De Beers cuts diamond prices by about 5% as industry crisis deepens

De Beers is taking more drastic steps to stem the crisis in the diamond industry by cutting prices across the board for the first time in years.

Bloomberg News | November 5, 2019 | 11:26 am

Lucara going ahead with $514m Karowe mine expansion

While the needed investment is expected to be paid back in under three years, Lucara has suspended dividends.

Cecilia Jamasmie | November 5, 2019 | 2:55 am

Inaugurated, Botswana’s Masisi pledges to diversify economy away from diamonds

He also said his government would implement reforms to make its products and services more competitive on the global market.

Reuters | November 1, 2019 | 8:10 am

Firestone resumes operations at Liqhobong diamond mine

Firestone has installed rented diesel generators to power the Lesotho mine's processing plant.

Cecilia Jamasmie | November 1, 2019 | 6:21 am

Petra Diamonds opens tailings to artisanal miners in South Africa

Petra believes there is space for artisanal small-scale miners to co-exist with formalized, large-scale operators.

Cecilia Jamasmie | October 31, 2019 | 6:48 am

De Beers begins drilling on Tri Origin properties near Cobalt

This is the first time in recent years the hunt for diamonds has come to this area of the Cobalt-Temagami region.

Canadian Mining Journal Staff | October 30, 2019 | 2:44 pm

De Beers banks on ‘diamonds are for me’

Luxury groups see potential for growth in jewellery demand, as shown by LVMH's nearly $14.5 billion offer, made public on Monday, to buy Tiffany & Co.

Reuters | October 28, 2019 | 3:47 pm

South Africa grants Botswana Diamonds mining permit for Marsfontein

The mine was operated for two years in the late 1990s and surrounding deposits overlooked when the mine it closed.

Cecilia Jamasmie | October 28, 2019 | 6:14 am

Revving up Greenland’s mineral production will take time

Greenland recently issued numerous exploration and mining licences in a bid to diversify its economy.

Virginia Heffernan - The Northern Miner | October 27, 2019 | 12:36 pm

First

Last

ALROSA unveils updated digital auction format

Petra Diamonds mulls selling Williamson mine

Lucara board approves $514m Karowe mine expansion

Alrosa boosts cooperation with Congo after Angola leak

De Beers latest sale shows steady rebound in diamond market

Create FREE account or log in

to receive MINING.COM digests