De Beers Rough Production Down 15%
De Beers reported a 15 per cent drop in its global diamond production in Q2, as demand remained weak for yet another quarter.
The H1 figure (16.5m carats) is down 19 per cent on the...
Lucapa Resumes Search for Lulo Kimberlites
Lucapa says it has resumed its search for the kimberlite sources of diamonds currently being recovered at its Lulo mine, in Angola.
The Australian miner says the exploration program is in full flow again after...
Diavik, the Solar-Powered Diamond Mine
Rio Tinto has installed Canada's largest off-grid solar power plant at its Diavik diamond mine on the edge of Arctic Circle.
It will provide up to a quarter of the electricity needed for production until...
Lucapa Recovers Sixth Biggest Diamond at Lulo
Lucapa has recovered a 195-carat Type IIa diamond from its Lulo alluvial mine, in Angola.
It's the fourth +100-carat diamond to be recovered at Lulo this year and he 44th since the Australian miner started...
BHP “to Increase Offer for Anglo American”
BHP is likely to increase its all-share offer for Anglo American after the UK miner rejected its $39bn bid last week.
A successful bid would almost certainly mean the sale of De Beers, which doesn't...
Petra Sells Mothballed Mine to Stargems
Stargems has acquired Petra's mothballed Koffiefontein mine, in South Africa, for a "nominal cash consideration".
The loss-making deposit, which Petra bought from De Beers in 2007, has been on care and maintenance since November 2022.
Petra...
Work Resumes at India’s Only Diamond Mine
Work has resumed at India's only mechanized diamond mine.
It could take a year to remove soil and stone (overburden) before extraction starts at Majhgawan, in the central state of Madhya Pradesh.
But National Mineral Development...
Rare Beetle Found at Orapa Diamond Mine
A rare species of beetle, dating back 90 million years, has been found at Orapa, the world's biggest diamond mine, in Botswana, shedding light on the evolutionary history of beetles.
The Paleothius mckayi is a...
Petra’s Fourth Tender Sees Strong Sales Growth
Petra Diamonds said its fourth tender cycle of FY 2024 demonstrated robust growth in the market, selling 428,860 carats for $47.8 million, marking a 4.0% increase in like-for-like prices compared to Tender 3 FY...
Lucara’s Deal with HB Antwerp is Back On
Lucara's on-off deal for HB Antwerp to sell its specials from the Karowe mine, Botswana, is back on again.
The Canadian miner yesterday (18 February) announced details of a 10-year deal that is very similar...
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Barasat, 23rd October 2024: Muthoot Exim (P) Ltd., the precious metal arm of 137-year-old business conglomerate Muthoot Pappachan Group (also known as Muthoot Blue),...
Last Chance to Register for the Gem-A Conference 2024
This year’s event will welcome ten speakers to etc.venues County Hall to educate and inspire Gem-A Members and non-members in November.
Gem-A, London, United...
RX Japan Kicks Off Year-End Sales Season with Record Exhibitor Participation at IJT AUTUMN...
Yokohama, Japan — The countdown to the year-end shopping season officially begins with IJT AUTUMN 2024, as RX Japan prepares to welcome thousands of...
Diamond Wrangle: End in Sight after 14 Years
The UK miner Vast Resources appears to have finally secured the release of a parcel of 129,400 carats of rough diamonds that have been...
De Beers and Signet Launch Zillennials Campaign
De Beers and Signet have jointly launched a major ad campaign for natural diamonds that targets "soon-to-be-engaged Zillennials" (born between 1993 and 1998).
The two...
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