Emerald Miner Reports Record Sales

Emerald Miner Reports Record Sales

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...
Newfield Resources Eyes Strategic Partner for Sierra Leone's Tongo Diamond Mine

Newfield Resources Eyes Strategic Partner for Sierra Leone’s Tongo Diamond Mine

Australian mining company Newfield Resources is set to bring in a new partner to manage operations at its Tongo diamond deposit in Sierra Leone. The company has signed a non-binding term sheet with fellow...
Diamond Market Faces Decline Amid Slow Demand in January

Diamond Market Faces Decline Amid Slow Demand in January

The diamond industry experienced a sluggish start to 2024, with subdued holiday sales and declining prices, according to the Rapaport Group. While the US holiday season met the industry’s modest expectations, the overall market...
Petra’s Fourth Tender Sees Strong Sales Growth

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...
NDC & Jos Alukkas Join Forces To Promote Natural Diamonds

NDC & Jos Alukkas Join Forces To Promote Natural Diamonds

The Natural Diamond Council (NDC) and jewellery retailer Jos Alukkas have announced a strategic partnership to elevate the natural diamond industry. This collaboration aims to enhance consumer awareness, promote transparency, and drive demand for...
Lucara's Deal with HB Antwerp is Back On

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...
Grizzly Mining Ltd

Grizzly Mining Ltd. Grizzly Emerald Auction Generates US$22.4 million

Lusaka, Zambia: 10th December 2024, Grizzly Mining Limited, one of the world’s largest  producers of emeralds, is pleased to announce the results of its latest international  emerald auction held in Dubai in November 2024....
Alrosa

Alrosa Predicts Rising Diamond Prices Amid Supply Constraints

Alrosa, one of the world's largest diamond miners, has forecasted an uptick in diamond prices in the months ahead, driven by rising demand and slowing supply. Sergey Takhiyev, the company’s head of corporate finance,...
Buyer Sought for Stornoway Diamonds

Buyer Sought for Stornoway Diamonds

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...
Work Resumes at India's Only Diamond Mine

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...

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