Zimbabwe to replace empowerment law — finance minister

Foreign investors can now take majority stakes in the platinum and diamond sectors.

Reuters | August 1, 2019 | 9:29 am

Diamond industry’s elite club is starting to show cracks

In the diamond trading world, becoming one of De Beers' elite buyers is viewed as essential to achieving success and making money. Now, it’s no longer so easy.

Bloomberg News | July 29, 2019 | 9:48 am

Billionaire Anil Agarwal sells Anglo stake

Volcan was Anglo American's biggest shareholder, with a nearly 20% stake.

Reuters | July 25, 2019 | 9:47 am

Diamond market weakness prompts De Beers to curb supply

The move comes as trade tensions between the US and China pushed earnings down 27% in first-half of the year.

Cecilia Jamasmie | July 25, 2019 | 7:08 am

Firestone meets annual production targets despite market weakness

The miner dug up 829,458 carats in the fiscal year ended June from Liqhobong, in Lesotho, which is its only operating mine.

Cecilia Jamasmie | July 25, 2019 | 3:44 am

Weak demand takes shine off Petra Diamonds revenue

It expects to produce about 3.8 million carats in 2020, compared to the 3.9 million carats it generated for the year ended June 30.

Cecilia Jamasmie | July 22, 2019 | 9:00 am

Russian and Zimbabwe state-owned diamond miners form JV

Starting in the fall of 2019, the JV will focus on geological exploration of greenfield deposits.

MINING.COM Staff Writer | July 22, 2019 | 6:47 am

Alrosa says Q2 output up 14%

The company may fall short of its 2019 sales target of 38 million carats.

Reuters | July 18, 2019 | 1:30 pm

Anglo American’s diamond unit takes sparkle away from results

Output from its De Beers unit dropped 14% amid weaker demand and lower prices.

Cecilia Jamasmie | July 18, 2019 | 4:10 am

First

Last

Lucapa sells $1.5 million worth of Mothae diamonds

Gem Diamonds finds 254-carat diamond at Letseng

World’s top jewellery maker Pandora to use only lab-made diamonds

Gemstone jewellers, miners launch information centre to promote traceability

De Beers overtakes Newmont to lead ESG ranking of global miners

Create FREE account or log in

to receive MINING.COM digests