The rough diamond parcel of 1,040 carats was sold for a total of US$3.7 million or US$3,525 million per carat. The post Diamonds from Lucapa’s Lulo sell for US$3.7 million appeared first on Miningreview.com.
Tag: tulip diamonds fze
London-listed Petra Diamonds has announced that the scheme conditions effective date has occurred, thereby enabling the start of the implementation of the company’s restructuring. The company expects the restructuring’s effective date to be March 10.
A feasibility study is under way on a mine selected for the testing of Fourth Industrial Revolution (4IR) technologies ahead of their implementation, Minerals Council South Africa senior executive modernisation and safety Sietse van der Woude said on Wednesday. Van der Woude was answering questions after he and PwC South
As conditions in the global diamond market improve, Russian major Alrosa has decided to relaunch the processing plant of its Lomonosov mining and processing division, Severalmaz, on March 1. This is a month earlier than previously planned. The plant is set to process three-million tons of ore in 2021.
COVID-19 has hung over the industry like the sword of Damocles due to uncertain market conditions and uncertainty about production. The post Coming out stronger to mine in the ‘new normal’ appeared first on Miningreview.com.
Lucapa has now produced 23 +100 carat diamonds, four of which are greater than 200 carats (across the two mines) The post More monsters from Mothae appeared first on Miningreview.com.
