Tag: tulip diamonds fze

DIAMONDS 101: ANTIQUE CUSHIONS AKA OLD MINE CUTS

 

This past year has brought a surprising resurgence of vintage-inspired looks and shapes. One of the most prevalent trending features? The antique cushion. Also commonly known as “old mine cut’, these diamonds display incredible brilliance and a distinctive look that stands out from today’s modern cuts! If you love this shape, let Lauren B guide you through the process of selecting your perfect diamond!

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More diamonds sold from Mothae

Diamond miner Lucapa Diamonds has reported A$7.6-million in revenue from the sale of its latest parcel of rough diamonds from its Mothae kimberlite mine, in Lesotho. The company on Wednesday announced that 5 619ct of diamonds had sold for $1 050/ct, with the sale including a 215ct D-colour diamond and
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Lucara aims to close $220m debt package for Karowe by mid-year

Canadian mining company Lucara Diamond has mandated five international financial institutions for a secured project financing package of up to $220-million to fund the underground expansion of the Karowe mine, in Botswana. The syndicate comprises ING Bank, Natixis, Société Générale, London Branch, Africa Finance Corporation and Afreximbank. President and CEO
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Master Drilling advancing mechanisation for two top-tier local clients

Mine mechanisation is being advanced for two top-tier  local clients of Master Drilling, the CEO of the JSE-listed company, Danie Pretorius, said on Tuesday. Speaking to Mining Weekly in a Zoom interview after reporting 72.7%-higher 2020 net cash generation of $25.5-million, 18%-lower debt to $42.1-million, and a halved gearing ratio
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Remote-operation drilling footprint providing sizeable benefit – Master Drilling

An increased remote-operation drilling footprint is providing considerable benefit for Master Drilling, the JSE-listed drilling services company said on Tuesday, when it reported 72.7%-higher 2020 net cash generation of $25.5-million, 18%-lower debt to $42.1-million, and a halved gearing ratio to 10.3%. The 35-year-old Fochville-based drilling company, which operates in 23
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Botswana Diamonds recovers 11 diamonds from Limpopo pipe

Diamond exploration company Botswana Diamonds has recovered 11 diamonds and abundant kimberlitic indicators from drill samples at the recently discovered River Kimberlite pipe at Thorny River in South Africa’s Limpopo province. Following a detailed ground geophysical programme in October 2020, six-inch percussion reverse circulation holes were drilled into the newly
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