Canada’s mild winter disrupts key ice road to remote Arctic diamond mines

The delay underscores the challenges that companies face as Canada's diamond mines come to the end of their productive lives.

Reuters | March 30, 2024 | 1:28 pm

Russia confirms deal to buy part of Alrosa’s output

Due to sanctions, the ministry has decided not to disclose the details of the deal.

Reuters | March 28, 2024 | 10:10 am

Alrosa agrees to sell some production to the state

The Russian finance ministry has agreed with diamond producer Alrosa to purchase part of the company's production.

Reuters | March 27, 2024 | 11:14 am

Star Diamond acquires Rio Tinto’s 75% interest in the Fort à la Corne diamond project

Star Diamond now owns 100% of the project in central Saskatchewan.

Staff Writer | March 26, 2024 | 1:40 pm

Researchers evaluate paths to create super diamonds

Super diamonds are scientifically known as eight-atom body-centred cubic crystals.

Staff Writer | March 25, 2024 | 5:36 am

Gemfields loses sparkle as profit falls 86% on cancelled auction

The decline was partly due to unrealized fair value losses of $28 million from the company's stake in Sedibelo Resources.

Staff Writer | March 25, 2024 | 5:03 am

Gemfields warns of $2.8 million loss on write-down

Weak PGMs prices forced Gemfields to cut the value of its Sedibelo investment, which will result in a write-down ranging between $4 million and $28 million.

Cecilia Jamasmie | March 22, 2024 | 4:01 am

Lucapa finds Lulo mine’s fifth-largest diamond

The 203-carat, type IIa diamond is also the third 100-carat-plus stone found at the Angolan mine this year.

Cecilia Jamasmie | March 21, 2024 | 5:35 am

Lucapa Diamond soars on 48% rise in resources at Angola mine

Resources at Lulo mine in Angola increased to 228,000 carats as of December 31, up from 153,870 carats the previous year.

Cecilia Jamasmie | March 18, 2024 | 3:51 am

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Russian diamond producer Alrosa buys big gold deposit from Polyus

Botswana GDP shrinks most since 2020 as diamond output plunges

Petra Diamonds cuts targets and costs in tough market

Gahcho Kué diamond mine surpasses spend threshold with NWT and Indigenous businesses

De Beers sales drop to $315m amid search for new owner

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