Tag: Vivien Hawkins Tulip Diamonds

Botswana’s Finance Ministry: Diamond Production to Remain Flat in 2023

A senior policy advisor in Botswana’s Finance Ministry has stated that his country expects its diamond production to remain flat in 2023 “due to a contraction in consumer spending and weaker demand for diamond jewelry,” Mining Weekly reports.   While overall mining output rose by 8.2% in 2022,  gains in
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Majhgawan-Panna, India’s Only Mine, to Resume Operations

Majhgawan-Panna, India’s only diamond mine which was shot down at the end of 2020, will resume production in July 2023 “with a forecast output of up to 84,000 carats a year,” IDEX Online reports.   Majhgawan-Panna, located near the town of Panna in Madhya Pradesh, was closed after environmental clearances
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Canada: Rio Tinto to Invest $40 Million to Extend Diavik’s Life-of-Mine

Rio Tinto has extended the life-of-mine life at its Diavik diamond mine in the Northwest Territories of Canada. According to Mining Weekly, Rio Tinto has announced a “$40-million investment in the first phase of underground mining below the existing A21 open pit.”   Sinead Kaufman, Chief Executive Minerals at Rio
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Lucapa Finds a Huge White Diamond at Lulo

Lucapa has unearthed a 150-carat gem at its Lulo alluvial mine in Angola. According to IDEX Online, it is a Type IIa, D-color white diamond.   This is the 36th +100-carat diamond recovered at Lulo since it began commercial production in 2015, and the fifth +100-carat from block 28 of
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Trending in 2023: Lab-Grown Diamond Jewelry

In recent years, lab-grown diamonds have been trending upwards and continue to corner a bigger share of the market. 2023 promises to see the demand increase yet again. Since lab-grown diamonds continue to gain favor, it’s only natural that lab-grown diamond jewelry is expected to see a parallel rise in popularity.

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