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
Tag: world diamond federation
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
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
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
The state-owned Zimbabwe Consolidated Diamond Company (ZCDC) has announced that Zimbabwe produced 5 million carats of diamonds in 2022 – a rise compared to the 4.2 million carats it produced in 2021, Rough & Polished reports. In December of last year, Winston Chitando, Zimbabwe’s mines and mining development minister,
Debswana, a joint venture between De Beers and the Botswana government, has announced “the world’s first 5G-oriented smart diamond mine project” in conjunction with the Chinese multinational technology corporation Huawei, IDEX Online reports. Debswana and Huawei have connected over 260 pieces of equipment – like mining vehicles – at