The Central African Republic (CAR) was banned from exporting diamonds in 2013 after rebels seized power.
Diamond Mining News
Lucapa has a 35-year license for Lulo, which early last year bore a 404.2-carat white diamond, considered the largest diamond ever recovered in Angola and the biggest diamond ever found by an Australian company.
The Minerals Council South Africa said it does not support some elements in the latest draft of an industry charter.
Gwede Mantashe said that 20 out of 45 mining deaths reported since the start of 2018 have taken place at Sibanye-Stillwater’s mining sites.
A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.
No surprise who the winner is.
The new rules are a clear effort to improve the current legislation as seamlessly as possible, but in close attention to the international industry dynamics and to a number of other sensitive issues (such as environmental recovery and security).
Shareholders approved the discounted rights issue at a special meeting in London held Wednesday.
The two separate decrees aim at making the local industry more competitive and sustainable, while while implementing rules on the collection of higher mining royalties.
BCL mine group, which has been under liquidation since 2016, is selling its 51 percent stake in Maibwe Diamonds for an undisclosed amount.
Michel Temer is expected to issue a decree next week introducing key changes to mining rules that date back to the 1960s.
"Polar Index" became the first specialized rating of companies whose geography of activities affects the Arctic zone of Russia. The results of the first rating were presented in the Public Chamber of the Russian Federation on World Environment Day held on June 5.
Area is close to the Venetia mine, operated by De Beers, which delivers around 40% of South Africa’s annual diamond production.
President Joao Lourenço said changes aim at attracting more investment, increasing production and securing higher government revenue.
James Kwantes, editor of Resource Opportunities, speaks with Ken Armstrong, the CEO of one of the more active diamond companies globally.
ATAC’s technical team is operating two diamond drill rigs on the Conrad Zone at the wholly-owned Osiris Project.
No longer under water.
The mine has probable reserves of 5 million tons at a grade of 31 carats per 100 tons and inferred resources of 10.3 million tons at 31 carats per 100 tons.
The company, which began operations a year ago, said the move seeks to strengthen its communication with key stake holders and consumers.
The white octahedron of "top clarity" is the largest gem quality diamond and fourth largest stone ever recovered at the company's Gahcho Kué mine, located in Canada’s Northwest Territories.
The Canadamark program verifies that diamonds are natural and untreated, and mined in Canada under a regulatory regime.
India seeks to import gold and diamonds for value-addition before exporting them.
After vowing for over a century it would never sell stones made in laboratories, De Beers will start doing so in September.
Petra has been hit by production delays, strikes, a confiscated consignment of diamonds and a strong South African rand.
Alrosa's 2018 production is expected at 36.6 million carats but its sales will be higher than its production - at about 40 million carats.