Mining giant De Beers has announced its fourth quarter performance, reporting a drop in output of 14% to 6.7 million carats, Rough & Polished reports. The main reason for the drop: “Planned reductions in response to the lower demand for rough diamonds caused by the Covid-19 pandemic and operational challenges
Tag: Mining
Cullinan delivers once more: Petra Diamonds announced that it has unearthed a 299-carat Type IIa white gem-quality diamond at the South African mine, Rough & Polished reports. Credit: Petra Diamonds The huge stone was recovered in January, and is expected to be sold during Petra’s next tender in
Namakwa Diamonds, owner and operator of the Kao diamond mine in Lesotho, will put up an exceptional 25.97-carat fancy pink diamond online to be sold, according to IDEX Online. Credit: Namakwa Diamonds The stone, named Pink Dawn, was recovered in October 2020 and joins a distinguished list of
Debswana Mining Company, owned by De Beers and the Botswana government, cancelled a $1.3 billion contract to extend the lifespan of the Jwaneng diamond mine, Rough & Polished reports. The contract was signed with a unit of Australia’s Thiess. Credit: Debswana Instead, the extension project, dubbed “Cut 9”
Lucara Diamond, owner and operator of the Karowe diamond mine in Botswana, has announced the recovery of an “unbroken 341 carat top white gem quality diamond”. The gem was sourced from the south western quadrant of the South Lobe M/PK(S) unit. Credit: Lucara This isn’t the first big
The Lulo alluvial mine in Angola is the gift that keeps on giving, as Lucapa Diamond has announced the recovery of a 113-carat gem-quality white stone – the first +100ct diamond recovered from Mining Block 46, IDEX Online reports. To date, Lulo has produced 17 100+ carat diamonds. Credit: