Aim-listed diamond producer BlueRock Diamonds achieved its target to reach a yearly run rate of 400 000 t and operational profitability through enhanced production at the end of 2019. In a statement on June 22, the producer, which owns and operates the Kareevlei diamond mine in South Africa, announced its audited
Tag: rough diamonds
For decades, shopping for uncut diamonds was a tightly scripted affair: First, persuade De Beers to add you to its list of handpicked customers. Then, 10 times a year, attend a week-long sale to buy exactly the amount De Beers offers you at whatever price it chooses. The system, which
Canadian diamond miner Mountain Province Diamonds has provided a new guidance for 2020, as CEO Stuart Brown says that demand for rough diamonds are starting to show signs of interest. The Toronto-headquartered company lowered the production forecast for Gahcho Kue, in Kennady Lake on the Canadian tundra on the edge
London-listed Gem Diamonds, which operates the Letšeng mine, in Lesotho, sold 15 diamonds for more than $1-million each in the first half of this year. This includes one diamond that was sold for more than $5-million.
Mining Weekly Editor Martin Creamer unpacks Alexkor’s need for a panel of experts, the Tshipi Borwa manganese mine remaining profitable and the three Acacia Mining employees who were released from a Tanzanian jail.
A panel of experts should be formed to properly oversee the future of the struggling State-owned diamond mining company Alexkor, and to unlock the greater long-term potential of northern Namaqualand. That is the view of Sable Metals & Minerals CEO James Allan, following the briefing of the Parliamentary the Portfolio