Diamond miner Petra Diamonds continued to perform well during the three months to September 30, with record carat production at the Cullinan mine in South Africa during August and September, an “excellent achievement” given the Covid-19 mitigation measures, which now form part of the group’s standard working conditions, says CEO
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Companies who have been able to weather the COVID-19 storm are in a better position to secure bank financing for their operations. The post Finance in the new normal: sustainability is key appeared first on Miningreview.com.
MineARC has introduced the concept of a digitally connected network of nodes capable of feeding real-time digital monitoring information. The post MINEARC Your safety GuardIAN appeared first on Miningreview.com.
Diversified miner Rio Tinto has announced that a selection of rough diamonds from the company’s Canadian and Australian mines will be tendered to diamond specialists in October and November. Headlining Rio’s forthcoming “specials” tender, which showcases rough diamonds greater than 10.8 ct, is Lot number 1, Diavik Helios, a 74.48
Global miner Rio Tinto is seeking court approval to sell its partner’s share of diamonds from a mine in Canada’s Northwest Territories, a filing showed, hoping to recover around C$120-million plus legal fees and other costs. Rio owns 60% of Diavik Diamond Mines Inc (DDMI) and says it is owed
The coronavirus pandemic, which hit the diamond industry hard in the first half of 2020, has presented an opportunity for squeezed diamond manufacturers to turn things around and start making profit. Squeezed by high rough diamond costs and declining polished prices, manufacturers and dealers have been struggling to make ends
