Lucapa Diamond Company and its partners have approved a US$10 million interim dividend for 2021 and a US$10 million capital loan repayment. The post Lucapa to receive A$19 million from Angola appeared first on Miningreview.com.
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“This will assist us in optimising the orebody for the benefit of stakeholders, both in the short term and long term. The post Petra Diamonds executes Williamson Diamonds MoU appeared first on Miningreview.com.
Botswana and De Beers have extended their current sales contract by another year, the diamond miner said on Friday, citing logistical challenges presented by the Covid-19 pandemic. This is the second extension of the agreement for the sale of Debswana’s rough diamond production. The agreement was due to expire at
Australia’s Lucapa Diamonds expects to be elevated to mid-tier diamond producer status in 2024, when its newly acquired Merlin project, in the Northern Territory, starts producing on a commercial basis. Merlin, which Lucapa expects will be the biggest commercial diamond mine in Australia, will deliver 2.1-million carats over its 14-year
New programmes might discover some critical metals needed to help the world decarbonise – metals that may have been overlooked in the past. The post Exploration: The linchpin to attract international investment appeared first on Miningreview.com.
LSE-listed diamond miner Petra Diamonds has executed a nonbinding memorandum of understanding (MoU) to sell 50% (less one share) of the entity that holds Petra’s shareholding in Williamson Diamonds Limited (WDL) to Caspian for $15-million. This is in addition to a pro rata portion of shareholder loans owed by WDL.
