An exclusive diamond recovered by AGD DIAMONDS is named after Boris Popov

A unique diamond recovered by AGD DIAMONDS at the Grib Mine in April 2020 was named after Boris Popov, the statesman who made a significant contribution to the discovery and development of the Arkhangelsk diamondiferous province.

10 july 2020

Covid-19 pandemic slows Lucapa Q2 output in Angola

Lucapa Diamond’s second quarter output at its 40%-owned Lulo alluvial project, in Angola eased 24% to 2,944 carats compared to 3,868 carats, a year earlier.

10 july 2020

ALROSA's sales in June “were expectedly low”

The diamond miner’s total sales of rough and polished diamonds in June amounted to $ 31.3 million, including $ 24.8 million in rough sales and $ 6.5 million in polished sales, according to its trading update released on Friday.

10 july 2020

Diamond Fields amends cooperation agreement with TMH over Madagascar project

Diamond Fields Resources (DFR) has amended its cooperation agreement with TMH Acquisition (TMH), a special purpose vehicle established by Denham Mining to advance the company's Beravina project in Madagascar.

10 july 2020

Severalmaz resumes operations at processing plant

Severalmaz, a subsidiary of ALROSA Group, resumed operations at its processing plant on the Lomonosov diamond field after a temporary shutdown. The ore processing facility, idle since mid-May, was restarted on July 8 and will continue operation until...

10 july 2020

Star Diamond and Rio Tinto tussle over project ownership

29 june 2020

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North Aerial View of the Star-Orion South Diamond Project                                           Image credit: Star Diamond

(northernminer.com) - In spite of a legal dispute between partners Star Diamond (TSX: DIAM) and Rio Tinto (NYSE: RIO; LSE: RIO) at the Star-Orion South diamond project in north-central Saskatchewan, the project should begin to see results this year from the first significant work conducted there in years. In April, Rio Tinto began processing a bulk sample totalling 8,271 wet tonnes that was extracted from the Star kimberlite via 10 holes drilled last year. The major has built an onsite bulk sample processing plant, with mineral concentrates being shipped offsite for final diamond recovery. Star expects all or most of the sample will be processed and reported during 2020. At issue is the ownership of the project. Rio Tinto signed an agreement to earn a majority stake in Star-Orion, located 60 km east of Prince Albert, in 2017. Under the 7.5-year option agreement, Rio can earn up to 60% of the project in four phases by spending a total of $75 million. But in November, the major gave Star notice that it was exercising all four options at once and well ahead of schedule.