeng mine in Lesotho, IDEX Online reports. This is the fourth diamond of 100+ carats recovered from the Letšeng mine in recent weeks. On June 11, Gem Diamonds
Tag: Mining
De Beers’ rough diamond production fell 4% to 7.9-million carats in the second quarter of the year, “primarily owing to the treatment of lower-grade ore at operations in both Canada and Botswana,” Mining Weekly reports. Production guidance for 2022 increased to 32-34 million carats, from 30-million to 33-million carats.
India Bore Diamond Holdings (IBDH) and Burgundy Diamond Mines, the new owners of the Ellendale mine, have unearthed “good quality diamonds,” including fancy yellow diamonds up to 0.663 carats, in the Australian mine. The average size, according to the report quoted by IDEX Online, was 0.41 carats, The diamonds
Russian mining giant Alrosa is sticking to its forecast production of 34-35 million carats for 2022 despite sanctions and banking restrictions imposed on it by the US and the EU, IDEX Online reports. According to the independent Russian news agency Interfax, Alrosa’s CEO Sergei Ivanov said: “I think we are
Gem Diamonds has unearthed an exceptional Type II 245-carat diamond at its Letšeng mine in Lesotho – the third +100-carat stone found at Letšeng in three weeks. The London-based miner recovered a 129-carat stone on May 23 and a 125-carat diamond on May 31. In May, Gem Diamonds’
In an interview with Mining Weekly, Botswana Chamber of Mines CEO Charles Siwawa said that “following the onset of the Covid-19 pandemic, as well as the sustained period of subdued commodities prices from 2015 to 2019,” Botswana’s mining sector is on the rebound – mostly due to “several mining projects