Category: Diamond

Lucapa Diamond Company and the Government of Lesotho have announced the recovery of a 215 carat diamond from the Mothae kimberlite mine in Lesotho. The 215 carat stone is the largest Type IIa D-colour white diamond, the second +200 carat diamond and the fifth +100 carat diamond recovered through the 1.1 Mtpa Mothae plant since commercial diamond mining operations began in 2019. This 215 carat diamond follows the recovery of an exceptional 101 carat diamond in December 20201. Lucapa and the GoL aim to further increase the frequency in recovery… Read More Here

Botswana Diamonds (BOD) has entered into a cooperation agreement to fund exploration of its prospecting licence assets in Botswana with Diamexstrat Botswana (DESB). Diamexstrat Botswana, in turn has an alliance agreement with Burgundy Diamond Mines.  Botswana Diamonds (BOD)’s prospecting assets comprise the recently acquired Sekaka Diamonds Exploration database and Prospecting Licenses, as well as the Prospecting Licences held by BOD’s subsidiary, Sunland Minerals. James Campbell, BOD MD, comments: “I am delighted to partner with Diamexstrat to progress our extensive and highly prospective exploration assets in Botswana which comprises Sekaka Diamonds… Read More Here

Lucapa Diamond Company and its partners have announced the results of the first diamond sale of 2021 by Sociedade Mineria Do Lulo (SML) from its Lulo alluvial mine in Angola. The rough diamond parcel of 4,273 carats was sold for a total of US$5.9 million (A$7.7 million) or US$1,375 (A$1,793) per carat. Lucapa MD, Stephen Wetherall comments: “As with the first sale of Mothae diamonds in 2021, prices achieved by SML at this sale continued to reflect the positive industry mood, and with sales from both operations in 2021 already… Read More Here

Botswana Diamonds, a publicly traded company, has made a company arranged placement with existing and new investors to raise £ 363,000 through the issue of 60.5 million new common shares. This includes a cash subscription from certain Directors. The funds raised will be used to finance ongoing exploration activities in Botswana and South Africa this year, as well as for working capital. Read More Here

De Beers implemented its biggest price increase for diamonds in years as the industry starts bouncing back from the pandemic-induced shutdown. The world’s biggest diamond producer raised prices by about 5% at its first sale of the year, according to people familiar with the situation who asked not to be identified because the information is private. The increases mostly applied to stones bigger than 1 ct, the people said. The diamond industry has surprised many by the speed of its recovery after being brought to a complete standstill in the… Read More Here

Canada’s Lucara Diamond (TSX: LUC) has found an unbroken 341-carat white gem-quality rock at its prolific Karowe mine in Botswana, with analysts estimating it could fetch more than $10 million. The Vancouver-based miner said the diamond was recovered over the Christmas period from milling of ore coming from the south western quadrant of Karowe’s South Lobe. The diamond is the 54th stone over 200 carats recovered at Karowe since it began commercial operations in 2012. The find builds on previous historic recoveries which include the 342-carat Queen of the Kalahari, the 549-carat Sethunya, the 1,109-carat… Read More Here

ASX-listed Lucapa Diamond Company and its partners have recovered a 113 carat diamond from its Lulo alluvial mine in Angola. This is the 17th +100 carat white diamond recovered by Sociedade Mineria Do Lulo (SML) from Lulo. The 113 carat gem-quality white stone is the 1st +100 ct diamond recovered from Mining Block 46, immediately downstream of the Canguige river. It is particularly significant, as it shows that these large and high-value diamonds continue to occur right up to the current focus area of our kimberlite exploration program. This recovery… Read More Here