Mining Shared Value (MSV), a nonprofit initiative of Engineers Without Borders Canada, reports that four mining companies have, so far, adopted the Mining Local Procurement Reporting Mechanism (LPRM), with two more confirming their plans to do so shortly. Ivanhoe Mines became the first company to use the international transparency standard
Tag: Polished Diamonds
Diamond miner Lucara Diamond has recovered an unbroken Type IIa 378 ct gem-quality top white diamond from milling of ore sourced from the M/PK(S) unit of the South Lobe at its 100%-owned Karowe mine, in Botswana. This recovery is the second gem-quality diamond of greater than 300 ct to be
Canadian diamond miner Mountain Province has seen confidence among rough diamond buyers return, spurring hope that a rebound is taking hold in an industry that has been crippled by the global pandemic. “The first sale of the year was excellent,” said CEO Stuart Brown. “The growing confidence among rough diamond
TSX-V-listed Diamcor Mining is making “considerable progress” in increasing processing volumes, diamond recoveries and revenues since having resumed operations. Its Krone-Endora at Venetia mine, in South Africa’s Limpopo province, had been shuttered for most of 2020 amid Covid-19-related restrictions.
The latest tender of 62 rare pink, red, blue and violet diamonds from major Rio Tinto’s Argyle mine, in Western Australia has delivered a record result, reflecting their extraordinary rarity and unique provenance. The 2020 collection continued its trajectory of double digit price growth and a record number of participants
State-owned Angolan National Diamond Trading Company (Sodiam) says it has received interest from five global tender and auction houses related to the development of these services in the soon to be established Angolan Diamond Bourse (ADB). Angola has about 14 active diamond mining sites and produced more than nine-million carats in