Miner will include Sarine’s mapping and planning technologies into its sales platform, which applies algorithms to match rough diamond production with polished manufacturing demand on a stone by stone basis.
Diamond Mining News
Zambia’s Revenue Authority served the firm two search warrants during an unannounced visit to its Kagem mine.
Marcus ter Haar said the company sold 1.778 million carats in the first half of 2018 compared with 1.808 million carats in the same period last year.
The company that digs the world’s most valuable diamonds may soon become the one that also finds the biggest.
Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries.
Country now accounts for as much as 80 percent of global ruby output.
Lucapa Diamond Company and the Government of the Kingdom of Lesotho (“GoL”) are pleased to provide an update on diamond recoveries from the ongoing bulk sampling program at the Mothae diamond mine in Lesotho (Lucapa 70%; GoL 30%).
Pandora cuts expected revenue from 7 to 10 per cent to 4 to 7 percent.
The 10 rough, larger-than-100-carats diamonds produced at Letšeng led the hike.
Archaeologists unearthed 3,000 gold and precious metals objects and jewelry pieces.
The killing of three reporters in the Central African Republic pulls a private, pro-Kremlin military company out of the shadows.
The company said that the Dynasty diamond “is the purest of all large diamonds manufactured throughout the Russian jewelry history.”
Given that most of the high-economic diamond deposits in the world have already been put into production, diluted via expansion, or depleted, going forward the economics of diamond mines will inevitably gravitate towards higher-cost, lower-value operations.
They were said to be investigating a private Russian security company operating in CAR as well as Russia’s interests in the local diamond, gold and uranium sectors.
The Hope Diamond, a rare blue diamond that is one of the world's most famous jewels, has had a complicated history, passing through the hands of monarchs and bankers and heiresses and thieves. The geological history of blue diamonds is even more complex.
Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts.
The failed plan was to find an operator with a lower cost structure or a different mining approach that would be able to take over and extend Voorspoed’s life.
The 11.88-carat diamond was recovered from the North zone of the Mothae diamond mine.
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.