The 11.88-carat diamond was recovered from the North zone of the Mothae diamond mine.
Diamond Mining News
The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.
The world's leader in diamond mining reports raising of its long-term credit rating by S&P Global Ratings international rating agency to BBВ-, the outlook is stable.
Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.
The gem was sold on tender for $11,267 per carat.
Anglo American unit De Beers expects its purchase of Canada's Peregrine Diamonds, its first upstream diamond acquisition since 2000, to be completed in a month to six weeks' time.
Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past 10 years.
The miner said it expects to produce 4.6 million to 4.8 million carats in 2019, well below the 5.0-5.3 million carats it forecast in July last year.
Total diamond resources are estimated to contain 3.5 million carats of diamonds.
Canadian firm is the sole owner of the Chidliak diamond project in Nunavut.
From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
Getting to them would take technology far beyond what we currently have at our disposal.
Gemstone producer us is expanding its footprint in Mozambique by acquiring nine ruby assets from ASX-listed Mustang Resources and Regius Resources Group.
The 3.14-carat polished emerald cut diamond, known as The Argyle Alpha, is part of the line-up of 63 rare pink, red and violet diamonds in the 2018 Argyle pink diamonds tender.
More than 30 people suggested naming the diamond "Lev Yashin" in honour of the legendary Soviet goalkeeper. The first participant to propose this idea was Ilya Turbachev from Chelyabinsk, who is to receive a ticket to the final game. The focus of the competition, a 76.53-carat rough diamond, mined at International pipe, will be named "Brilliant Moment!" The suggestion came from Aytalina Argunova from Mirny, who will also receive a ticket to the final game.
This time is a 114-carat white stone.
Over 80 percent of the total workforce earn a piece rate of 1 to 25 rupees for each stone they polish and have no social benefits.
The 0.50-carat stone was found at the company’s Karpinskaya-1 pipe, located in the northern Arkhangelsk Region.
Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.
SYNTHdetect, launched last year, is the first synthetic diamond screening device.
Production at Lucapa's 40%-owned Lulo project, in Angola, rose 20% during the June quarter.
Mineral Resources Minister Gwede Mantashe believes mines on care and maintenance are bad for the economy.
The Kimberley Ekapa joint venture focuses on mining in the South African town of Kimberley.
In 2017, the total revenue of ALROSA from the sale of diamonds at tenders and auctions in Vladivostok exceeded $70 million. On the first 2018 auction held in May ALROSA sold large rough diamonds for $14.8 million. Until the end of 2018, ALROSA will hold two more auctions in Vladivostok - in September and November.
Rio Tinto‘s Australian Diamonds programme has launched its latest campaign in India highlighting a new range of affordable bridal and fashion jewellery from the company’s Argyle diamond mine in Australia.