Alrosa recovers large diamond from Verkhne-Munskoye deposit

Russia’s Alrosa is rolling out a program that will allow jewelry buyers to track their diamond’s history in detail.

The first 228 metre cutter bulk sample has been successfully completed at the FalCon diamond evaluation project in Saskatchewan, Canada.

The buyer, local company Pro Civil, is assuming the environmental liability currently associated with the London-listed miner.

“Wilson” kimberlite is the first new kimberlite found at Gahcho Kue in 20 years.

The diamonds to be sold by Vutomi, in which Botswana Diamonds holds a 40% interest, are expected to generate short-term cash flow to further develop he Thorny River project.

BlueRock owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa.

The international group says sales of polished diamonds below 0.50 carats are slow due to excess supply, weak Chinese demand and tight Indian liquidity.

The Ministry of Energy, Northern Development and Mines issued 10 exploration permits to the junior miner.

Two ministers met with captains from the Indigenous tribe, however, activists say their complaints against the environmental and social impacts of the Orinoco Mining Arc tend to fall on deaf ears.