Diamond Top Stories

Karelian closer to finding green diamond source in Finland

Irish explorer has completed a detailed excavation program in the Kuhmo region, where it found a rare green diamond in 2022.

Cecilia Jamasmie | September 25, 2024 | 3:48 am

Rio Tinto offers early termination to Diavik employees to save costs

The diamond mine is slated to close in the first…

Staff Writer | September 24, 2024 | 10:54 am

Petra Diamonds adjusts strategy amid 2024 market challenges

The diamond miner dealt with headwinds in fiscal year 2024…

Cecilia Jamasmie | September 24, 2024 | 3:42 am

Gem Diamonds’ Letšeng mine yields 212-carat stone

It is the 13th diamond over 100-carat unearthed this year…

Staff Writer | September 23, 2024 | 3:55 am

FATF asks for tighter checks on India’s precious metal deals

The South Asian nation has about 175,000 businesses in this…

Bloomberg News | September 19, 2024 | 8:56 am

De Beers sales drop to $315m amid search for new owner

Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year.

Cecilia Jamasmie | June 26, 2024 | 3:50 am

De Beers Canada JV partner says diamond miner in no rush to sell

The more than 100-year-old diamond miner is seeking options for its spin off from parent Anglo American at a time of depressed diamond prices.

Reuters | June 21, 2024 | 12:16 pm

Gemfields fetches almost $69 million at ruby auction

The auction marked the 10th anniversary of Gemfields’ first sale of rubies from the Montepuez mine in Mozambique.

Cecilia Jamasmie | June 19, 2024 | 5:36 am

Debswana reports fatality at its Jwaneng mine

The incident, which took place on Monday, involved a contractor.

Reuters | June 18, 2024 | 3:53 am

Gemfields picks ex-De Beers boss Bruce Cleaver as new chair

Bruce Cleaver, who was at the helm of De Beers for seven years to 2023, takes the position effective July 1.

Cecilia Jamasmie | June 11, 2024 | 3:53 am

Botswana in talks to raise stake in De Beers

President Mokgweetsi Masisi also said the government will play a central role in selecting a new investor to replace Anglo at De Beers.

Cecilia Jamasmie | June 10, 2024 | 5:43 am

Botswana may raise De Beers stake as Anglo weighs spin-off

The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply.

Reuters | June 6, 2024 | 7:13 am

Gemfields unveils early gold estimates for Mozambique project

Resource estimate for the Nairoto project suggests the presence of 103,000 ounces of gold averaging over two grams per tonne.

Cecilia Jamasmie | June 6, 2024 | 4:25 am

De Beers aims to rebrand as top jewellery group

De Beers seeks becoming a leading luxury jewellery retailer as it reels from weak market conditions and the failed BHP bid for Anglo American.

Cecilia Jamasmie | June 5, 2024 | 5:26 am

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