Alrosa sales fell in January
Diamond sales dropped by 44% year-on-year in the first month of 2019.
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Diamond sales dropped by 44% year-on-year in the first month of 2019.
The post Alrosa sales fell in January appeared first on MINING.com.
Alrosa sales fell in January Read More »
The white, makeable diamond is the largest found so far this year and follows the recovery of a 46-carat, gem quality white rock in December.
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According to the industry group, such reform would encourage additional investment in capital and technology.
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The resulting material is expected to be used in the maritime industry.
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Company unearthed three of the 15 diamonds over 100 carats it found in 2018 in Q4, but carat recovery dropped by 17% to 29,523 ct in the period.
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Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold.
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The Nipissing Yellow Diamond was found sometime during the development of the silver mines at Cobalt between 1903 and 1905.
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1-carat stones fell by 0.4% last month and 1.8% compared to January 2018.
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It is the second largest diamond mined from Kareevlei and the third valued at over $50,000.
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The company, which operates the Liqhobong diamond mine in Lesotho, said it recovered 224,947 carats in the three months through December, down from 240,733 carats in the first quarter.
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