Diamond Top Stories

BHP’s high-stakes tilt for Anglo puts regulators in spotlight

The proposed $39 billion combination has more than enough components to trigger intense oversight by regulators concerned about implications for market concentration and access to key minerals.

Bloomberg News | May 3, 2024 | 4:56 am

Alrosa says output stable amid Western sanctions

The Russian finance ministry said last month that Russia will…

Reuters | May 2, 2024 | 8:05 am

Gem Diamonds finds yet another big stone in Lesotho

The 118.74 carats diamond is the fifth greater than 100-carat…

Cecilia Jamasmie | April 30, 2024 | 3:33 am

Takeover rules to prevent Anglo from saying much on BHP bid at AGM

BHP's $39 billion bid will be the elephant in the…

Reuters | April 29, 2024 | 7:07 am

BHP considering improved proposal for Anglo American after bid rejected

BHP Group is considering making an improved offer for Anglo American…

Reuters | April 27, 2024 | 1:43 pm

Lucapa finds Lulo mine’s third-largest diamond

The 208 carat, Type IIa diamond is also the second 100-carat-plus stone found in October at the Angola mine.

Cecilia Jamasmie | November 1, 2023 | 3:48 am

Debswana rough diamond sales down 21% on weak demand

While Debswana sales have been affected by weak global consumer demand, the company has not cut back production.

Reuters | October 31, 2023 | 9:34 am

G7 plan to ban Russian diamonds to further dim industry sparkle

But even before it is in force, producers say Western customers have been shunning gemstones from Russia.

Reuters | October 30, 2023 | 10:08 am

Gem Diamonds finds 117-carat diamond at Letseng

The discovery of the white Type IIa rough diamond is a much-needed positive news for the miner, which reported last month a $1 million loss.

Staff Writer | October 30, 2023 | 9:12 am

Stornoway Diamond files for bankruptcy for second time, stops operations at Quebec site

Renard is Quebec’s first and only diamond mine, opened in 2017.

Nicolas Van Praet - The Globe and Mail | October 27, 2023 | 10:06 am

G7 announcement on Russian diamond ban expected by end of month

The G7 held a technical meeting last week to discuss several proposals put forward by India, industry groups and Belgium.

Reuters | October 25, 2023 | 10:11 am

How microbes can help discover new kimberlite deposits

For the first time, modern DNA sequencing of microbial communities has been used in the search for buried minerals.

Staff Writer | October 25, 2023 | 6:06 am

Botswana’s ODC halts diamond sales as industry seeks to reduce glut

ODC holds 10 auctions a year to sell its 25% allocation of production from Debswana.

Reuters | October 24, 2023 | 10:01 am

De Beers output falls amid Venetia mine transition

De Beers stopped its 30-year open pit mining operations at Venetia last year to transition it to underground extraction.

Cecilia Jamasmie | October 24, 2023 | 8:00 am

First

Last