Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, is seeking permission to extend the lifespan of its Jwaneng mine again by digging deeper. Jwaneng, which began operations in 1982, is currently 650 metres deep, but its owners want
According to the independent research group's report, peak diamond production came last year for the N.W.T and will begin to fall in the coming years.
Canada's Pangolin Diamonds (TSX-V:PAN) has found its first diamond at the Jwaneng South Project in Botswana, which is located about 100 km south of the Jwaneng diamond mine, the world's richest. Pangolin is led by Leon Daniels, the same geologist who discovered the kimberlite pipe that produced
Newfield's acquisition allows for mining the combined and contiguous Tongo and Tonguma concessions, which is expected to create one of the largest diamond mines in West Africa, with an estimate resource of 4.5 million carats. The boards of both companies believe the combination would create an
The Zimbabwe Consolidated Diamond Company (ZCDC) has disputed reports that it is exporting diamonds to Botswana, but says it is drawing lessons from a neighbouring country's mining and processing of the gems. ZCDC CEO, Morris Mpofu, said the government had facilitated engagement with entities
Diamcor Mining Inc. is a fully reporting publically traded junior diamond mining company which is listed on the TSX Venture Exchange under the symbol V.DMI, and on the OTC QB International under the symbol DMIFF. The Company has a well-established operational and production history in South Africa
The 910-carat Lesotho Legend was sold in a tender in Antwerp, Gem Diamonds said Tuesday. The company found the stone, which is about the size of two golf balls, at its Letseng mine earlier this year. While it's the most Gem has yet received for a diamond, other companies have sold for more. Lucara
With a current market capitalization of $4 million CAD, the company's Margaret Lake Property is a compelling area play just 9 km north of Canada's newest diamond mine, Gahcho Ku?(C), a joint venture between the discoverer, Mountain Province Diamonds Inc. (market cap.: $530 million CAD), and the 51%
Among the women featured were Stefanie Loader, a geologist and mining executive, who takes viewers into the mines for a behind-the-scenes look at the increasingly prominent role women play. "The diamond mining industry," she says, "provides an excellent opportunity for women to find a stable and
A multidisciplinary and multiethnic team of scientists just published a paper in Nature where they explain the implications of having found calcium silicate perovskites contained within a tiny South African diamond. The gem was dug from the Cullinan mine, located 40 kilometres east of Pretoria, where the
Most large scale diamond mining operations extract the precious stones from kimberlite, an igneous rock that is similar to granite but darker in color. Kimberlite formed over 150 million years ago from volcanic eruptions from the earth's mantle; the intense heat and pressure created the perfect environment
In 2014, Pearson and a group of researchers mining diamonds in Brazil found evidence of a water-rich mineral called ringwoodite. In a study on the mineral, scientists found 1.5 percent of it was water. This suggested that large water reservoirs were between the Earth's transition zone, below the surface,
Under Lamb's leadership, Lucara's Karowe mine gained an industry reputation for producing large, flawless diamonds, fetching market prices high above the average realized for those found at Orapa mine. This mine, the world's largest diamond mine, is owned by Debswana, a partnership between De
At an average elevation of 3,100 metres (10,000 feet) above sea level, Let??eng is also one of the world's highest diamond mines. The biggest diamond ever found was the 3,106-carat Cullinan, dug near Pretoria, South Africa, in 1905. It was later cut into several stones, including the First Star of Africa and
Kennady Diamonds Inc. controls 100 percent of the Kennady North diamond project located in Canada's Northwest Territories. Kennady North is adjacent to the Gahcho Ku?(C) Diamond Mine, a joint venture between De Beers Canada (51%) and Mountain Province (49%). Kennady is focused on expanding
"The sale of The World's Most Expensive Dinner by World of Diamonds Group to V Diamonds has been canceled by a mutual decision of the companies, and World of Diamonds Group remains the sole owner of the ring and the $2 Million Dinner experience. The token sale planned by V Diamonds is
The Let??eng mine is famous for the production of large, top colour, exceptional white diamonds, having produced more than 60 diamonds larger than 100 ct since it started production. It is the highest dollar per carat kimberlite diamond mine in the world. Among the largest diamonds recovered from Let??eng
Melbourne, VIC / March 7, 2018 / JMN Wire / Frontier Diamonds Limited (ASX: FDX) (Frontier or the Company) advises of the discovery of the first diamonds from its Bellsbank Kimberlite Pipe Exploration Project. Bellsbank is located 10 km from the Company's 74%-owned Sedibeng Diamond Mine operations in the Northern
The majority of the mine's production is low quality in terms of size and colour, and the mine's economics are driven by the occurrence of fancy pink diamonds that fetch a significant premium to white and most other fancy coloured stones. In 2018, Argyle's production is expected to decrease by 3Mct
"The Mines and Minerals Act (chapter 21:05) also has no provision that allows ground rental fees to be levied on mining companies. As it stands there is a charge of $3 000 per hectare levied on miners. Given that diamonds are a rare occurrence, diamond miners need to have bigger ground to explore and