Diamond miners Gem Diamonds delivered solid operational results for the year ended December 31, which, together with the targeted gains of a business transformation programme and continued emphasis on cost controls, affirmed it as one of the lowest-cost producers in the industry, CEO Clifford Elphick said on Wednesday.The operational results were characterised by the achievement of all guided operational metrics and the recovery of 11 diamonds greater than 100 ct each, which also brought the total number of diamonds of greater than 100 ct recovered at the Letšeng
TSX-V-listed junior diamond miner Diamcor Mining has started using a new, larger fleet of Caterpillar heavy mining equipment at its Krone-Endora at Venetia project, based next to diamond miner De Beers’ Venetia mine, in Limpopo. Diamcor started off by processing tailings material at Krone-Endora. The new equipment will provide it with improved reliability, lower operating costs and support its planned increases in processing volumes going forward. The equipment is comprised of a full complement of large excavator models, articulated dump trucks, front-end loaders, bull
LSE-listed Gem Diamonds has highlighted the recovery of a number of top-quality white, as well as one pink, diamond from its Letšeng mine, in Lesotho, between February 28 and March 3. Five white gem diamonds, weighing between 33 ct and 114 ct, were recovered, along with a 13 ct pink gem diamond. Earlier in February, Gem had recovered an exceptional 183 ct white Type IIa diamond from the Letšeng mine, the highest dollar per carat kimberlite diamond mine in the world. It has also recovered two other significant high-quality diamonds, weighing 89 ct and