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Category: Mining

71.07-carat rough diamond from Lipari Mining image
71.07-carat rough diamond from Lipari Mining image

Lipari Moves into Angola with New 23 Million-Carat Diamond Mine

Company also owns the Braúna deposit in Brazil.
Trucks hauling ore at Mountain Province's Gahcho Kué mine image
Trucks hauling ore at Mountain Province's Gahcho Kué mine image

Mountain Province Skids to Loss as Sales More than Halve 

Company reports deficit of $24.7 million, compared with profit of $4.9 million a year ago.
Lucara Diamond Corp's Karowe processing plant image
Lucara Diamond Corp's Karowe processing plant image

Lucara Chops Guidance Amid Viability Concerns

Miner now expects revenue of up to $160 million versus its previous $195 million to $225 million.
Rough diamonds from Alrosa image
Rough diamonds from Alrosa image

Alrosa Sales and Profit Falter Amid Weak Market, Sanctions 

Revenue down 42% year on year in first quarter.
Rough diamonds from the Lucapa Diamond Company image
Rough diamonds from the Lucapa Diamond Company image

Lucapa Sees Increase in Revenue and Diamond Prices

Lulo mine sales up 6% despite temporary shutdown due to blockades.
Burgundy Diamond Mines' Misery underground operations image
Burgundy Diamond Mines' Misery underground operations image

Ekati Revenue Dips Amid Lower-Quality Goods 

Rough sales fall 38% year on year in first quarter.
Large rough diamond from Gem Diamonds image
Large rough diamond from Gem Diamonds image

Lower-Value Rough Dents Gem Diamonds Revenue 

Company held off sale of better goods due to tariff uncertainty.
Trucks hauling ore at Mountain Province's Gahcho Kué mine image
Trucks hauling ore at Mountain Province's Gahcho Kué mine image

Lower Sales Volume, Demand Dent Mountain Province Revenue 

Figures down by more than half for first quarter, as miner processed only stockpiled ore.
Aerial view of Rio Tinto's Diavik mine
Aerial view of Rio Tinto's Diavik mine

Rio Tinto Output Rebalances Following Last Year’s Pause 

Rough production up 27% versus same period of 2024 in first quarter.
Rough diamond from Lucapa Diamond Company's Lulo mine image
Rough diamond from Lucapa Diamond Company's Lulo mine image

Lulo Mine Sees Increase in Rough-Diamond Resources 

Deposit had 249,000 carats of extractable material at end of 2024, up 9% from 2023.

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