Lucara bets on diamond market recovery, plans mine expansion

The company has earmarked $53 million for early work on a planned underground mine at Karowe. A final investment decision will be made in the second half of 2020.

Cecilia Jamasmie | November 29, 2019 | 3:54 am

Zimbabwe’s ZCDC plans debut international diamond sale in 2020

ZCDC has cut its diamond production forecast for this year by 24% to 3.1 million carats, but sees a rebound to 6.12 million carats in 2020.

Bloomberg News | November 28, 2019 | 9:45 am

Tomra sorter boosts Lucara’s exceptional finds

Lucara’s success at the Karowe mine continues, most recently with rare gem quality blue and pink diamonds recovered in September 2019.

Canadian Mining Journal Staff | November 27, 2019 | 1:10 pm

Diamond sector battles crisis fatigue

A non-remote diamond discovery – and potentially mine – could be a game changer for the industry, and a balm to soothe its crisis fatigue

Alisha Hiyate - The Northern Miner | November 22, 2019 | 11:50 am

De Beers Namibian diamond venture seeks tax breaks to extend operations

Diamond mining is the largest taxpayer in Namibia and generates 20% of the southern African country's export earnings.

Reuters | November 21, 2019 | 12:10 pm

Pink diamonds deliver strong results for Rio

The miner reported double-digit growth in the number of bids for its 2019 Argyle Pink Diamonds Tender.

MINING.COM Staff Writer | November 21, 2019 | 6:15 am

Alrosa keeps Russian doll-type diamond in rare-find collection

The selection of rare stones already includes a skull-shaped and a football-liked rough diamond that were mined in recent years.

Cecilia Jamasmie | November 21, 2019 | 6:03 am

Countries reminded of consequences of inaction on the Kimberley Process

The World Diamond Council said that member countries need to reach an agreement on necessary reforms.

MINING.COM Staff Writer | November 20, 2019 | 6:20 am

Global public consultation launched on tailings dam standards

The initiative aims to prevent a repeat of Vale's tailings dam burst in January, which killed 300 people.

Cecilia Jamasmie | November 15, 2019 | 6:48 am

First

Last

Gemfields aims for transparency on how much miners pay host countries in taxes, dividends

What a “Joy” — Lucara finds largest fancy pink diamond yet

Rare diamonds show life-giving elements present on Earth soon after it formed

Lucara Diamond locks in $220 million loan for Karowe expansion

Petra fetches over $40m for 39-carat blue diamond

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