Mining / Exploration
Lucara Diamond Corp. recorede a 257-carat diamond from the Karowe diamond mine in Botswana.
The company has recovered 47 diamonds larger than 50 carats, of which 14 exceeded 100 carats, so far this year.
The latest discovery will be sold at tender in the fourth quarter of 2013.
Alrosa says the price range for its offering of shares to be traded in Moscow is $1.08-$1.18 per share. The final offer price is due on October 28.
The offering will involve the sale of 7 percent of shares owned by the Russian Federation and the same amout by the Republic of Sakha (Yakutia), where most of Alrosa’s mines are located.
The Bank of Namibia said diamond output in 2013 is likely to show a slight fall to 1.64 million carats from 1.67 million carats in 2012.
Mining is critical to the country's economy, and is likely to show a slowdown, the central bank said. Namibia is the fifth-biggest diamond producer in the world.
Stellar Diamonds plc has started bulk sampling at its Tongo project in Guinea as part of the feasibility study of the 1.1-million carat resource at Dyke-1.
The firm says it intends to drill, blast and process approximately 2,000 tons of kimberlite from the previous bulk sample site on Dyke-1. Bulk sampling has yielded around 1,150 carats.
Stornoway Diamond Corp has announced the opening of the Renard mine road to all-season vehicle traffic.
All four road construction parts of the road and the Route 167 extension that are being built by Stornoway and the Quebec Ministry of Transport have been connected, allowing the full transit of construction vehicles from Temiscamie, at the end of the existing public highway, to the Renard project site 240 km to the north.
After negotiations between Israel Diamond Exchange (IDE) President Yair Sahar and Rio Tinto officials, the miner will hold a tender of diamonds from Canada at a special booth to be constructed in the IDE Trading Hall at the August 26-29 US & International Diamond Week.
In a wide-ranging press briefing in Tel Aviv. De Beers Chief Executive Officer Philippe Mellier and Executive Vice President of De Beers Global Sightholder Sales, Varda Shine provided information relating to major elements of the company's activities.
Lesotho's monarch, King Letsie III, paid a comprehensive visit to the Antwerp diamond sector.
His four-day visit to the city included a visit to the HRD diamond lab, the Antwerp World Diamond Centre's (AWDC) Diamond Office, the offices of Gem Diamonds which owns part of the Letseng mine in Lesotho, and the Antwerp Diamond Tender Facility.