Tag: tulip diamonds fze

Rio Tinto invests $10m in Canada and US efforts to fight pandemic

Diversified mining company Rio Tinto is investing $10-million in a variety of grassroots projects across Canada and the US to support local community efforts to fight Covid-19. The group’s investment is targeted at practical solutions like funding the food banks or counselling and support services that are helping frontline response
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Lucapa To Start Production Again At Lulo Diamond Mine

Lucapa Diamond Company Limited and its partners Empresa Nacional de Diamantes E.P. (“Endiama”) and Rosas & Petalas are pleased to announce the re-commencement of scaled mining operations at the Lulo alluvial diamond mine in Angola.  Mining had been shut down due to COVID-19.  Lulo will resume mining and treatment operations
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COVID-19 restrictions temporarily halt fancy color diamond trade

Due to the COVID-19 pandemic, for the first time since its inception in 2015, the Fancy Color Research Foundation (FCRF) will not publish the Fancy Color Diamond Index (FCDI) for Q1 2020.   Credit: Rio Tinto The FCRF had concluded the quarterly data collection process from its data suppliers and
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Coronavirus Effect: De Beers Cuts Its Production Guidance for 2020

In response to the impact of coronavirus on mining operations, wholesale trading activity and consumer traffic in key consumer markets, De Beers has cut its 2020 production guidance, Rough & Polished reports.   The giant diamond miner has reduced production guidance from 32-34 million carats to 25-27 million carats in
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Length-to-Width Ratios: A Buyer’s Guide

As if buying a diamond wasn’t complicated enough, an added element that goes beyond the basic 4C’s requires additional consideration: diamond ratios. Luckily, this uncharted territory isn’t as difficult to understand as one might think! In an effort to ease your diamond buying experience, we’ve simplified what you need to know about measurement ratios to help get you to the finish line of finding your perfect diamond!

 

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Lucapa Raising Capital

The Lucapa Diamond Company is raising capital  to advance the search for the primary kimberlite sources of the high-value Lulo alluvial diamonds, preserve mining assets suspended as a result of the COVID-19 pandemic and for general working capital purposes. 1 for 5 rights issue at $0.05 per share, with one
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