Archives: Diamond mining

The Adamastor off-shore diamond mining vessel has arrived at Lüderitz harbour in Namibia and is set to formally begin work today, Kenzoll Capital says. Acquired by Amsterdam-based private equity firm Kenzoll Capital, and in partnership with LK Mining – a consortium led by Paragon Investment Holdings through its subsidiary, Edgehill Resources, alongside Epia Investments and[…]

Rio Tinto’s Diavik Diamond Mine has safely completed the development and construction of Phase 1 of the A21 underground mine, now moving the underground mine into commercial production. Building on the success of the first phase, Phase 2 of the A21 underground project was approved earlier this year with an additional investment of US$17 million.[…]

One of the largest rough diamonds in recorded history, a 2,492-ct stone, was recovered recently by Lucara Diamond Corp. with TOMRA X-Ray Transmission (XRT) technology aiding the recovery at the Karowe mine in Botswana. This extraordinary diamond is the latest of many impressive record-breaking recoveries achieved at the mine’s Mega Diamond Recovery Plant since the[…]

Orica says it is collaborating with De Beers Canada Inc (DBCI) at its majority-owned Gahcho Kué diamond mine in Canada to improve the drill and blast process and significantly reduce nitrate concentrations under the ‘Building Forever – Protecting the Natural World’ Initiative. Located in northern Canada’s sub-Arctic region, the Gahcho Kué diamond mine is a[…]

Large electric mining shovels represent major multi-year investments for mining operations and as such their maintenance planning, particularly in relation to major overhauls, plays a crucial role over the lifetime of these machines. Three major mining operations have recently given updates in relation to repairs and service of these prime loading tools – namely Glencore’s[…]

Caterpillar Inc has released its 2023 Annual Report, Sustainability Report, Diversity & Inclusion Report and Lobbying Report. Starting with the full annual report and looking at Caterpillar’s overall 2023 results, the numbers are good, but don’t actually represent overall increased sales volume, rather better achieved pricing. Resource Industries’ total sales were $13.583 billion in 2023,[…]

Global diamond producer Lucapa Diamonds owns 70% of Mothae Diamonds, an open-pit mine located in the diamond-rich Maluti Mountains of Lesotho, which started commercial operation in 2019 following the commissioning of its kimberlite processing plant. The mine is known to produce large, high-quality diamonds, and has had significant gem-quality recoveries including a 215 carat D-colour[…]

Venetia Diamond Mine is located west of Musina in Limpopo Province, and is already transitioning from open pit mining to underground mining using the sub-level caving method. First production from the VUG – which extends Venetia’s life to at least 2046 – was achieved on Friday, 30 June 2023. In late January 2024, De Beers Group’s[…]

At the end of December 2023, De Beers’ Venetia Mine near Musina, in South Africa, celebrated reaching 10.2 million fatality-free shifts, a significant achievement as it transitions from open pit to underground operations, it said. The challenging journey to date has included reskilling the company’s open pit employees for underground operations, while coordinating the many[…]

The Board of Debswana, the 50:50 diamond mining joint venture between De Beers Group and the Government of the Republic of Botswana, has announced approval of the investment for a key development phase of the Jwaneng underground project, paving the way for one of the world’s most valuable diamond mine to transition from open pit[…]