Lucara ends second quarter with $14 million loss82% revenue drop attributed mostly to pandemic-fuelled uncertainty in an already weak global diamond market.Cecilia Jamasmie | August 11, 2020 | 3:56 am
Alrosa digs up Russia’s largest coloured diamondThe 236-carat amber rough stone is the largest coloured diamond…Cecilia Jamasmie | August 10, 2020 | 3:43 am
Star reports first results from Rio Tinto bulk sampleCompany has begun to receive results from bulk-sampling program at…Canadian Mining Journal Staff | August 4, 2020 | 11:55 am
Russian diamond company Alrosa posts 28% profit fall The average price of its gem-quality diamonds fell by 9% in 2017, it said, citing "changes in the product mix". Reuters | March 15, 2018 | 12:07 pm
Gem Diamonds soars as it finds seventh giant rock this year It's a 169-carat, top white colour Type IIa rock diamond dug up at the company's flagship Letšeng mine in Lesotho. Cecilia Jamasmie | March 14, 2018 | 9:39 am
Fifth-largest gem quality diamond in history sold for $40 million Gem Diamonds found the 910-carat diamond, named "The Lesotho Legend," in January. Cecilia Jamasmie | March 13, 2018 | 6:20 am
Newfield acquires Stellar Diamonds for $23.6 million Under the deal, Newfield will lend Stellar $3 million to help it over its immediate short-term cash needs, while undertaking a right issue to raise A$30 million (roughly $23.6m) to re-finance the blended company. Cecilia Jamasmie | March 12, 2018 | 8:48 am
South African diamond provides new clues on Earth’s internal processes A mineral usually found at depths of 700 km found ensconced within diamond near Earth’s surface for the first time. Valentina Ruiz Leotaud | March 9, 2018 | 3:23 pm
Beny Steinmetz’s mining firm BSGR enters administration to protect itself As well as facing legal action, BSGR, which denies any wrong-doing, is suing financier George Soros for $10 billion in damages over lost contracts. Reuters | March 7, 2018 | 10:31 am
Gem Diamonds on fire, finds sixth giant rock this year Latest discovery is a 152-carat, top white colour Type IIa diamond, dug up at the company's flagship Letšeng mine in Lesotho. Cecilia Jamasmie | March 7, 2018 | 3:23 am
Diamond-backed raffle for “world’s most expensive dinner” canceled The experience would include $17,000 diamond chopsticks and an 18-course dinner prepared by the Michelin-starred team from Jaan. Valentina Ruiz Leotaud | March 6, 2018 | 6:26 pm
Villagers denounce irregular operations by the Zimbabwe Consolidated Diamond Company They say diamonds have become a curse instead of a blessing for those living in the Mutare West region. Valentina Ruiz Leotaud | March 6, 2018 | 5:33 pm