Diamond output of sanctions-hit Alrosa down in 2023, stockpiling likely

Alrosa said on Friday that its 2023 output fell by 2.8% year on year to 34.6 million carats.

Reuters | December 22, 2023 | 8:09 am

India urges G7 to delay ban on Russian diamonds as rules lack clarity

Home to 90% of the world's diamond cutting and polishing industry, India is critical to the implementation of the ban.

Reuters | December 20, 2023 | 8:07 am

Diamond sales slowly restart after efforts to halt price crash

The world’s two biggest diamond miners are selling stones again after the industry all but halted supplies.

Bloomberg News | December 19, 2023 | 9:57 am

Russia says it will have no trouble skirting latest EU sanctions

The new sanctions package bans the import of Russian-origin non-industrial diamonds.

Reuters | December 19, 2023 | 6:24 am

India’s Modi says new diamond bourse in Gujarat to create 150,000 jobs

Surat, in Gujarat state, cuts and polishes 90% of the world's rough diamonds.

Reuters | December 17, 2023 | 11:07 am

Petra Diamonds inks deal to sell idled Koffiefontein mine

Petra has signed a non-binding deal with an unnamed party for the potential sale of the South African diamond mine.

Cecilia Jamasmie | December 13, 2023 | 3:58 am

Anglo American’s falling shares fuel takeover rumours

Analysts say Anglo's current low valuation and diversified portfolio makes it an attractive target for potential buyers.

Cecilia Jamasmie | December 12, 2023 | 4:03 am

Lucapa fetches $17 million for four diamonds recovered from Lulo mine in Angola

The tender was conducted by Sodiam E.P in Luanda, and the Lulo parcel of 609 carats consisted of 4 Type IIa diamonds weighing 41 carats, 123 carats, 208 carats and 235 carats, respectively.

Staff Writer | December 11, 2023 | 12:39 pm

Petra Diamonds says the worst is likely over

Petra's 20% increase in like-for-like prices for its latest tender of financial year 2024 supports its view that diamond prices have bottomed.

Cecilia Jamasmie | December 8, 2023 | 6:34 am

First

Last

Anglo shareholder LGIM supports break-up plan as BHP circles

BHP debates improved Anglo bid as time runs out in takeover saga

US lukewarm on G7 Russian diamond ban after industry backlash

BHP needs to bid about $41 a share for Anglo, JPMorgan says

Anglo American freezes hiring amid global shake-up

Create FREE account or log in

to receive MINING.COM digests