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Tag: world diamond federation

ALROSA To Sell Large Diamonds At E-Tender

ALROSA offered an option to its long-term customers to buy rough diamonds through its digital platform amidst limited business travel due to COVID-2019 pandemic related restrictions. At the digital tender taking place between May 15 and 29, 2020, the company offers over 800 rough diamonds from 5-10 carats batches. The
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Lucapa Recovers Its 15th 100 Carat Plus Diamond At Lulo

The 171 carat gem-quality white stone is the 15th +100 carat diamond recovered to date from the Lulo mine in Angola and the 2nd +100 carat diamond recovered for 2020. It is also the 4th largest diamond recovered to date since activities began at Lulo. This 171 carat white diamond
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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:
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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
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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
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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
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