Petra gross diamond reserves down 14% to 33.33Mcts

Petra Diamonds’ gross diamond reserves decreased 14% to 33.33 million carats as of 30 June 2021 compared with 38.86 million carats, a year earlier.

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Vladimir Dyukarev, former COO of ALROSA passes away

Vladimir Dyukarev, a mining engineer, who committed most of his life to the country's diamond industry making his way up from a foreman at the Udachny Mining Division to the COO of ALROSA, passed away today at the age of 78.

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The third J-1 Jewellery Congress to be held in Moscow on September 26-28

The third J-1 Jewellery Congress will be held in Moscow’s Gostiny Dvor Conference Hall on September 26-28. The Congress will become a key educational and business platform for the jewellery industry and will set new vectors for its further development...

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Private investor mulls $500mln investment in two Angola gold mines

A Brazilian-Angolan national, Valdomiro Minoru Dondo, is set to invest $500 million to help jump-start gold mining in northern Angola. This comes three years after Luanda started issuing new licenses to explore precious metals.

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Katoro Gold makes progress in Tanzania, SA

Katoro Gold recorded significant progress across its project portfolio during the six months ended June 30 despite the challenges brought about by the COVID-19 pandemic.

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Ekati mine operations might resume in fourth quarter of 2020, Dominion says

23 july 2020

(nnsl.com) - Dominion Diamond Mines is aiming to resume production at the Ekati mine in the fourth quarter of 2020. Operations were suspended at the Ekati mine in March as a preventive move amid the Covid-19 pandemic. “We hope to reopen Ekati as soon as possible, but there are several factors to consider as we look at restarting operations,” said Dominion CEO Pat Merrin, on June 29. Those factors include “meaningful” resumption of global diamond sales and Dominion’s ability to safely recall its workers during the pandemic. Another factor is how the sale of the mine’s assets plays out. While another subsidiary of The Washington Companies – owner of Dominion Diamond Mines – has expressed interest in purchasing Ekati’s assets and an Alberta court has granted approval, it wasn’t clear yet if it will be the successful buyer as the bidding is also subject to a court-mandated process.