Tag: tulip diamonds fze

De Beers Production Goes Way Up in Q1 2022

Diamond mining giant De Beers’ has increased its rough diamond production by 25% year-on-year to 8.9-million carats in Q1 2022. According to Mining Weekly, the rise reflects “an improved operational performance and higher planned levels of production to meet continued strong demand for rough diamonds.” Full-year production guidance remains at
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Company showcases capabilities on flagship project

Mining services provider United Mining Services (UMS) Group is involved in a twin shaft sinking, equipping and infrastructure project for the Karowe diamond mine in Botswana. Owned by Lucara Diamond Corp, Karowe mine is one of the world’s leading producers of large, high-quality Type IIA diamonds. The company has been
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Gem Diamonds reports higher revenue despite lower prices

LSE-listed diamond producer Gem Diamonds sold 28 461 ct of diamonds during the quarter ended March 31, up from 24 790 ct sold in the quarter ended December 31. It generated revenue of $52.1-million for the quarter, compared with the $50-million generated in the prior quarter, with the average price
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