On a 100% basis, the Gahcho Kué mine is expected to produce 36.3 million carats from the beginning of 2024.

Lucara finds world’s 2nd largest diamond ever mined

The “epic” diamond, as Lucara put it, was detected thanks to a special recovery technology, installed in 2017.

Cecilia Jamasmie | August 22, 2024 | 4:03 am

Anglo American to receive coal bids in September

The sale process includes the Grosvenor and Moranbah North mines along with three smaller mines in Queensland.

Cecilia Jamasmie | August 20, 2024 | 4:02 am

Once developed, Lahtojoki would be the first diamond mine in the European Union.

Staff Writer | August 13, 2024 | 10:15 am

Botswana's economy has been hit by a drop in demand for diamonds.

Reuters | August 13, 2024 | 8:35 am

Lucara's Karowe mine in Botswana generated $41.3 million in revenue, a 7% increase from the same period last year.

Staff Writer | August 12, 2024 | 6:34 am

The Type II, white diamond is the ninth greater than 100-carat precious stone recovered this year at the Letsěng mine.

Staff Writer | August 7, 2024 | 5:24 am

Petra is holding on to the diamonds from its South African operations, but will sell those from its Williamson mine in Tanzania as planned.

Cecilia Jamasmie | August 6, 2024 | 3:43 am

The sector employs nearly half a million people and contributes about 7% to the country's GDP.

Staff Writer | August 5, 2024 | 10:36 am