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Botswana’s tennis ball size diamond sold

Africa focused miner Lucara Diamond has sold the historic 1,109 carat Lesedi La Rona recovered from the Karowe mine in Botswana in November 2015. Lucara Diamond said the piece has been sold for US$53 million (US$47,777 per carat) to Graff Diamonds. “We are thrilled and honoured to become the new …

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Specialist helps mines save on maintenance costs

More and more mines are seeing the benefits and the profitable returns of investing in condition monitoring, with a direct positive impact on productivity and machine availability, and reduced maintenance costs, enthuses condition monitoring specialist WearCheck. The company provides condition monitoring services in Central Africa through its two Zambian laboratories …

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Canadian miner sells diamond interest in Botswana

Toronto Stock Exchange listed Peregrine has sold its diamond interest in Botswana to UK’s Diamond Exploration Strategies (DES). The company announced that it has entered into an agreement to transfer all of the shares of Diamexstrat Botswana, a 100%-owned subsidiary of Peregrine engaged in diamond exploration and development in Botswana …

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