Lucapa Diamond restarts Mothae mine in Lesotho

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.

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.