The Diagras property covers 22,595 hectares with a total of 23 known kimberlites on trend with the Diavik mine.
Diamond Mining News
During a 5-day experiment, the company extracted 239 diamonds larger than 8 carats.
The diamond miner said the appointment of a new chair was "not appropriate" at this time.
Alrosa will assess Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project.
The joint venture partners have awarded a $1.2-billion contract to extend the lifespan of their Jwaneng mine unit 2035.
Miner has hit back at a push to make it more accountable for carbon emissions produced by its customers, including Chinese steel makers.
Russian diamond giant says decision to restore underground mine will be made before 2024, but construction could take up to eight years.
Reserves were estimated at 628 million carats.
Debswana lifted diamond output by 6% to a four-year high of 24.1 million carats in 2018.
Russian state-controlled diamond producer Alrosa said on Friday its 2018 net profit rose to 90.4 billion roubles ($1.4 billion).
While the 83.9 carat rock was not gem-quality, Lucapa says the find continues to underline the large-stone nature of the kimberlite resource.
Capital investment in the mining sector has declined each year since 2012, with investment intentions for 2018 in line with this trend.
The price per carat was $657,000 — a record for a diamond found at Gem’s Letšeng mine in Lesotho.
Ethically sourced gold for example, may command a price premium of 3% to 5%.
De Beers quietly entered the recycled diamond business in 2016.
Foreign-controlled miners are required to gradually start reducing ownership after five years of production.
The company cited uncertainty about the global diamond industry as one of the main reasons for choosing not to pay a divvy.
South Africa’s alluvial diamond miners hampered by lack of government support, funding and inappropriate regulations
The alluvial diamond mining industry has attempted to highlight the diversity of the junior mining sector and the challenges of the ‘one size fits’ all approach to minerals policy by regulators.
Out of 800 people polled, 40% prioritize work-life balance.
It follows the recent recovery of a 6.12 carat Type II blue stone at the same mine.
Brazil’s new right-wing government is going ahead with announced changes to current mining regulations, which include a controversial plan to open up indigenous reserves to mining.
Rough diamonds sales in February increased to $340.6 million, compared to $278.2 million in January 2019.
Retail jewellery sales fell during the last quarter of 2018, while polished prices continued to decline into the beginning of 2019.
Foreign platinum and diamond miners have been restricted to only 49 percent ownership of their Zimbabwe operations by the black economic empowerment law.
Field Analytical Services and Testing (FAST), is launching in North America and Australia.