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Tag: Polished Diamonds

Surging diamond demand helps Botswana trader post record sales

Botswana’s State-run diamond trader reported record revenue last year with sales surging almost five fold after imports from the US recovered from a Covid-19 induced slowdown. Okavango Diamond Company sold $963 million of rough diamonds last year, said Dennis Tlaang, a company spokesman. The revenue was the most since the
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BlueRock recovers 11.95 ct diamond at Kareevlei

Aim-listed BlueRock Diamonds has recovered an 11.95 ct diamond at its Kareevlei mine, in the Kimberley region of South Africa. The diamond miner says the diamond has an expected valuation in excess of $100 000 and will go to tender later this week.
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Star Diamond and Rio Tinto set meeting date for JV project

Canadian junior Star Diamond and Rio Tinto Exploration Canada (RTEC) are set to meet on March 4 to review data collected from last two field seasons and to approve and interim expenditures budget for their Fort a la Corne (FalCon) joint venture (JV) project. The JV partners, which at the
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Lucapa receives A$5m dividend from Angola subsidiary

ASX-listed Lucapa Diamond Company has received a 2021 interim dividend payment of A$5-million, or $2.6-million, from its 40%-owned and wholly operated alluvial mining company Sociedade Mineira Do Lulo (SML), based in Angola. SML, which operates the Lulo project, is co-owned by Angola’s State-owned mining company Empresa Nacional de Diamantes and
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South Africa needs to embrace Ubuntu principles in going green, webinar hears

In decarbonising and going green, South Africa needs to embrace the principles of Ubuntu and show humanity towards others. That view was expressed by Gold Fields South Africa executive VP Martin Preece during the ‘Decarbonisation & Going Green in the Mining Sector’ webinar hosted by Creamer Media on January 28.
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Lucapa records strong 2021 performance

ASX-listed Lucapa Diamond Company recorded a year of operational growth and consolidation in 2021, with record operational and financial performances, MD Stephen Wetherall said in a quarterly activities report for the period ended December 31. “The commissioning of the standalone kimberlite bulk sample plant at Lulo [in Angola] towards the
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