Canada’s Lucara Diamond (TSX: LUC) has terminated its sales agreement with HB Trading covering high-value diamonds from the Karowe mine in Botswana, following a “material breach of financial commitments” by HB. The two parties inked…
Researchers from Curtin University have identified the missing third key ingredient needed to bring valuable pink diamonds to the Earth’s surface, which could be the answer the market was looking…
The mining sector, a longstanding pillar of the global economy and even more important now with rising attention to critical metals and secure supply in Western nations, is facing emerging…
De Beers, the world’s largest diamond producer by value, said on Friday that trusts ongoing negotiations with the National Union of Mineworkers (NUM) will prevent a planned strike over wages at…
Lucara Diamond (TSX: LUC) has recovered its fourth diamond weighing over 300 carats this year from its Karowe diamond mine in Botswana — a 692.3-carat stone. The diamond, measuring 46.5…
Explorers and miners in the Northwest Territories are shifting focus to the safety of their staff and communities after the government ordered the evacuation of Yellowknife on Wednesday evening as…
Miners and explorers are scaling back or modifying operations in the Northwest Territories as severe wildfires prompted the government to declare a territory-wide state of emergency on Tuesday.An evacuation order…
Lucara Diamond (TSX: LUC; BSE: LUC) shares rose by more than 12% Wednesday after it reported pulling a 1,080 carat diamond from its Karowe diamond mine in Botswana. It’s the…
A test-run at Botswana Diamonds‘ (LSE: BOD) Marsfontein project in South Africa has positioned the company to begin commercial production at Thorny River later this year, it said on Thursday….
De Beers, the world’s largest diamond producer by value, announced on Tuesday it had recovered the first diamonds from its new US$2.3-billion ($3 billion) underground operations at the Venetia mine in South…
Colombia’s government made public a draft decree aimed at setting new criteria for establishing temporary natural reserves within the context of mining and environmental regulations. The decree, which can be…
Lucara Diamond (TSX: LUC) has increased total preproduction costs for its Karowe underground diamond mine expansion to US$683 million, a 25% rise over its earlier estimate of US$547 million in…
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