Lucapa Diamond announced that it has entered into a binding asset sale agreement for the acquisition of a 24km2 mining lease and a 283km2 exploration tenement encompassing the mining lease and associated equipment and assets the Merlin Assets from Merlin Operations Pty. Merlin Operations is a wholly-owned subsidiary of Merlin Diamonds Limited, which is in … Read more
Lucapa Diamond Company has recovered a 215-carat diamond from the Mothae kimberlite mine in Lesotho, Africa. The discovery is the largest Type IIa D-colour white diamond recovered through the 1.1 million tonnes a year Mothae plant since mining operations commenced in January 2019. The stone is also the second 200-carat-plus and fifth 100-carat-plus diamond recovered … Read more
The Karowe mine has produced a 998-carat diamond, the latest in a string of large rough stones from the lucrative deposit in Botswana. Lucara Diamond Corp., which owns Karowe, will work with manufacturing partner HB Antwerp to assess how to maximize value from the rough, the miner said Wednesday. The unbroken, high-white, clivage stone — … Read more
The International Gemological Institute (IGI) recently graded a 116-carat, black synthetic diamond that ranks as the largest lab-grown diamond of its color. The 115.65-carat, type IIb stone was produced by UK-based Meylor Global using High Pressure-High Temperature (HPHT), and was accompanied by a second black lab-grown diamond weighing 109.58 carats, IGI said Wednesday. “The innovative … Read more
Australia’s Lucapa Diamond and its partners in Angola have sold $5.6 million worth of diamonds from the Lulo mine at their latest event, a fresh sign that the market is slowly improving. The miner, Angola’s national diamond company (Endiama) and Rosas & Petalas sold 3,862 carats at an average price of $1,450 per carat. The … Read more
Petra Diamonds (PDL.L) has agreed to sell its Botswanan exploration assets to Botswana Diamonds (BODP.L) for $300,000 and a 5% royalty on future revenue, the diamond miner, which is in the process of restructuring, said on Monday. The purchase price will be payable in two equal instalments on or before August 31, 2021 and August … Read more
