Mining News

AGD credits its "environmentally friendly technologies” for this latest find

Reserves at Lulo are 25% higher than previously thought, price per carat has soared 14%

Revenue for the quarter totaled in $1.4 million - a slight rise year-over year

Revenue for the year fell 21% to about $3.33 billion following a fall of 12% in sales

This is the second diamond bigger than 100 carats it has found this year

For 2019, Rio Tinto recorded a net loss of $21 million

The stone is a bright yellow gem-quality diamond weighing 17.44 carats

Lucara’s revenue exceeded its guidance for the year, estimated at $170-$180 million

Lucapa found 45 diamonds weighing 30.3 carats - some of which are Fancy and rare

Revenue decreased 24% to $4.6 billion and rough diamond sales fell 26% to $4 billion

Angola’s diamond marketing company Sodiam predicted a rise in production to 14 million carats in 2020

Despite increased production at its mines, Petra recorded a net loss in the 2nd half of 2019

Botswana and De Beers’ huge 10-year sale agreement is expected to expire by the end of 2020

The Letšeng mine keeps on delivering, with three big diamonds found in one day

The stone is an unbroken 549 carat white diamond of exceptional purity”

Production was up 3% to 2,070,240 carats in the last six months of 2019

The miner commented that the rough market showed positive signs late in 2019

For the full 2019, rough diamond sales by volume fell 8% to 30.9 million carats