De Beers Rough Production Down 15%
De Beers reported a 15 per cent drop in its global diamond production in Q2, as demand remained weak for yet another quarter.
The H1 figure (16.5m carats) is down 19 per cent on the...
Lucapa Resumes Search for Lulo Kimberlites
Lucapa says it has resumed its search for the kimberlite sources of diamonds currently being recovered at its Lulo mine, in Angola.
The Australian miner says the exploration program is in full flow again after...
Diavik, the Solar-Powered Diamond Mine
Rio Tinto has installed Canada's largest off-grid solar power plant at its Diavik diamond mine on the edge of Arctic Circle.
It will provide up to a quarter of the electricity needed for production until...
Lucapa Recovers Sixth Biggest Diamond at Lulo
Lucapa has recovered a 195-carat Type IIa diamond from its Lulo alluvial mine, in Angola.
It's the fourth +100-carat diamond to be recovered at Lulo this year and he 44th since the Australian miner started...
BHP “to Increase Offer for Anglo American”
BHP is likely to increase its all-share offer for Anglo American after the UK miner rejected its $39bn bid last week.
A successful bid would almost certainly mean the sale of De Beers, which doesn't...
Petra Sells Mothballed Mine to Stargems
Stargems has acquired Petra's mothballed Koffiefontein mine, in South Africa, for a "nominal cash consideration".
The loss-making deposit, which Petra bought from De Beers in 2007, has been on care and maintenance since November 2022.
Petra...
Work Resumes at India’s Only Diamond Mine
Work has resumed at India's only mechanized diamond mine.
It could take a year to remove soil and stone (overburden) before extraction starts at Majhgawan, in the central state of Madhya Pradesh.
But National Mineral Development...
Rare Beetle Found at Orapa Diamond Mine
A rare species of beetle, dating back 90 million years, has been found at Orapa, the world's biggest diamond mine, in Botswana, shedding light on the evolutionary history of beetles.
The Paleothius mckayi is a...
Petra’s Fourth Tender Sees Strong Sales Growth
Petra Diamonds said its fourth tender cycle of FY 2024 demonstrated robust growth in the market, selling 428,860 carats for $47.8 million, marking a 4.0% increase in like-for-like prices compared to Tender 3 FY...
Lucara’s Deal with HB Antwerp is Back On
Lucara's on-off deal for HB Antwerp to sell its specials from the Karowe mine, Botswana, is back on again.
The Canadian miner yesterday (18 February) announced details of a 10-year deal that is very similar...
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LBMA Adds India’s Choksi Heraeus to Silver Good Delivery List
Choksi Heraeus Pvt. Ltd. (CHPL), a leading silver refinery based in Udaipur, Rajasthan, India, has been added to the London Bullion Market Association (LBMA)...
“Marie Antoinette Diamond Necklace” Sells for $4.8m
An historic necklace that has been linked to Marie Antoinette sold for $4.8m at Sotheby's Geneva, smashing its pre-auction high estimate of $2.8m.
Seven bidders...
Prithviraj Jewels Unveils Luxurious New Store in South Extension
~Discover exquisite jewellery that masterfully blends tradition with contemporary elegance
New Delhi, November 2024 – Prithviraj Jewels, a name synonymous with exquisite craftsmanship and heritage...
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