Category: Mining

Lucara to shell out additional $163 million on project.
Nick Selby will take over as miner’s interim CEO when Stephen Wetherall departs.
Stone is third largest ever recovered from deposit and 37th over 100 carats.
Stone is second over 100 carats from Letšeng this year.
Needing to keep workers busy, Indian manufacturers are supporting the market for lower-value goods during the downturn.
Miner scores $107 per carat for rough from its Liqhobong deposit.
Pink Diamond Investments has purchased just under 50% of the site.
Investment in HB Antwerp will not affect long-standing partnership with miner, government says.
Like-for-like valuations dropped 13% at miner’s fifth tender.
May cycle brought in 21% less than a year earlier.

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