London-listed Botswana Diamonds (BOD) reports that Okwa Diamonds, its joint venture (JV) with Vast Resources, has conditionally agreed to acquire 100% of the share capital in Gem Diamonds Botswana (GDB) for $4-million in cash and payable in two instalments. The acquisition of GDB is conditional and dependant on relevant regulatory and
Tag: tulip diamonds fze
Angola, which was forced to reduce its guidance production to 9.3 million carats in 2021 due to the continued impact of the COVID-19 pandemic, has announced its plans to produce 13.8 million carats of diamonds in 2022, Rough & Polished reports. Credit: Lucapa Ganga Júnior, Chairman of the
The Industrial Development Corporation (IDC) is in discussion on the introduction of a fund to underpin much-needed exploration in South Africa. This was stated by Reginald Demana, the IDC’s head of mining and metals, infrastructure and energy, in a wide-ranging Zoom interview with Mining Weekly. (Also watch attached Creamer Media
A suspected leak of heavy metals from a mine in northern Angola is causing an “unprecedented environmental catastrophe”, affecting some two-million people in Democratic Republic of Congo, researchers at Kinshasa University said on Friday. Analysis of satellite imagery and interviews indicate a reservoir used to store mining pollutants was breached
In color psychology, yellow is described as a bright and intense color that attracts attention and evokes feelings of comfort and cheer. The naturally rich, yellow hue of the yellow diamond engagement ring is enticing and attention-grabbing. A quick glance at a bold, yellow center diamond can bring a smile to anyone’s face.
Aim-listed BlueRock Diamonds has recovered a 14.3 ct diamond from its Kareevlei diamond mine, in Kimberley, South Africa. The discovery follows shortly on the heels of the recovery of 58.6 ct and 21.6 ct diamonds earlier this month, providing further confirmation of the “size frequency distribution forecast” that indicate the
