Category: Mining

320ct. Rough Among Four Large Diamonds Unearthed from Karowe

Lucara also recovered a 111-carat stone and two over 50 carats.

Lucara Skids to Loss in 2023 Amid Challenging Market

Decrease in revenue, impairment charge and “significant” expense on underground transition take toll.

South Africa’s Small-Scale Diamond Mining Dilemma

Executives are left frustrated as they try to tap into the full potential of their deposits along the lucrative Orange River.

Falling Rough Prices Hit Petra Revenue in First Half

Miner cuts full-year production outlook amid unforeseen underground mechanical issues at Finsch.

Gem Diamonds Recovers 113ct. Rough from Letšeng

Stone is third over 100 carats miner has found at deposit this year.

Lucara Rough-Supply Deal with HB Back On

Manufacturer will purchase all diamonds over 10.8 carats and give miner a share of polished profit.

Canadian Miner Brings On Diamond Specialist

Nelson Karun will provide Star Diamond with info on rough sorting and valuation.

De Beers Rough Prices Slip 6% in 2023

Oversupply in the midstream and lack of demand spur decrease.

De Beers Signs On to Help Develop Angola’s Diamond Sector

Miner will collaborate with Endiama and Sodiam to increase production and enhance social development.

Rio Tinto Facing Charges over Safety at Diavik

Miner will head to court after a “serious worker injury” occurred.

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