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

G7 to ban Russian diamonds, announce measures on price cap, assets

The group is expected to announce a direct ban as of Jan. 1.

Reuters | December 6, 2023 | 7:39 am

Researchers map Australia’s path to address yearly A$4 billion on mine closure expenditures

Annual expenditures on mine closure and rehabilitation activities in Australia are expected to exceed A$4 billion by 2040.

Staff Writer | December 5, 2023 | 6:06 am

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BlackRock encouraged Anglo to extend talks with BHP

Anglo shareholders say BHP should amend structure or sweeten bid

Anglo American rejects BHP’s third bid, extends deadline

Anglo’s second largest investor demands BHP bid revision

BHP shares hit 3-month high as deadline for formal Anglo bid looms

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