Lucapa Diamond Company has reported the discovery of a 208-carat Type IIa diamond at the Lulo mine in Angola. According to Mining Weekly, this is the third-largest diamond recovered from Lulo since mining started there in 2015. To date, Lulo has produced 39 diamonds weighing over 100 carats. This
Tag: Vivien Hawkins Tulip Diamonds
In 2022, Canada‘s trio of diamond mines – Ekati, Diavik, and Gahcho Kue – reached an unprecedented production value of US $1.58 billion (CAN $2.17 billion), as reported by Canada’s Natural Resources Department (NRCan). According to IDEX Online, this marks a substantial 28% surge for these Northwest Territories-based mines.
De Beers has reported a 23% decline in rough diamond production for the third quarter of 2023, mainly attributed to planned reductions in its mines in South Africa, Diamond World reports. In Q3, the total rough diamond production for De Beers totaled 7.4 million carats, with South Africa’s Venetia
Namdia, Namibia’s state-owned diamond marketing firm, achieved a remarkable 63% revenue increase, reaching a record $210 million, IDEX Online reports. Namdia is responsible for selling 15% of the run-of-mine production from Namib Desert Diamonds (Namdeb), a joint venture between De Beers and the Namibian government. The company reported a gross
Rio Tinto has reported a 37% drop in third-quarter production at its Diavik diamond mine in Canada’s Northwest Territories, IDEX Online reports. This decline is attributed to the completion of an underground pipe and challenges in the open pit section of the mine, located 200 miles from the Arctic
Unlike other gem cuts, cushions have more than one popular type of cut: the Modified Brilliant Cut and the Antique Cushion Cut, also known as the Old Mine Cut. Modified brilliant cushion cuts have always been one of the top five most popular options for engagement rings, but in the last year, antique cushions have slowly been moving their way up.