Petra Diamonds opens tailings to artisanal miners in South Africa

The miner reported a 25% fall in diamond sales during the second cycle of the year, compared with the traditionally stronger first cycle, in line with its expectations.

Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.

The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.

The target group was the the top diamond consumer in 2015, a year in which most commodities plummeted, hitting the mining industry very hard.

The company originally intended to combine its Tongo project with Tonguma, but it has now decided to become the mine's operator.

The world's number five diversified miner posted its first annual net profit in five years.

Report by the Mining Association of Canada (MAC) says the country is not in a good position to benefit from the increasing number of companies ready to make new and significant investments.

Majors and juniors swap roles in $7 billion a year mining exploration sector

Big, valuable gemstones that may eventually get cut into smaller diamonds keep getting discovered in Angola.