Gem and Diamond

Mining News Pro - Botswana`s Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country`s government, have awarded Thiess’ subsidiary CIMIC a $1.2-billion contract to extend the lifespan of their Jwaneng mine.

Mining News Pro - The world`s top diamond producer by output, Alrosa, published this week an updated estimate of its Joint Ore Reserves Committee or JORC reserves and resources.

Mining News Pro - Australia’s Lucapa Diamond has recovered an 83.9 carat diamond from its recently commissioned Mothae mine in Lesotho, Africa.

Mining News Pro - Gem Diamonds on Thursday announced the sale of a 13.33 ct pink diamond on tender in Antwerp for $8.75-million.

Mining News Pro - South Africa’s Petra Diamonds has found a 100.83 carat gem-quality diamond at its iconic Cullinan mine in South Africa.

Mining News Pro - Alrosa the world`s top diamond producer by output, reported Thursday that total sales of rough and polished diamonds increased to $345.6 million, up 23% compared to January 2019 (up $64.1 million).

Mining News Pro - Zimbabwean Finance Minister Mthuli Ncube said a rule requiring local investors to control platinum mines will be scrapped and foreigners will be allowed to own 100% in a bid to revive investment.

Mining News Pro - Diamond miner De Beers on Tuesday reported that the value of its rough diamond sales for cycle two of the year was $490-million, compared with $500-million in cycle one and $563-million in cycle two of 2018.

Mining News Pro - European scientists have announced plans to start mining the moon as early as 2025, though what they’ll be extracting is neither gold nor diamonds, but waste-free nuclear energy thought to be worth trillions of dollars.

Mining News Pro - The world`s top diamond producer by output, Alrosa, (MCX:ALRS) has unearthed a rough diamond weighing 98.8 carats at Zapolyarnaya kimberlite pipe, which is the part of Russia`s Verkhne-Munskoye diamond deposit.

Mining News Pro - BlueRock Diamonds has sold the 8.97 ct diamond and the 16.28 ct diamond, that it recovered earlier this month at its Kareevlei diamond mine, in the Kimberley region of South Africa.

Mining News Pro - Africa-focused Firestone Diamonds (LON:FDI) has unearthed an undamaged 70-carat white, makeable stone from its 75%-owned Liqhobong mine in Lesotho.

Mining News Pro - If diamond miner equities are a proxy, the sentiment surrounding the diamond industry is now at historically low levels.

Mining News Pro - Lucapa Diamond Company, with its joint venture partners, has sold $US16.7 million ($22.9 million) of diamonds from its Lulo alluvial mine at a historic tender in Angola.

Mining News Pro -EMX Royalty, a royalty holder on the Gumsberg project in Sweden, announced this week that operator Boreal Metals discovered a high-grade zone of zinc-silver-lead-gold mineralization, named the South Zone, at the property.

Mining News Pro - Lucara Diamond Corporation`s Karowe mine, in Botswana, has yielded another significant find – a 240 ct top white gem diamond.

Mining News Pro - The Star-Orion South diamond project 60 km east of Prince Albert is moving toward the bulk sampling stage. Owner Star Diamond Corp. says that Rio Tinto Exploration Canada – holder of an option to earn a 60% interest – has begun sonic and core drilling of up to 25 pilot holes in preparation for bulk sampling the Orion South kimberlite.

Mining News Pro - Following the reopening of its offices in New York last year and the announcement of growing sales in the US, Alrosa decided to recruit an experienced female executive to lead operations in American territory.

Mining News Pro - In 2018, ALROSA, the largest diamond mining company in the world, held 32 international auctions receiving a total revenue of $463 million for the year, for its special size (over 10.8 carats) rough diamonds.

Mining News Pro - Angola will give the outcome of its first diamond auction on January 31 as the southwest African country’s seeks to increase transparency, attract more investment and boost government revenue, state-owned diamond-trading company Sodiam said.

In Picture