mines

Alrosa says it expects to pay shareholders a dividend for the first half of 2023, as long as the diamond market remains stable. It marks a change in fortunes for the Russian state-controlled miner, which...

In an effort to curb Russia’s ongoing military actions in Ukraine, the United States has imposed additional sanctions on individuals and entities associated with Russia’s military capabilities, energy projects, and financial activities. Russian diamond...

A 208-carat diamond was found in the Lulo mine, located in the province of Lunda Norte. According to the company Lucapa Diamond Company, this is the third largest diamond to be recovered in that...

Lucara is forecasting a revenue increase of at least 30 per cent next year after cutting its 2023 prediction earlier this month. The Vancouver-based miner said it would be using it sales channels to maximize...

Grizzly Mining says its latest emerald auction raised $48.63m, a record high since the company was founded in 1997. The market for emeralds remains "extremely strong", it said, after a sealed-bid auction for its mid-high...

Diamond mining major De Beers reported a decline in revenues in the first half of 2023, amidst the ongoing macro-economic headwinds and a substantial inventory build-up in the midstream. The company’s total revenue for the...

De Beers produced 8.9m carats in Q1 of this year, exactly the same as Q1 last year, according to figures released today by parent company Anglo American. Production was up almost 10 per cent on...

Fishers are mounting a legal challenge to marine diamond operations off South Africa's west coast. They claim rights to mine in shallow sea and along an 85km coastal strip of land were granted and subsequently...

A buyer is being sought for Canadian diamond miner Stornoway, after it filed for bankruptcy protection last month. The company has suspended operations at Renard, the first and only diamond mine in Quebec province, and...