Lucara Diamond ends HB Trading sale agreement

The Canadian diamond miner cited a “material breach of financial commitments” by the Belgian manufacturer as the reason for the split.

Cecilia Jamasmie | September 28, 2023 | 3:53 am

The move aims to avert a supply glut in the global market and aid diamond prices amid weak demand.

Reuters | September 20, 2023 | 7:34 am

Researchers reveal missing clue to finding pink diamonds

The discovery may help replace the now closed Argyle mine as a source of the world’s biggest and high-quality pink diamonds.

Staff Writer | September 20, 2023 | 7:00 am

The Polish proposal will now be considered by the European Commission.

Reuters | September 18, 2023 | 9:39 am

A ban on imports of Russian diamonds is expected to be agreed by Group of Seven nations in the next two or three weeks.

Reuters | September 15, 2023 | 7:46 am

The company expects lab-grown prices to continue to decline as more supply comes into the market.

Bloomberg News | September 13, 2023 | 8:15 am

The government of Botswana said in March that it had agreed to buy a 24% stake in the diamond processor and trader.

Reuters | September 11, 2023 | 10:13 am

The 390.7-carat diamond was mined at one of the company's mines in the Republic of Sakha.

Reuters | September 9, 2023 | 11:24 pm

The miner has presented a five-year wage deal that should provide greater certainty amid the mine's transition to underground operations.

Cecilia Jamasmie | September 8, 2023 | 6:36 am