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Category: Mining

The Williamson mine in Tanzania image

Petra Forecasts Market Stabilization Amid Supply ‘Discipline’

Miner’s sales up 13% year on year in 12 months ending June 30.
Diavik mine image

Rio Tinto Offers Diavik Mine Employees ‘Voluntary Separation’

Move is an effort to manage costs in challenging market in lead-up to deposit’s closure.
Image of Rough emeralds

Flagging Demand, China Downturn Hit Gemfields Emerald Auction  

Competition from another producer’s sale also affected revenue.
Image: An aerial view of the Ekati mine. (Burgundy Diamond Mines)

Ekati Owner Expects Mine to Continue Past Current End-of-Life Date

Development at Misery region likely to last “much longer than previously expected,” according to Burgundy Diamond Mines.

Podcast: The Giant Diamond

Lucara CEO William Lamb reacts to the company’s biggest discovery yet.
letseng diamond image

Gem Diamonds Lifts Full-Year Guidance Amid Increase in Large Stones

Miner recovered eight rough specimens over 100 carats in first half, compared to two during the same period a year ago.
The 2,492-carat rough diamond image

2,492ct. Diamond May Be Better Off Uncut, Says Lucara CEO

Miner assesses options for selling world’s second-largest rough.
The minister of mines and mineral resources for Sierra Leone holding the 391.45-carat diamond image

Sierra Leone’s Meya Mine Yields 391ct. Rough 

Diamond was originally part of 515-carat stone that broke into three pieces.
lulo mine angola image

Lucapa Slides to Loss in First Half Amid Weak Market 

Continued slowdown led miner to $1.3 million deficit and 26% drop in average price.
rough diamond with tools

Mountain Province Increases Diamond Resource Estimate 

Company will recover approximately 36.3 million carats per year during remainder of lifespan, compared to previous 30.8 million.

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