Canadian diamond miner Mountain Province has seen confidence among rough diamond buyers return, spurring hope that a rebound is taking hold in an industry that has been crippled by the global pandemic. “The first sale of the year was excellent,” said CEO Stuart Brown. “The growing confidence among rough diamond
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TSX-V-listed Diamcor Mining is making “considerable progress” in increasing processing volumes, diamond recoveries and revenues since having resumed operations. Its Krone-Endora at Venetia mine, in South Africa’s Limpopo province, had been shuttered for most of 2020 amid Covid-19-related restrictions.
Debswana Mining Company, owned by De Beers and the Botswana government, cancelled a $1.3 billion contract to extend the lifespan of the Jwaneng diamond mine, Rough & Polished reports. The contract was signed with a unit of Australia’s Thiess. Credit: Debswana Instead, the extension project, dubbed “Cut 9”
Lucara Diamond, owner and operator of the Karowe diamond mine in Botswana, has announced the recovery of an “unbroken 341 carat top white gem quality diamond”. The gem was sourced from the south western quadrant of the South Lobe M/PK(S) unit. Credit: Lucara This isn’t the first big
The Lulo alluvial mine in Angola is the gift that keeps on giving, as Lucapa Diamond has announced the recovery of a 113-carat gem-quality white stone – the first +100ct diamond recovered from Mining Block 46, IDEX Online reports. To date, Lulo has produced 17 100+ carat diamonds. Credit:
By Aric Behar
As someone who has been in the jewelry trade for close to 15 years, I know just how hard it is to understand all the details and nuances to look for when purchasing a diamond. It took me many years to confidently know what to look for when buying them for our inventory and I still find myself learning something new each day.
