Gahcho Kué diamond mine surpasses spend threshold with NWT and Indigenous businessesThe milestone represents 61% of the total C$3.2 billion spent on the project since 2015 when construction began.Marilyn Scales - Canadian Mining Journal | June 26, 2024 | 11:11 am
De Beers sales drop to $315m amid search for new ownerProvisional figure is less than the $383 million fetched in…Cecilia Jamasmie | June 26, 2024 | 3:50 am
Gemfields fetches almost $69 million at ruby auctionThe auction marked the 10th anniversary of Gemfields’ first sale…Cecilia Jamasmie | June 19, 2024 | 5:36 am
Canada bans indirect imports of Russian diamonds The latest restriction adds to a ban on Russian diamonds announced in December. Staff Writer | March 1, 2024 | 9:22 am
Debswana diamond sales down 25.1% in 2023 on weak demand Debswana sold diamonds worth $3.44 billion in 2023 from $4.59 billion registered in 2022. Reuters | March 1, 2024 | 7:55 am
Diamond producers warn of pitfalls in G7’s Russia gem ban Russia is the biggest global supplier of uncut diamonds by volume. Henry Lazenby | February 28, 2024 | 3:02 pm
Alrosa’s annual net profit drops 15.2% Harmony Gold says it will pay a record interim dividend. Reuters | February 28, 2024 | 8:01 am
Mark Cutifani appointed to Diamond Standard’s board of advisors Cutifani was CEO from 2013 to 2022 of Anglo, one of the world’s largest mining companies, and chairman of De Beers, the leading diamond mine operator and marketer of natural diamonds. Staff Writer | February 27, 2024 | 11:29 am
South African billionaire Wiese returns to his diamond-hunting roots The 82-year-old serial investor has dived into something that harkens back to the start of his storied career nearly half a century ago. Bloomberg News | February 26, 2024 | 9:23 am
What to expect in 2024 after diamond sector’s price plunge Going into 2024, it is likely that miners will release into the market at least some excess stock they hold on any sign of a demand recovery. Paul Zimnisky | February 25, 2024 | 6:45 am
Anglo American to review assets after writedowns and profit plunge The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand. Reuters | February 22, 2024 | 9:51 am
TIMELINE: Anglo American’s efforts to tackle weak commodity prices Anglo American said it will review its assets after a 94% plunge in annual profit. Reuters | February 22, 2024 | 6:49 am