Diamond Top Stories

Alrosa brings coloured diamonds to Hong Kong in effort to conquer China

As part of its plans to expand into that market, Alrosa will hold its first “True Colour” auction of coloured polished diamonds, during the Hong Kong Gem & Jewellery Fair taking place this month.

Cecilia Jamasmie | September 5, 2018 | 9:08 am

De Beers is selling diamonds for less and the industry isn’t happy

World’s No.1 diamond miner will let buyers refuse some lower-quality…

Cecilia Jamasmie | September 4, 2018 | 9:41 am

De Beers will allow buyers to reject cheap diamonds

This is a rare move by De Beers, which is…

Bloomberg News | September 3, 2018 | 10:33 am

India’s Anil Agarwal succeeds with Vedanta Resources buyout

Some in the industry see this move as a prelude…

Reuters | September 3, 2018 | 7:21 am

FedEx’d gems fueled India’s biggest bank fraud, report says

Modi and associates fraudulently borrowed approximately $4 billion

Bloomberg News | August 30, 2018 | 1:38 pm

Global mining deals picking up, but far from returning to boom times

Companies’ low valuation, the current focus on operational efficiency in the mining sector, and the chase for overseas assets by Chinese investors, are pushing deals up.

Cecilia Jamasmie | May 18, 2014 | 1:59 pm

Christie’s sets all-time auction record with ‘The Blue’: $24 million

The 13.22 carats pear-shaped precious gem has been rechristened as the "Winston Blue."

Cecilia Jamasmie | May 16, 2014 | 11:52 am

This is what a $16.3 million yellow diamond looks like

The "Graff Vivid Yellow” diamond, one of the world’s largest cut precious gems of any colour, fetched Tuesday an astronomical $16.3 million at Sotheby’s Geneva auction.

Cecilia Jamasmie | May 14, 2014 | 12:01 am

Paragon Diamonds interest in Lemphane increased to 100%

Paragon will now hold 80% of the equity in the project, together with the Government of Lesotho holding 20%.

Julienne Bay | May 12, 2014 | 7:01 pm

Miners’ time to rejoice: Rio Tinto hints at imminent end of downturn

The head of the world’s second largest mining company, Sam Walsh, said he will soon stop focusing on cost cuts to centre on growth again.

Cecilia Jamasmie | May 8, 2014 | 7:02 pm

The value of project generators in a low probability industry

Project generators operate in different markets and stages of project development. Risk profiles vary considerably; leading to diversification within the universe.

Derek Hamill - Zimtu Capital | May 7, 2014 | 4:42 pm