Diamond Top Stories

De Beers Namibia diamond venture sells mine to local consortium

Namdeb, which unsuccessfully explored a variety of options to extend the life of its Elizabeth Bay Mine beyond 2019, ceased operations in September 2018.

Reuters | September 12, 2019 | 11:56 am

South Africa grants Botswana Diamonds ‘critical’ environmental authorization

The permission covers diamond-bearing gravels at the Marsfontein mine, which…

Cecilia Jamasmie | September 12, 2019 | 7:12 am

Record gold prices would be bad news for diamonds

Compared to gold, diamonds are an inferior store of wealth.

Bloomberg News | September 11, 2019 | 12:22 pm

Zimbabwe holds diamond auction for 316,000 carats

Zimbabwe expects to produce 4.1 million carats of diamonds this…

Bloomberg News | September 11, 2019 | 10:36 am

Alrosa reports $181.8m in August sales

This was the company's second lowest monthly sales figure this…

Reuters | September 10, 2019 | 10:54 am

Fresh wave of Chinese firms to go after Congo’s riches — report

Faced with declining domestic production, China's top copper company — Minmetals — said earlier this year that the "only solution” was going overseas, and many are following its steps.

Cecilia Jamasmie | July 22, 2016 | 8:00 am

Dominion Diamond stock apathetic amid significant production ramp

This was supposed to be a key year for Dominion, especially with the commencement of mining at the company’s rich Misery Main pipe at its Ekati mine.

Paul Zimnisky | July 20, 2016 | 10:00 am

Heavy snowfall in Chile forces Anglo to cut annual copper target

Shares plunged after miner revealed that output fell almost across the board in the April – June period.

Cecilia Jamasmie | July 20, 2016 | 3:41 am

Lucara announces special dividend of $172m

Lucara is still trying to sell the second-largest diamond ever discovered.

Business in Vancouver | July 20, 2016 | 12:22 am

Mick Davis to overhaul X2 Resources as fund fails to close any mining deal

Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.

Cecilia Jamasmie | July 19, 2016 | 4:26 am

Peregrine Diamonds to focus on $95 million all-weather road before moving ahead with Nunavut mine

The Chidliak mine, in Canada’s Nunavut, is expected to produce around 12 million carats during its 10-year lifespan.

Cecilia Jamasmie | July 14, 2016 | 9:39 am

Diamond giant Alrosa unearths massive 214.65-carat rock

It measures 42.11 by 34.26 by 16.07 mm, and is translucent with a grey hue.

Cecilia Jamasmie | July 13, 2016 | 10:38 am

Million-dollar coin unveiled

Kimberley Treasure coin was struck by The Perth Mint from one kilogram of 99.99 per cent pure gold, and features an image of a red kangaroo holding a 0.54 carat red gemstone between its front paws.

Government of Western Australia | July 11, 2016 | 8:59 pm

Gold price rally helps producers climb world’s top 25 mining companies list

Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.

Cecilia Jamasmie | July 11, 2016 | 7:54 am

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