Namdeb to extend land-based operations' mine life to 2042

Mining News Pro - Namdeb Diamond Corporation, a 50:50 joint venture between De Beers Group and the government of Namibia, has approved a new long-term business plan that will extend the current life-of-mine (LoM) of its land-based operations as far as 2042.

De Beers to extend life of Namibia mines to 2042

Mining News Pro - Namdeb, a joint venture between the Namibian government and diamond giant De Beers, announced on Thursday the approval of new long-term business plan that will allow it to extend its land-based mines’ life by 20 years to 2042.

Botswana Diamonds acquires control of Thorny River

Mining News Pro - Botswana Diamonds has exercised its pre-emptive right to acquire the outstanding third-party interests in Vutomi Mining and Razorbill Properties 12, giving it control of the Thorny River project in South Africa.

Petra Diamonds mulls selling Williamson mine

Mining News Pro - South Africa’s Petra Diamonds (LON: PDL) is considering selling its Williamson mine in Tanzania, even as it continues to work on bringing the operation back online in the second half of 2021.

De Beers seventh sales cycle revenue amounts to $515m

Mining News Pro - Diamond miner De Beers sold an estimated $515-million of rough diamonds during its seventh sales cycle of the year.

Burgundy buy to produce Fancy diamonds from the rough

Mining News Pro - Burgundy Diamond Mines has made its first purchase of third-party rough diamonds to be sent to its purpose-built cut and polish facility in Perth, Western Australia.

Swick to test first fully electric diamond drill in WA

Mining News Pro - Drilling contractor Swick Mining Services will test the first prototype of its Gen3 E-Rig at a Western Australian client’s site in October this year.

Petra partly sells two big diamonds to local beneficiator

Mining News Pro - London-listed Petra Diamonds has sold its recently recovered 342.92 ct Type IIa white diamond and an 18.30 ct Type IIb blue diamond into a partnership with Stargems.

Shine appointed to Anglo Pacific board

Mining News Pro - Anglo Pacific Group has appointed Varda Shine, former CEO of De Beers Trading Company, as an independent nonexecutive director.

Angola mine leak causes 'unprecedented' pollution in Congo rivers, researchers say

Mining News Pro - Asuspected leak of heavy metals from a mine in northern Angola is causing an "unprecedented environmental catastrophe", affecting some two-million people in Democratic Republic of Congo, researchers at Kinshasa University said on Friday.

Mother nature recycles trash to create diamonds

Mining News Pro - New research from Curtin University has provided a model that explains the formation and locations of all three major types of diamonds, which could impact the way the gems are mined.

Diamcor sells $744k worth of rough diamonds in July

Mining News Pro - Diamcor Mining sold 2 989 ct of rough diamonds in July, marking a good start to its financial year.

Diamond sales at De Beers' Botswana unit rebound as global market recovers

Mining News Pro - De Beers' Botswana unit saw sales of rough diamonds rebound by 41% in the first half of 2021, driven by the reopening of key markets the United States and China, data from the Bank of Botswana showed on Thursday.

Lucara recovers 393 ct diamond at Karowe

Mining News Pro - Lucara Diamond Corporation has recovered a 393.5 ct top white Type IIa gem-quality diamond from its 100%-owned Karowe diamond mine in Botswana.

De Beers records strong sixth-cycle sales

Mining News Pro - Diamond miner De Beers Group sold about $510-million of rough diamonds in its sixth sales cycle of the year.

Burgundy sets A$50m raising target

Mining News Pro - Burgundy Diamond Mines will raise nearly A$50-million to accelerate its diamond strategy.

Record Cullinan performance drives improvement in Petra’s full-year output

Mining News Pro - Diamond miner Petra Diamonds produced 3.2-million carats at its operations in the financial year ended June 30.

De Beers’ second-quarter rough diamond production up 134%

Mining News Pro - Diamond miner De Beers’ rough diamond production increased by 134% year-on-year to 8.2-million carats during the second quarter, which the miner says reflects “planned higher production” to meet stronger demand for rough diamonds.

Gemfields’ new indicator aims for transparency on how much miners pay host countries in taxes

Mining News Pro - Gemfields called on governance bodies, mining organizations, industry observers and host governments to adopt the ‘G-Factor for Natural Resources,’ a new measure promoting greater transparency regarding the level of natural resource wealth shared with the governments of host countries.

Lucara uncovers Botswana’s largest fancy pink diamond yet

Mining News Pro - Canada-headquartered Lucara Diamonds has recovered Botswana’s largest fancy pink gem yet, as well as one of the world’s largest pink diamonds on record, weighing 62.7 ct.

Rare diamonds show life-giving elements present on Earth soon after it formed

Mining News Pro - Ancient diamonds studied by a group of French and Canadian researchers revealed that the presence of life-giving elements in sufficient quantities appeared soon after Earth formed, and has remained fairly constant ever since.

Petra sells 39.34 ct blue diamond for $40.1m

Mining News Pro - The 39.34 ct exceptional Type IIb blue diamond which Petra Diamonds recovered at its Cullinan mine on April 1, has been sold to a partnership between diamond miners De Beers and Diacore for more than $40.1-million.

Petra fetches over $40m for 39-carat blue diamond

Mining News Pro - South Africa’s Petra Diamonds (LON:PDL) has fetched $40.2 million for a 39.34-carat blue diamond it recovered at its iconic Cullinan mine in April, the company’s highest price ever for a single stone.

Lucara signs $220m senior debt facilities to expand its Karowe mine

Mining News Pro - Canadian miner Lucara Diamond has signed loan documentation in relation to its previously announced senior secured project financing debt package of $220-million between Lucara Botswana as the borrower and a syndicate of five mandated lead arrangers (MLAs).

Star Diamond battles Rio Tinto’s call to JV meeting

Mining News Pro - Canada’s Star Diamond said Thursday that Rio Tinto had no right to call or hold a meeting of the joint venture management committee, saying such entity does not yet exist.

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