De Beers has reported its rough diamond production for the second quarter of the year, showing an increase of 134% year-on-year to 8.2-million carats, Mining Weekly reports. According to De Beers, the rise reflects “planned higher production” to meet stronger demand for rough diamonds. Full-year production guidance was updated
Tag: Mining
Russian mining giant Alrosa produced 7 million carats of diamonds in the second quarter of 2021 – a fall of 8% quarter-on-quarter but a rise of 22% year-on-year, Rough & Polished reports. Credit: Alrosa Alrosa has also reported sales of 11.4 million carats and $1.2 billion in revenue
Lucara Diamond has recovered a 62.7-carat fancy pink diamond from its Karowe mine in Botswana – “the largest fancy pink gem to be recovered in Botswana and one of the world’s largest rough pink diamonds on record”, Rough & Polished reports. Credit: Lucara The stone, named “Boitumelo” (“Joy”),
Mere days after announcing a huge 1,098-carat stone find at their Karowe mine in Botswana, Lucara has another reason to rejoice: The miner just unearthed an even bigger diamond weighing 1,174 carats from the same mine, IDEX Online reports. Credit: Debswana In a statement, the company explained: “On
The once troubled Ekati mine in Canada has new owners, and they predict the mine will produce no less than four million carats this year, IDEX Online reports. Credit: Dominion Diamond Corporation In February, a group of creditors “rescued” the mine from Dominion Diamonds, taking on $70 million
Debswana Diamond Co. a unit of De Beers and a 50/50 partnership between Botswana and De Beers, has unearthed a 1,098 carat diamond in Botswana on June 1, IDEX Online reports. Credit: Debswana The huge gem is the largest since the company began operations five decades ago, and