Angolan State diamond marketing company Sodiam held its third rough diamond auction on June 24, selling $56.64-million worth of diamonds recovered at the Uari, Lulo, Catoca and Luele mines. Aside from a diversified pack of special diamonds, a batch of run-ofmine diamonds from Luele in the Luaxe region, were also
Tag: tulip diamonds fze
AECI Mining Explosives has developed a ground-breaking alternative booster technology manufactured from non-explosive raw materials. The post AECI Mining Explosives develops alternative booster technology appeared first on Miningreview.com.
Botswana-focused Lucara Diamond Corp on Thursday announced C$38-million in financing to support the development and ongoing operation of its Karowe mine. The Vancouver-headquartered company will raise C$22-million on a bought-deal basis at C$0.75 a share and C$16-million in a concurrent private placement to Nemesia and other investors.
The diamonds on the tender achieved a total sales price of US$21.4 million, representing an average price of US$34,548 / carat. The post Latest sale of Lulo diamonds reflect diamond market bounce back appeared first on Miningreview.com.
The pressure and desire for the mining industry to reduce green-house gas emissions is mounting, and with that the trend for renewable energy is gaining momentum. The post Webinar 15 July: 3 key considerations for sustainable power generation for African mines appeared first on Miningreview.com.
The proceeds will be used for working capital to support the development and ongoing operation of the Karowe diamond mine. The post Lucara enters agreements to raise funds for Karowe expansion appeared first on Miningreview.com.
