Further north in Limpopo province, the Venetia mine owned by De Beers is South Africa’s largest diamond producer, recovering some 8Mct a year. Mining is currently by opencast methods but the depth limits of the open pit are being reached and an underground mine is being developed to continue production below the open pit.
Southern Africa accounts for a large percentage of the world’s gem-quality diamond production. Approximately 13 million carats of diamonds are mined annually, with a total value of nearly US $9billion. There are three main types of diamond mining: Pipe mining (primary deposits) consisting of open-pit mining and underground mining;
Mar 10, 2020 Diamond mining companies might change the course of rivers and/or build dams to reveal riches beneath riverbeds. This move destabilizes entire ecosystems. The animals and people (especially farmers) have relied on these waterways for millennia, and when waters disappear, they must look elsewhere for survival and sustenance.
Mar 17, 2021 The Somiluana diamond mine has been in production for more than a decade. For workers there, like Dion sia, the sector’s growing importance is a …
May 09, 2017 The Orapa mine is the ninth largest diamond mine in the world by reserve and the world’s largest mine by area. It has been in production since 1971. It’s …
Nov 10, 2021 Rough-diamond production is not expected to return to pre-pandemic levels. The coronavirus forced the mining companies to rethink their production programs and downscale accordingly. However, 2020 was always going to be a tipping point for supply. Global output peaked in 2017 when the Gahcho Ku ...
Short-term challenges caused mining and midstream revenues to shrink by 25% and 10%, respectively, in 2019. Near record-high rough diamond production in the beginning of 2019 was followed by lower-than-expected demand for polished diamonds, causing a ripple effect through the …
Aug 01, 2021 Mined diamonds are mostly processed in and sold via the major global diamond centers: Antwerp, Dubai, New York, Hong Kong, Mumbai, and …
