Tag: world diamond federation

Alrosa Halts “Almost All” Diamond Production and Cutting

In an interview he gave recently to the RBC TV Channel, quoted by Rough & Polished, Alrosa’s CEO Sergey Ivanov said that the company has suspended the work of its diamond cutting operations until the end of the summer, as well as almost all of its mining operations.   Credit:
177 Views
Read more

Lucapa To Start Production Again At Lulo Diamond Mine

Lucapa Diamond Company Limited and its partners Empresa Nacional de Diamantes E.P. (“Endiama”) and Rosas & Petalas are pleased to announce the re-commencement of scaled mining operations at the Lulo alluvial diamond mine in Angola.  Mining had been shut down due to COVID-19.  Lulo will resume mining and treatment operations
257 Views
Read more

Coronavirus Effect: De Beers Cuts Its Production Guidance for 2020

In response to the impact of coronavirus on mining operations, wholesale trading activity and consumer traffic in key consumer markets, De Beers has cut its 2020 production guidance, Rough & Polished reports.   The giant diamond miner has reduced production guidance from 32-34 million carats to 25-27 million carats in
211 Views
Read more

Lucapa Raising Capital

The Lucapa Diamond Company is raising capital  to advance the search for the primary kimberlite sources of the high-value Lulo alluvial diamonds, preserve mining assets suspended as a result of the COVID-19 pandemic and for general working capital purposes. 1 for 5 rights issue at $0.05 per share, with one
299 Views
Read more

Lucara First Quarter 2020 Results To Be Released May 7th

April 23, 2020 Vancouver, British Columbia (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) Lucara Diamond Corp. (“Lucara” or the “Company”) announces that it will be publishing its 2020 First Quarter Results on Thursday, May 7, 2020, after market close in North America. The Company will host a
267 Views
Read more

AGD Diamonds finds “Unique” 50.36-Carat Diamond at Grib Mine

AGD Diamonds has announced that it found a “unique gem-quality diamond weighing 50.36 carats” at its Grib Mining and Processing Division in Russia on April 13, Rough & Polished reports.   Credit: AGD Diamonds   According to the company, its innovative use of “highly environmentally friendly technologies to dress kimberlite
201 Views
Read more