208-carat diamond is the most recent discovery at the Lulo mine

208-carat diamond is the most recent discovery at the Lulo mine

A 208-carat diamond was found in the Lulo mine, located in the province of Lunda Norte. According to the company Lucapa Diamond Company, this is the third largest diamond to be recovered in that...
Alrosa CEO Pavel Marinychev Named In Latest U.S. Sanctions

Alrosa CEO Pavel Marinychev Named In Latest U.S. Sanctions

In an effort to curb Russia’s ongoing military actions in Ukraine, the United States has imposed additional sanctions on individuals and entities associated with Russia’s military capabilities, energy projects, and financial activities. Russian diamond...
Lucara's Deal with HB Antwerp is Back On

Lucara’s Deal with HB Antwerp is Back On

Lucara's on-off deal for HB Antwerp to sell its specials from the Karowe mine, Botswana, is back on again. The Canadian miner yesterday (18 February) announced details of a 10-year deal that is very similar...
Buyer Sought for Stornoway Diamonds

Buyer Sought for Stornoway Diamonds

A buyer is being sought for Canadian diamond miner Stornoway, after it filed for bankruptcy protection last month. The company has suspended operations at Renard, the first and only diamond mine in Quebec province, and...
De Beers: After Botswana Deal, Namibia Could Seek Bigger Share

De Beers: After Botswana Deal, Namibia Could Seek Bigger Share

The government of Namibia could seek an increased share in its sales agreement with De Beers, after the mining giant agreed a phased move to a 50/50 split with Botswana. Namdia, the state-owned diamond company...

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