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Tag: Mining

Five Extremely Rare Blue Diamonds Unearthed at Cullinan Mine

Petra Diamonds has announced the recovery of five Type IIb blue diamonds of high quality at its Cullinan mine in South Africa.    Credit: Petra According to a press release, the diamonds “are also significant in terms of their size, being 25.75, 21.25, 17.57, 11.42 and 9.61 carats, and are
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Gem Diamonds Unearth a 233-Carat Monster Gem at Letseng

Gem Diamonds has announced the recovery of a high quality 233-carat Type II white diamond from its Letšeng mine in Lesotho.   Credit: Gem Diamonds   This recovery comes just days after Gem Diamonds recovered a high quality 442-carat Type II diamond Letšeng valued at $18 million.   Credit: Gem
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Largest Ever Russian Color Diamond Found at Yakutia

Almazy Anabara, a part of the Alrosa Group, has unearthed a 236-carat rough diamond of “intense yellow-brown color” at the Ebelyakh mine in Yakutia, Russia. According to a press release, the huge rock “is the largest natural color rough diamond ever found in Russia”.   Credit: Alrosa   The diamond’s
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Alrosa Cuts its 2020 Production Guidance and Closes Diamond Mines

Alrosa has announced that it is cutting its expected production this year from 34 million carats to 28-31 million carats – a 17% reduction, according to IDEX Online. Last month, another major miner, De Beers, cut its production from 32-34 million carats to 25-27 million carats.   Credit: Alrosa  
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Angola: Huge Catoca Diamond Mine Slashes Production for 2020

The Catoca mine in Angola, the world’s fourth largest diamond mine, has cut its production 2020 guidance by 80%, IDEX Online reports.   Credit: Lucapa   The state-owned miner Endiama, which operates the mine together with Alrosa, has revised its output to 2 million this year, instead of the 10
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Alrosa Halts “Almost All” Diamond Production and Cutting

In an interview he gave recently to the RBC TV Channel, quoted by Rough & Polished, Alrosa’s CEO Sergey Ivanov said that the company has suspended the work of its diamond cutting operations until the end of the summer, as well as almost all of its mining operations.   Credit:
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