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Tag: rough diamonds

BlueRock eyes Antwerp market to bolster diamond sales

Aim-listed diamond miner BlueRock Diamonds (BlueRock), which operates the Kareevlei mine in Kimberley, has embarked on a new selling strategy and will, from June, ship diamonds to be sold on the Antwerp market, which the miner says attracts significantly more buyers than the local South African diamond market. The company
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World’s top mining companies committed to climate change solutions – ICMM

Twenty seven of the world’s leading mining and metals companies and 36 associations are committed to climate change solutions through their membership of the International Council on Mining and Metals (ICMM), Mining Weekly can today report. The ICMM is an international organisation dedicated to a safe, fair and sustainable mining
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Anglo delivering through volatile times with $14.5bn liquidity

How Anglo American is ‘delivering through volatile times’ was outlined on Tuesday  at Bank of America’s virtual global metals, mining and steel conference, where it reiterated its strong liquidity position of $14.5-billion, made up of $6.9-billion in cash and $7.6-billion in undrawn committed financial facilities. Anglo American CE Mark Cutifani
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Alrosa’s April sales virtually stopped

Sales for the world’s largest diamond miner by volume, Alrosa, came to a near halt in April, with the company only selling $15.6-million in rough and polished diamonds in the month. This compares with sales of $152.8-million in March and $405-million in January this year.
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BlueRock expects diamond production at capacity by month end after lockdown

Aim-listed BlueRock Diamonds has advised that its expansion plans for the Kareevlei diamond mine, in the Kimberley region of South Africa, remain on hold. The mine is, however, expected to reach full operating capacity by the end of May.
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Rio institutes more testing at Diavik

Diversified major Rio Tinto has introduced Covid-19 testing at its Diavik diamond mine, in the Northwest Territories, in Canada, as an additional precautionary measure to protect employees and community members. The miner said over the weekend that not for profit public health experts GuardRX have installed an on-site laboratory at
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