Gemfields has reported record auction revenue of $330.3-million for the 12 months ended June 30. In a report on the company’s operating results and financial position for the period, released on July 27, Gemfields also reported $181.2-million in total auction revenues for the six months ended June 30, with all
Tag: tulip diamonds fze
Diamond miner De Beers sold $630-million of rough diamonds in its sixth sales cycle for this year. CE Bruce Cleaver says the company continued to see steady demand for its rough diamonds, following “a period of consistently robust demand in the first half” of this year.
The 170 carat pink stone is an historic recovery as it is believed to be the largest pink diamond recovered in the last three hundred years. The post 170 carat pink diamond recovered at Lulo appeared first on Miningreview.com.
Letšeng does it again: Gem Diamonds has announced the recovery of a high-quality 114-carat white Type I diamond from its 70%-owned Letšeng mine in Lesotho, IDEX Online reports. This is the fourth diamond of 100+ carats recovered from the Letšeng mine in recent weeks. On June 11, Gem Diamonds
Botswana and De Beers are working out the “finer” details of a new diamond-sales pact and the southern African nation’s government is confident a deal will be struck, President Mokgweetsi Masisi said. An initial ten-year agreement governing terms for the sale of diamonds produced by Debswana Diamond Co — a joint venture
The mining industry already has a pipeline of 73 projects from 24 mining companies to generate 5.1GW (5,116MW). The post Overhaul of South Africa’s energy supply relies heavily on private sector appeared first on Miningreview.com.
