Category Archives: Mining

Sri Lankan Entrepreneur Strikes Gold

A Sri Lankan entrepreneur has successfully recovered gold from the black  sand that is washed away from the gem gravel. The entrepreneur met the Chairman of the National Gem and Jewellery Authority(NGJA), Mr Anil Koswatte on the 15th June 2010. He brought along  with him samples of the black sand, gold dust and two gold […]

507 Carat Large Diamond Discovered At The Cullinan Mine

A large 507.55 carat diamond was discovered at the Cullinan Diamond Mine on Thursday the 24th September 2009. This makes it one of the largest rough diamonds ever found. This is the 18th largest rough diamond discovered in the world so far. The Cullinan Diamond with a weight of 3106 carats is the largest rough […]

Government of Zimbabwe Loses Legal Battle on Diamonds

The Government of Zimbabwe lost a three year long legal battle with African Consolidated Resources (ACR) Plc , a British registered company  for the control of the Marange diamond fields. The High Court ruling which was issued on Thursday is considered to be a landmark ruling. The ruling could have serious implications for the government […]

Argyle Diamond Mine Expansion to Resume Next Year

The world’s third largest mining company, the Rio Tinto Group is to resume work on its expansion plans at the Argyle diamond mine next year. The resumption of the expansion plans follows recovery in the global jewelry demand. According to the Chief Operating Officer, Kevin McLeish, underground production at Argyle, the world’s largest diamond mine […]