Rapaport Magazine Shifts Focus to the Holidays
The September issue looks at the spending trends, gemstones, and styles shaping retail shopping this festive season.
Category: Mining
Diamond is fifth largest ever recovered from deposit.
New material is equal to eight years of production, according to Lucapa.
Average value per carat down 24% in 2023.
Lab awards grant of $93,000 to deploy technology and train small-scale mining community in its use.
Miner recovers 215-carat rough from Liqhobong deposit in Lesotho.
Company recovers 162 and 116-carat stones on consecutive days.
Profit fell in 2023; miner withholds information on location of customers.
Improvements in plant processing and ore grades lift miner’s guidance for Gahcho Kué.
Lucara also recovered a 111-carat stone and two over 50 carats.
Decrease in revenue, impairment charge and “significant” expense on underground transition take toll.
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