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BlueRock resumes production at SA diamond mine

BlueRock Diamonds has resumed production at its Kareevlei diamond mine in South Africa after identifying a fault in the cone crusher within the crushing circuit, which has been affecting throughput.

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ALROSA launches football collection of diamonds on the occasion of 2018 FIFA WORLD CUP RUSSIA TM

The collection consists of 32 round diamonds, 0.3 carats each, named after the countries - participants of the 2018 FIFA WORLD CUP RUSSIA TM. All diamonds are of high quality, D to F color and VVS2 to IF clarity, they were mined in Russia and cut by...

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Diamcor revises offering to C$3,5 mln

Diamcor Mining has decided to reduce the size of the previously announced non-brokered private placement of up to C$5 million to C$3,5 million as it managed to source vendor financing for a portion of the equipment being installed at the Krone-Endora...

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The School of Jewelry Arts offers its courses in the heart of Paris

This summer L’École des Arts Joailliers (The School of Jewelry Arts) launches a session of courses to learn from jewelry, taught in English or French, according to a note from the School.

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Global sales of diamond jewelry have grown by 7% in Q1

In Q1 2018, sales of jewelry with polished diamonds in the main global consumer markets have grown by 7% as compared to the last year. This is evidenced by the analysis conducted by ALROSA experts based on the data of retailers and the states'...

22 june 2018

De Beers suspends exploration budget

11 october 2017

(The Business Day) - De Beers, which will be down to a single mine in South Africa from 2020, has 54 exploration applications stuck with the Department of Mineral Resources, some for two years, and has suspended its R40m annual exploration budget in the country. The focus of De Beers Consolidated Mines (DBCM), the South African subsidiary of De Beers, the world’s largest producer of rough diamonds by value, is on bringing its $2bn Venetia mine into production and managing the transition from opencast mining to underground mining, minimising the anticipated dip in production at that time, said DBCM CEO Philip Barton. While De Beers has patiently pushed for the exploration licences to be approved having exhausted all its other exploration permits but it is now coming to a point where taking the Department of Mineral Resources to court is being considered as an option if talks with Mineral Resources Minister Mosebenzi Zwane yielded no progress, Barton said on the sidelines of the Joburg Indaba mining conference.

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