July 19, 2018

Miners wrote off almost one-third of investments over last decade

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.

July 18, 2018

Earth holds quadrillion tonnes of diamonds deep beneath its surface

Getting to them would take technology far beyond what we currently have at our disposal.

July 16, 2018

Fura Gems grabs more ruby assets in Mozambique

Gemstone producer us is expanding its footprint in Mozambique by acquiring nine ruby assets from ASX-listed Mustang Resources and Regius Resources Group.

July 12, 2018

Rio Tinto to sell its largest pink diamond

The 3.14-carat polished emerald cut diamond, known as The Argyle Alpha, is part of the line-up of 63 rare pink, red and violet diamonds in the 2018 Argyle pink diamonds…

July 11, 2018

ALROSA to name diamonds “Lev Yashin” and “Brilliant moment!” based on fans’ suggestions

More than 30 people suggested naming the diamond "Lev Yashin" in honour of the legendary Soviet goalkeeper. The first participant to propose this idea was Ilya Turbachev from Chelyabinsk, who…

July 11, 2018

Huge diamonds keep coming out of Lucapa’s Lulo mine in Angola

This time is a 114-carat white stone.

July 10, 2018

Death by diamonds: Suicides wipe the shine off India’s gem trade

Over 80 percent of the total workforce earn a piece rate of 1 to 25 rupees for each stone they polish and have no social benefits.

July 8, 2018

Alrosa unearths diamond shaped as soccer ball

The 0.50-carat stone was found at the company’s Karpinskaya-1 pipe, located in the northern Arkhangelsk Region.

July 8, 2018

South Africa mines minister delays finalisation of draft mining charter

Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.

July 6, 2018

SYNTHdetect shortlisted as finalist for industry innovation award

SYNTHdetect, launched last year, is the first synthetic diamond screening device.