Thursday, December 19, 2024
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Lesotho

Tag: diamonds

Fight over diamond mine

A bitter wrangle over a mine at Nqechane in Leribe district has drawn the attention of the Directorate on...

Retrenchments loom at Kao Mine

Storm Mountain Diamonds' (SMD) Board of Directors has approved a care and maintenance plan at Kao Mine aimed at...

Letṥeng, Minopex’s stinky ‘divorce’

There could be more than meets the eye in Letṥeng Diamond Mine’s recent decision not to renew its current...

Showdown looms at mine

By Neo Kolane A face-off appears to be on the horizon at Letṧeng Diamond Mine after it made overtures to...

Letšeng mine continues to impress

By Poloko Mokhele Gem Diamonds says the strong prices achieved during the December tender for Letŝeng Mine’s high value diamonds...

Mining to open testing lab

By ‘Majirata Latela The Ministry of mining will this year start the building of a geoscience laboratory which will be...

Diamonds sale exceeds expectations

By ‘Majirata Latela The ministry of mining has reported that the auctioning of diamonds which was held in Maseru last...

Auction report still pending

By ‘Majirata Latela The ministry of mining has this week inexplicably failed to release a report on the sale of...

Diamonds auction gets underway

By Majirata Latela A two-day closed diamond auction started yesterday at the ‘Manthabiseng Convention Centre, and ends today. This after the...

Illegal dealers hold on to stones

By ‘Majirata Latela Licensed diamond dealers are seeking an extension period for illegal diamond holders to surrender their stones to...

Profits shine at Letšeng on higher diamond prices

Specialist producer Gem Diamonds reported improved annual profits on Thursday, after prices strengthened in the second half. The London-listed firm, which owns...

215-carat diamond recovered at Mothae

By Teboho Serutla  Lucapa diamond Company Limited and its partner, the government of Lesotho, have announced the recovery of a...