Diamond Top Stories

Mining industry’s adoption of blockchain not a question of if, but when — report

Blockchain technology and the smart contracts it enables are the next innovations the mining industry needs to adopt in order to improve efficiencies and increase market transparency, a paper published by global law firm White & Case says.

Cecilia Jamasmie | September 20, 2018 | 9:32 am

Botswana trims growth prospects, sees wider budget deficits

Botswana's economy is expected to expand by 4.5 percent this…

Reuters | September 18, 2018 | 11:42 am

Petra Diamonds CEO to leave following shares value dip, debt increase

Johan Dippenaar has held the top position since 2005, when…

Cecilia Jamasmie | September 17, 2018 | 3:40 am

Lucapa introduces Lulo diamonds into Angola’s new diamond marketing system

According to Lucapa, policy shifts in the southern African country…

Valentina Ruiz Leotaud | September 16, 2018 | 10:45 am

How Anglo quietly built a commodity trader in Glencore’s shadow

In just five years, Anglo assembled marketing operations that now…

Bloomberg News | September 16, 2018 | 7:46 am

Canada’s diamond industry icon sells last stake in Ekati mine

Charles “Chuck” Fipke is selling his remaining 10% interest in the mine.

Cecilia Jamasmie | July 10, 2014 | 1:54 pm

Booze ban at Rio Tinto mine means perks drying up

"Wet mess" closure comes as Argyle shifts to underground mining.

Jeffrey Richmond | July 8, 2014 | 7:35 pm

Diamond industry recovers place in miners’ hearts on climbing demand, prices

Sector now delivering some of the healthiest returns for many of the world’s biggest miners, including Rio Tinto and Anglo American.

Cecilia Jamasmie | July 8, 2014 | 4:48 pm

Massive layoffs expected in Zimbabwe as diamond deposits run out

It has become economically unviable for miners to dig any deeper for the precious stones.

Cecilia Jamasmie | July 7, 2014 | 2:00 pm

Namibia advances plans of selling diamonds without De Beers

Minister of Mines and Energy Isak Katali said the idea is to give diamond dealers and manufacturers the opportunity to buy directly from locals.

Cecilia Jamasmie | July 4, 2014 | 2:36 pm

Outperforming Lucara likely to use its paper to grow

Share price continues to hit all-time highs.

Travis McPherson - CEO.ca | July 3, 2014 | 10:00 am

Astronomers discover diamond the size of Earth

That’s one massive diamond, which will never be cut, as it is 900 light-years away from our planet.

Cecilia Jamasmie | June 30, 2014 | 9:45 am

Alrosa diamonds sold for an average $118.50/carat in Q1 2014

Company's rough diamond prices proxy for opaque market.

Paul Zimnisky | June 27, 2014 | 4:11 pm

Alrosa opens Russia’s largest diamond mine

The Udachny mine, in the country's northeast, is also expected to become one of the world’s biggest underground diamond operations.

Cecilia Jamasmie | June 27, 2014 | 3:17 pm

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