Lab also rolling out new comments clarifying impact of fluorescence.
Category: Mining
Stones underwent cleaning and preparation to maximize their value.
Combined group will remain committed to divesting De Beers.
Miner will lay out $102.1 million on expansion of Degdekan deposit.
Miner reports loss of $11.7 million in second half.
Unfavorable weather, weak demand and transitioning production to new areas led to a deficit.
Miner also draws down $10 million on shareholder loan to fill funding shortfall for Karowe expansion.
Mining executive is retiring after almost three years at company’s helm.
Restructuring of trading department reflects ongoing market crisis.
Dubai-based Gaston International, which Dev Shetty founded, buys Lulo deposit and all other assets.
Lower-grade ore also hindered earnings, as miner had less supply to sell in second quarter.