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Tag: world diamond federation

Report: Australia’s Spending on Diamond Exploration Low in 2021

A new report by S&P Global Market Intelligence, quoted by IDEX Online, shows that spending on diamond exploration in Australia has totaled just $1.5 million in 2021 – “almost the lowest level since 1997.”   Credit: Rio Tinto   In 1998, spending reached a peak of $43.1 million. Since then,
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De Beers’ Diamond Production Gets a Major Boost in 2021

A report by Anglo American quoted by Rough & Polished states that De Beers’ total rough diamond output rose 29% year-on-year to total to about 32.3 million carats in 2021. In Q4, rough production rose 15% year-on-year to 7.7 million carats.   Credit: De Beers   In addition, rough diamond
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Good News from Diavik: Rio Tinto Ups Full-Year Diamond Output

Rio Tinto announced it has updated its full-year diamond output at Diavik, its diamond mine in Northwest Territories, Canada. According to IDEX Online, Rio Tinto expects a 3% increase to 3.84 million carats.   Credit: Rio Tinto   In Q4, production was up 27% – from 910,000 carats to 1.155
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Zimbabwe: Murowa’s Diamond Production Drops 43% in Q3 2021

Low grade ores are being blamed for the greatly reduced diamond output at the Murowa mine in Zimbabwe. According to IDEX Online, output at the mine fell 43% in Q3 2021.   Credit: Shutterstock.com   Murowa’s operators RZM Murowa, an associate of RioZim, blamed “low-grade ores from the K1 pit
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India: Andhra Pradesh Opens Up to Diamond Mining

Following a survey by the Geological Survey of India (GSI), which hinted at the presence of diamonds in the area, the South Indian state of Andhra Pradesh (AP) “is now set to launch a massive search for gemstones,” Rough & Polished reports.   Credit:   According to the report, the
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Lucapa: Merlin Will Be Australia’s Largest Diamond Mine

After completing a scoping study at its newly acquired Merlin project in the Northern Territory of Australia, Lucapa Diamonds said that it expects Merlin to be the biggest commercial diamond mine in Australia, Mining Weekly reports.   Credit: Merlin diamonds   Merlin is expected to start producing commercially in 2024
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