Keyword: "diamond"

Mining News Pro - Lucapa Diamond Company has recovered its nineteenth diamond of more than 100 ct at its Lulo alluvial mine, in Angola.

Mining News Pro - Lucapa Diamond Company has discovered a 114-carat white diamond from the Lulo alluvial diamond mine in Angola, Africa.

Mining News Pro - Lucapa Diamond Company has recovered a 215-carat diamond from the Mothae kimberlite mine in Lesotho, Africa.

Mining News Pro - De Beers lifted diamond prices at its third consecutive sale as an industrywide recovery from the coronavirus pandemic gathers pace.

Mining News Pro - Despite relatively stable consumer demand for diamonds in established markets like the U.S. and notable growth from newer markets like China, for the most of last decade the diamond industry has felt apathetic. This can in part be explained by an arguably oversupplied supply-chain, insufficient marketing efforts and a general pessimism towards the diamond business as a changing consumer economy challenges traditional industries.

Mining News Pro - Petra Diamonds has advised that its production guidance for the 2021 financial year remains suspended owing to the uncertain impact of the ongoing Covid-19 pandemic.

Mining News Pro - Diamcor Mining reports that 2 028.33 ct of rough diamonds recovered from the processing of quarry material at its Krone-Endora at Venetia mine, in South Africa, were tendered and sold during the company’s second tender and sale of rough diamonds in Dubai during the first week of February.

Mining News Pro - Investment group Gemcorp Capital and Endiama Mining, a subsidiary of Angola’s state-owned diamond miner Endiama, have partnered up to develop the Mulepe diamond deposit in the country’s northeastern province of Lunda Norte.

Mining News Pro - Struggling Petra Diamonds said on Tuesday is investigating fresh allegations of human rights abuses at its Williamson mine in Tanzania, following a lawsuit against the company launched last year.

Mining News Pro - Australia is one of four countries responsible for the substantial decrease in rough diamond production during the COVID-19 pandemic.

Mining News Pro - Diamond jewellery demand will recover to pre-pandemic levels between 2022 and 2024, with China leading the way, a report commissioned by the Antwerp World Diamond Centre predicted.

Mining News Pro - Africa-focused Gem Diamonds ended 2020 in much better shape than many of its peers as it recorded revenue growth driven mostly by a sharp recovery in prices and sales during the second half of the year.

Mining News Pro - Diamond miner Lucapa has reported A$7.7-million in revenues from the sale of a rough diamond parcel of 4 273 ct from its Lulo alluvial mine, in Angola.

Mining News Pro - The global diamond trade spent years in the doldrums, only to be crippled by the pandemic just as things started looking up. Now, at last, business is booming again.

Mining News Pro - In line with executing its winding down strategy, JSE-listed Rockwell Diamonds has entered into an acquisition and amalgamation agreement with a British Columbia-incorporated company wholly-owned by Mark Bristow, called Bristco.

Mining News Pro - Diamond security specialist Opsydia has honed its subsurface laser technology to create its smallest and faintest identifier to date, meaning even an internally-flawless natural diamond can have a logo, serial number or encrypted code placed beneath its surface without affecting its clarity grade.

Mining News Pro - Struggling Petra Diamonds said on Wednesday its investors have approved plans to restructure the business, a move that aims to provide the miner with a more stable, deleveraged capital structure to ensure its short and long-term viability.

Mining News Pro - ALROSA’s sales of rough and polished diamonds totaled $2.8 million in 2020, including $2.65 million of rough diamond sales and $150 million of polished, a 16% drop compared to 2019 ($3.338 billion).

Mining News Pro - Africa-focused Gem Diamonds said on Wednesday its iconic Letšeng mine in Lesotho will remain fully operational during a 14-day lockdown that comes into effect from midnight on Thursday.

Mining News Pro - De Beers has cut off some of its long-term diamond buyers, marking one of the biggest shakeups in the way the miner sells gems since the end of its monopoly 20 years ago.

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