Family who exited De Beers for $5 billion taps Asia’s richThe family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its Asia exposure and partner with the region’s wealthy.Bloomberg News | October 20, 2021 | 7:54 am
Angola’s Catoca says tailings leak contained no heavy metalsCatoca said the leak only contained rocks and clay from…Reuters | October 19, 2021 | 10:03 am
Gem Diamonds finds two high-quality stones at LetšengThe miner has recovered 245-carat and 102-carat Type II white…Cecilia Jamasmie | October 18, 2021 | 3:34 am
De Beers final diamond sale of the year gives some hope to depressed market It fetched $425 million for its diamond in December, a slight improvement from the $400 million it obtained in the previous sale. Cecilia Jamasmie | December 18, 2019 | 5:58 am
Petra Diamonds finds founder Pouroulis’ successor Adonis Pouroulis, who founded Petra in 1997 and has been its chairman ever since, will leave the company on March 31. Cecilia Jamasmie | December 17, 2019 | 4:03 am
Alrosa, Everledger launch e-commerce platform for diamond tracking Consumers will be offered transparency regarding the origin of their diamonds. Jackson Chen | December 16, 2019 | 12:09 pm
Russia seeks to lift ban on ‘blood diamonds’ from African ally The Central African Republic should be granted a “road map” outlining the steps it needs to take to get the ban on diamond sales lifted, says Moscow. Bloomberg News | December 16, 2019 | 7:00 am
Diamond crisis to last another year The glut that’s depressing the diamond market will last another year, according to industry consultant Bain. Bloomberg News | December 11, 2019 | 9:59 am
Alrosa to mine first diamonds from Angola in mid-2020 The Russian miner and its local partner, Catoca Mining, say Luaxe could produce 1 million carats, worth $90 million, next year. Cecilia Jamasmie | December 11, 2019 | 3:49 am
Petra Diamonds restarts South African mines Mines across South Africa have shut down after flash flooding triggered the most severe power blackouts in more than a decade. Reuters | December 10, 2019 | 10:01 am
ICMM updates mine-community relations guide to reflect investors’ pressure Improved guidance integrates the eight effectiveness criteria of the UN Guiding Principles on Business and Human Rights. Cecilia Jamasmie | December 10, 2019 | 9:39 am
Anglo American cuts output targets for coal, iron ore and diamonds While bullish on copper, the miner has also cut production guidance for 2020 to between 620,000 and 670,000 tonnes. Cecilia Jamasmie | December 10, 2019 | 7:03 am