ALROSA, the world's largest diamond mining company, offers fans to choose a "football" name for large rough diamond weighing 76.53 carats.
Diamond Mining News
The $575-million figure represents a 6% increase from the $541m obtained in the same period last year and 3.7% higher than the $554m it sold last month.
The collection consists of 32 round diamonds, 0.3 carats each, named after the countries - participants of the World Cup.
In particular, sales of diamond jewelry in North America (the USA and Canada) have increased by 5% as compared to the first quarter of the previous year. The North American market has a strong lead in jewelry sales volumes - as per the results of 2017 it accounted for 53% of total global sales.
Copper, iron ore prices drop, mining majors punished as US threatens more tariffs on "predatory" Chinese imports and Beijing calls it "blackmail".
The Rapaport Group says the world's largest diamond miner does not allow clients to disclose the source of their gemstones, except with De Beers' prior written consent.
The Central African Republic (CAR) was banned from exporting diamonds in 2013 after rebels seized power.
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.