De Beers makes diamond buyers cough up cash with fresh price rise
Mining News Pro - De Beers has implemented its biggest price increase for diamonds in years as the industry consolidates its recovery from the first pandemic-induced shutdowns.
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Visit: 13
Flawed diamonds may be the key to quantum internet
Mining News Pro - New research by a team at Japan’s Yokohama National University found that flaws in diamonds —atomic defects where carbon is replaced by nitrogen or another element— may offer a close-to-perfect interface for quantum computing, a proposed communications exchange that promises to be faster and more secure than current methods.
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Visit: 25
Botswana’s Debswana diamond sales jump 73% in first nine months of 2021
Mining News Pro - Sales of rough diamonds by Debswana Diamond Company jumped 73% in the first nine months of 2021, statistics released by the Bank of Botswana showed on Tuesday, driven by the reopening of U.S. and China’s consumer markets.
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Visit: 181
Rio Tinto now the sole owner of Diavik diamond mine
Mining News Pro - Rio Tinto became on Thursday the sole owner of the iconic Diavik diamond mine in Canada’s Northwest Territories after buying the 40% share held by Dominion Diamond Mines, despite previously saying it had no plans to take full control of the aging Arctic mine.
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Visit: 223
Gemfields finds largest emerald ever at Zambia mine
Mining News Pro - Africa-focused Gemfields has found the largest emerald ever mined at its Kagem mine in Zambia — a 7,525-carat (1,505g) gemstone named Chipembele, which means “rhino” in the local dialect of Bemba.
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Visit: 175
Gemfields finds largest emerald ever at Zambia mine
Mining News Pro - Africa-focused Gemfields has found the largest emerald ever mined at its Kagem mine in Zambia — a 7,525-carat (1,505g) gemstone named Chipembele, which means “rhino” in the local dialect of Bemba.
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Visit: 183
Lab-grown diamonds are latest victims of China’s power crisis
Mining News Pro - The lab-grown diamond industry is the latest sector to feel the effects of China’s energy crisis — and if the situation gets worse, consumers may find that special Christmas gift is suddenly a lot more expensive.
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Visit: 200
Gem lowers full-year production guidance
Mining News Pro - Gem Diamonds, which operates the Letšeng mine, in Lesotho, has lowered its production guidance for the full-year to December 31 to between 110 000 ct and 114 000 ct, compared with the previously guided 123 000 ct to 127 000 ct.
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Visit: 231
Burgundy reaps rewards of fancy diamond niche
Mining News Pro - Burgundy Diamond Mines has received its first parcel of rough fancy colour diamonds at the Ellendale cutting and polishing facility in Perth, after their purchase in September.
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Visit: 329
Family who exited De Beers for $5 billion taps Asia’s rich
Mining News Pro - The family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its Asia exposure and partner with the region’s wealthy.
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Visit: 251
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.
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Visit: 301
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.
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Visit: 353
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.
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Visit: 89
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.
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Visit: 309
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.
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Visit: 343
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.
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Visit: 332
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.
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Visit: 365
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.
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Visit: 341
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.
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Visit: 306
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.
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Visit: 350
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.
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Visit: 364
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.
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Visit: 342
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.
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Visit: 360
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.
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Visit: 380
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.
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Visit: 397