Lucapa finds Lulo mine’s third-largest diamond
The diamond is also the second 100-carat-plus stone Lucapa retrieved in October, following the recovery of a 123-carat, type IIa rough at the start of the month. The mine, which…
Diamond
De Beers output drops amid Venetia mine transition
De Beers, the world’s largest diamond producer by value, saw production fall 23% to 7.4 million carats in the third quarter ended Sept. 30 as a result of planned slow-down…
Petra Diamonds says supply curbs, India’s moratorium stabilizing market
Petra Diamonds (LSE: PDL) said on Tuesday that operations at its Cullinan and Finsch mines in South Africa, and the resumption of production at the Williamson mine in Tanzania, led…
Lucapa Diamonds names Selby as CEO and managing director
Australia’s Lucapa Diamonds (ASX: LOM) has appointed interim chief executive Nick Selby as its permanent CEO and managing director. Selby, an extraction metallurgist who joined Lucapa in 2014, took the helm in…
Lucara Diamond ends HB Trading sale agreement
Canada’s Lucara Diamond (TSX: LUC) has terminated its sales agreement with HB Trading covering high-value diamonds from the Karowe mine in Botswana, following a “material breach of financial commitments” by HB. The two parties inked…
Researchers discover missing clue to find pink diamonds
Researchers from Curtin University have identified the missing third key ingredient needed to bring valuable pink diamonds to the Earth’s surface, which could be the answer the market was looking…
Beaver Creek: Critical minerals shine at precious metals summit
The mining sector, a longstanding pillar of the global economy and even more important now with rising attention to critical metals and secure supply in Western nations, is facing emerging…
De Beers trusts talks will avoid strike at Venetia mine
De Beers, the world’s largest diamond producer by value, said on Friday that trusts ongoing negotiations with the National Union of Mineworkers (NUM) will prevent a planned strike over wages at…
Lucara unearths 692-carat diamond at Karowe mine in Botswana
Lucara Diamond (TSX: LUC) has recovered its fourth diamond weighing over 300 carats this year from its Karowe diamond mine in Botswana — a 692.3-carat stone. The diamond, measuring 46.5…
Mining personnel leaving Yellowknife as wildfires prompt evacuation order
Explorers and miners in the Northwest Territories are shifting focus to the safety of their staff and communities after the government ordered the evacuation of Yellowknife on Wednesday evening as…
Miners in NWT hunker down as emergency-level wildfires approach Yellowknife
Miners and explorers are scaling back or modifying operations in the Northwest Territories as severe wildfires prompted the government to declare a territory-wide state of emergency on Tuesday.An evacuation order…
Lucara shares up on report of fourth diamond recovery north of 1,000 carats
Lucara Diamond (TSX: LUC; BSE: LUC) shares rose by more than 12% Wednesday after it reported pulling a 1,080 carat diamond from its Karowe diamond mine in Botswana. It’s the…