Gem Diamonds has announced the recovery of its third large diamond weighing over 100 carats this year from Letseng, in Lesotho. However, this still leaves the UK-based miner performing below its historical average of eight such recoveries annually, according to IDEX Online. The most recent discovery is a
Tag: world diamond federation
Russian mining giant Alrosa has announced the recovery of an irregular-shaped diamond weighing 390.7 carats – Alrosa’s largest recovery in a decade,” according to IDEX Online. The gem is described “as a light crystal of irregular shape, bordered by a yellow-brown halo.” The stone was recovered by Alrosa’s subsidiary
Russian mining giant Alrosa has begun building a new “giant” mine to replace Mir, which was closed in 2017. The new mine will be called Mir-Gluboky, according to Mining Weekly. Alrosa’s CEO Pavel Marinychev said the project would require an “estimated investment of 121.5-billion roubles ($1.26-billion), with production to
Lucara Diamond has found yet another huge gem at its Karowe Diamond Mine in Botswana. The diamond, a 692.3 carat behemoth, measures 46.5 x 40.7 x 28.4 mm and is described as a Type IIa high white gem. According to Lucara, the stone was recovered in the MDR XRT
Lucara has recovered a 1,080.1-carat diamond from its Karowe Diamond Mine in Botswana. According to a press release, the 82.2 x 42.8 x 34.2mm stone is a “Type IIa top white gem of high quality.” The 1,080.1 carat diamond is the fourth +1,000 carat diamond recovered from the South
Rio Tinto recently reported a 16% decline in quarterly diamond production at its Diavik mine in Canada, with a total of 970,000 carats in Q2 2023, compared to Q2 2022, according to IDEX Online. In Q1 2023, Rio Tinto had reported recovering 954,000 carats – a 4% decrease compared