diamond mine Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/diamond-mine/ Latest Jewelry News From All Around The World Sat, 06 Jul 2024 09:17:12 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Diavik, the Solar-Powered Diamond Mine https://www.thejewelrymagazine.com/diavik-the-solar-powered-diamond-mine/ Sat, 06 Jul 2024 09:17:12 +0000 https://www.thejewelrymagazine.com/?p=21823

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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Work Resumes at India’s Only Diamond Mine https://www.thejewelrymagazine.com/work-resumes-at-indias-only-diamond-mine/ Fri, 05 Apr 2024 15:47:37 +0000 https://www.thejewelrymagazine.com/?p=21128

Work has resumed at India’s only mechanized diamond mine. It could take a year to remove soil and stone (overburden) before extraction starts at Majhgawan, in the central state of Madhya Pradesh. But National Mineral Development Corporation (NMDC), India’s biggest iron ore merchant miner, hopes to produce 40,000 carats a year. The Panna Diamond Mining […]

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Rare Beetle Found at Orapa Diamond Mine https://www.thejewelrymagazine.com/rare-beetle-found-at-orapa-diamond-mine/ Wed, 03 Apr 2024 01:32:30 +0000 https://www.thejewelrymagazine.com/?p=21116

A rare species of beetle, dating back 90 million years, has been found at Orapa, the world’s biggest diamond mine, in Botswana, shedding light on the evolutionary history of beetles. The Paleothius mckayi is a member of the staphylinie rove beetle family, which play a crucial role in controlling pest populations and breaking down organic […]

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Buyer Sought for Stornoway Diamonds https://www.thejewelrymagazine.com/buyer-sought-for-stornoway-diamonds/ Thu, 23 Nov 2023 10:29:46 +0000 https://www.thejewelrymagazine.com/?p=20269

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 laid off most of its 500-strong workforce. Deloitte Corporate Finance Inc. announced today (22 November) that it was conducting the […]

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Gem Diamonds Recovers Third +100-ct This Year https://www.thejewelrymagazine.com/gem-diamonds-recovers-third-100-ct-this-year/ Thu, 12 Oct 2023 04:15:21 +0000 https://www.thejewelrymagazine.com/?p=20074

Gem Diamonds has recovered its third +100-ct diamond of the year at its Letseng mine, in Lesotho. But it’s still leaves the UK-based miner at well below its long-term average of eight +100-ct recoveries a year. The latest find is a 101.96-ct Type IIa diamond. Gem did not provide further details. In July it recovered […]

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“Solid” Results at Gem Diamonds, Despite Ukraine War https://www.thejewelrymagazine.com/solid-results-at-gem-diamonds-despite-ukraine-war/ Sat, 25 Mar 2023 09:39:51 +0000 https://www.thejewelrymagazine.com/?p=19319

Gem Diamonds delivered a “solid” set of results in 2022, despite increased costs as a result of Russia’s invasion of Ukraine. The UK-based miner saw revenue fall by just over six per cent to $188.9m and underlying earnings (EBITDA) down 24 per cent to $43.7m. Profits fell 46 per cent to $20.2m. Gem’s Letseng mine […]

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World’s First 5G Smart Diamond Mine https://www.thejewelrymagazine.com/worlds-first-5g-smart-diamond-mine/ Wed, 01 Mar 2023 18:16:02 +0000 https://www.thejewelrymagazine.com/?p=19264

Debswana yesterday announced details of “the world’s first 5G-oriented smart diamond mine project” in conjunction with the Chinese tech corporation Huawei. By connecting over 260 pieces of equipment at the Jwaneng mine, in Botswana, it says it has increased both efficiency and safety. Transferring data in real time makes equipment like mining vehicles more efficient, […]

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Angola’s 2022 Diamond Sales up to $1.95bn https://www.thejewelrymagazine.com/angolas-2022-diamond-sales-up-to-1-95bn/ Wed, 01 Feb 2023 02:36:57 +0000 https://www.thejewelrymagazine.com/?p=19191

Angola exported 8.75m carats last year, well down on its original forecast of 13.8m. But total revenue was $1.95bn, the Ministry for Mineral Resources, Oil and Gas said, an increase of almost a quarter on $1.5bn in 2021. In January 2022 Angola revised down its forecast output for the year by almost a third to […]

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Jwaneng is World’s Richest Diamond Mine https://www.thejewelrymagazine.com/jwaneng-is-worlds-richest-diamond-mine/ Tue, 03 Jan 2023 05:24:35 +0000 https://www.thejewelrymagazine.com/?p=19105

The world’s richest diamond mine for the first three quarters of 2022 was Jwaneng, in Botswana, with 10.3m carats. Orapa, also in Botswana, was second-placed with 8.0m carats, according to newly-published figures from miningintelligence.com. Both mines are operated by Debswana, a partnership between De Beers and the government of Botswana. Third on the list is […]

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‘One Lifetime, One Encounter’ auction honors Argyle mine closure https://www.thejewelrymagazine.com/one-lifetime-one-encounter-auction-honors-argyle-mine-closure/ https://www.thejewelrymagazine.com/one-lifetime-one-encounter-auction-honors-argyle-mine-closure/#respond Tue, 08 Sep 2020 10:54:25 +0000 https://www.thejewelrymagazine.com/?p=16360

The Argyle Diamond Mine in the remote east Kimberley region of Western Australia is scheduled to close by the end of 2020 following nearly forty years of production. “One Lifetime, One Encounter” is an auction event, offering a collection of the rarest diamonds extracted there over a year’s production. A traveling tender Adjusting to restrictions caused by […]

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