Alrosa’s pink diamond sets new record price at auction

The miner said it would take legal actions to force the central bank to give it US dollars for part of its gold output.

It is the largest yellow rough diamond mined at ALROSA's deposits this year.

The centuries-old diamond industry is getting shaken up by small producers and industry giants alike.

New Mining Charter seeks to reduce uncertainty and boost investment in the sector.

Efforts to broaden the scope of the Kimberley Process, set to prevent the sale of so-called "blood diamonds", have been stymied for a decade by member states including China, Russia and a number of African nations.

It sold for more than $2.9 million.

DRC President Joseph Kabila vowed delayed elections will take place as planned this year.

The top item at Christie’s Geneva Magnificent Jewels sale in November will be The Pink Legacy, an 18.96-carat fancy vivid pink diamond expected to fetch up to $50 million.

Blockchain technology and the smart contracts it enables are the next innovations the mining industry needs to adopt in order to improve efficiencies and increase market transparency, a paper published by global law firm White & Case says.