Australian mining company Newfield Resources is set to bring in a new partner to manage operations at its Tongo diamond deposit in Sierra Leone. The company has signed a non-binding term sheet with fellow Australian firm ACA Resources, paving the way for ACA to oversee mining activities at the site. If the agreement is finalized—expected […]

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Lucapa says it has resumed its search for the kimberlite sources of diamonds currently being recovered at its Lulo mine, in Angola. The Australian miner says the exploration program is in full flow again after floodwaters from the wet season receded. It believes deposits at Lulo – which command the world’s highest price per carat […]

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Rio Tinto has installed Canada’s largest off-grid solar power plant at its Diavik diamond mine on the edge of Arctic Circle. It will provide up to a quarter of the electricity needed for production until the mine reaches the end of its life in 2026, and for the closure, which will take another three years. […]

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Lucapa has recovered a 150-carat Type IIa D-color white diamond at its Lulo alluvial mine, in Angola. The Australian miner says it’s the 36th +100-carat diamond from the mine since it began commercial production in 2015. The recovery, the fifth +100-carat from block 28 of the mine, was made with partners Endiama and Rosas & […]

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Burgundy, the Australian miner that bought the Ellendale deposit last year, says it aims to produce 1,200 carats of high-end polished diamonds annually through its dedicated facility. It says wholesale prices of will range from US$5,000 per carat to more than US$50,000. And it aims to double capacity at its Perth cutting and polishing center. […]

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Lucapa Diamond (ASX:LOM) said it supports the recent diamond sector reforms announced by Angola’s government and that it will sell certain select large premium-value diamonds from its prolific Lulo mine through the country’s new marketing channels. In detail, the Australian miner and its partners Empresa Nacional de Diamantes and Rosas & Petalas selected six top […]

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