Diamond Top Stories

Largest ever Russian diamond fetches $14.1m at Christie’s

The Spectacle, which was cut from a rough stone discovered by Alrosa in 2016, took a year and eight months to prepare and polish in Moscow.

Cecilia Jamasmie | May 14, 2021 | 9:00 am

Mountain Province taps Dunebridge for $33m loan

The short-term loan from Dunebridge will address the company’s short-term…

Canadian Mining Journal Staff | May 13, 2021 | 8:49 am

Petra Diamonds reaches $6m settlement on human rights abuse claims

The miner had been accused of being responsible for widespread…

Cecilia Jamasmie | May 12, 2021 | 7:55 am

Strong demand for diamonds, rough and smooth, boosts Alrosa sales

Global demand for precious stones has been recovering from the…

Reuters | May 12, 2021 | 7:52 am

Lucara ‘bounces back’ in Q1 on healthier diamond market

The company reported net income of $3.4 million, compared with…

Canadian Mining Journal Staff | May 10, 2021 | 8:48 am

Alrosa to consider withdrawal from subsidiary Alrosa-Nyurba

The voluntary liquidation, following board approval, would be completed by the end of 2020.

Reuters | September 5, 2019 | 11:11 am

Uncertainty in Asia pushing diamond prices down — report

Manufacturers refused about 50% of De Beers’ supply in August.

MINING.COM Staff Writer | September 4, 2019 | 6:15 am

Lucapa Diamond profit up, hits record production at African mines

The Australian miner posted a $1.1 million profit for the six months to June, compared to the $4.3 million it lost in the same period last year.

Cecilia Jamasmie | September 3, 2019 | 4:14 am

Sierra Leoneans sue government for alleged environmental failings at diamond mine

The complaint follows a lawsuit filed by the residents against Octea Ltd. in March seeking $288 million in damages.

Reuters | August 29, 2019 | 9:50 am

De Beers gem sales keep falling as buyers allowed to say no

De Beers sold just $280 million of diamonds this month, 44% less than a year earlier.

Bloomberg News | August 28, 2019 | 11:05 am

Diamond project in Nunavut yields encouraging results

GGL Resources just completed a ground geophysical survey program on the Stein diamond project.

MINING.COM Staff Writer | August 28, 2019 | 6:15 am

Stornoway Diamond dealt another blow

The Canadian miner is facing a delisting review from the Toronto Stock Exchange.

Amanda Stutt | August 23, 2019 | 1:19 pm

Botswana Diamonds renews two licences in central Kalahari

The licences, which cover just over 300 square miles, are located in Botswana’s Kalahari Desert.

Cecilia Jamasmie | August 22, 2019 | 8:46 am

The precarious but opportunistic state of Signet Jewelers

Signet Jewelers was at one time the largest jewelry company in the world.

Paul Zimnisky | August 19, 2019 | 11:58 am

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