MINING.COM

Failing to find a buyer, De Beers will flood Snap Lake Mine

Work on flooding the tunnels of the shuttered diamond mine will start in early January and is expected to take between six and eight weeks.

Andrew Topf | December 16, 2016 | 6:26 pm

This rare blue diamond was just found in Australia

While it was “only a small diamond at 0.124 carats,” the firm says it demonstrates the potential for valuable coloured precious rocks at the mine, currently in its ramp up phase.

Cecilia Jamasmie | December 16, 2016 | 5:55 am

Rough diamond prices higher in 2016 as production cuts and restocking flip supply/demand

In 2016, the diamond industry has been marked by the follow-through of actions taken by De Beers, ALROSA and Rio Tinto to curtail global supply.

Paul Zimnisky | December 15, 2016 | 5:29 am

De Beers latest diamond sales hit by India’s demonetization

The diamond producer by value sold $418 million of gems in its 10th cycle, compared with $476 million at its previous offering, which shows demand has slowed since India's withdrawal of high-value bills.

Cecilia Jamasmie | December 14, 2016 | 3:49 am

Here’s how lab created diamonds are made

Technological leaps have allowed companies to create large numbers of gem-quality stones inexpensively, but very few know how they are really made.

Cecilia Jamasmie | December 13, 2016 | 8:50 am

Lab-made diamond harder than the natural gem

Diamonds' position at the pinnacle of the Mohs scale could be in jeopardy according to recent research by scientists at Australian National University.

Andrew Topf | December 12, 2016 | 9:27 pm

Fresh shake-up at Rio Tinto in aftermath of bribery probe

Russian-Canadian Vera Kirikova will become human resources group executive while Simone Niven will assume the corporate relations group executive post.

Cecilia Jamasmie | December 9, 2016 | 3:36 am

Anglo American about to make key decision on South African assets sale

While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains a bone of contention.

Cecilia Jamasmie | December 8, 2016 | 3:45 am

Capital allocation: Canadian miners’ top priority for 2017

With fluctuating commodity prices, the top priorities for Canadian miners next year will be capital allocation, strategic deal making and employing new technology and innovations, a report shows.

Cecilia Jamasmie | December 7, 2016 | 11:03 am

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In Kimberley, the world’s diamond capital, illicit mining fight flounders

Tradewind launches new blockchain app to increase transparency in precious metals markets

De Beers cuts diamond prices by about 5% as industry crisis deepens

Lucara going ahead with $514m Karowe mine expansion

Inaugurated, Botswana’s Masisi pledges to diversify economy away from diamonds

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