Diamond Top Stories

BHP considering improved proposal for Anglo American after bid rejected

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected.

Reuters | April 27, 2024 | 1:43 pm

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Under takeover rules, BHP is required to either make a…

Cecilia Jamasmie | April 26, 2024 | 3:24 am

Anglo’s stumbles have made it prey for mining’s biggest predator

The company’s reputation is in tatters after a series of…

Bloomberg News | April 25, 2024 | 12:25 pm

Star Diamond, Minespider launch passport to comply with new G7 rules

Passport contains all key information about the diamond, including its…

Staff Writer | April 25, 2024 | 11:20 am

BHP-Anglo American potential merger: It’s all about copper

The world’s largest miner wants to buy Anglo American, but…

Cecilia Jamasmie | April 25, 2024 | 7:52 am

Poland proposes ban on Russian diamonds, LPG in new sanctions package

The Polish proposal will now be considered by the European Commission.

Reuters | September 18, 2023 | 9:39 am

G7 to launch Russian diamond ban in bid to curb revenues, Belgium says

A ban on imports of Russian diamonds is expected to be agreed by Group of Seven nations in the next two or three weeks.

Reuters | September 15, 2023 | 7:46 am

De Beers ends lab-grown engagement diamonds foray as prices drop

The company expects lab-grown prices to continue to decline as more supply comes into the market.

Bloomberg News | September 13, 2023 | 8:15 am

HB Antwerp co-founders clash over gem trader’s future as Botswana deal looms

The government of Botswana said in March that it had agreed to buy a 24% stake in the diamond processor and trader.

Reuters | September 11, 2023 | 10:13 am

Alrosa says mines largest gem-quality diamond in Russia in decade

The 390.7-carat diamond was mined at one of the company's mines in the Republic of Sakha.

Reuters | September 9, 2023 | 11:24 pm

De Beers trusts talks will avoid strike at Venetia mine

The miner has presented a five-year wage deal that should provide greater certainty amid the mine's transition to underground operations.

Cecilia Jamasmie | September 8, 2023 | 6:36 am

South African union plans wage strike at De Beers’ Venetia mine

South Africa's biggest mineworker union said its members were demanding a 9% wage hike but De Beers was offering a 6% increase.

Reuters | September 5, 2023 | 7:14 am

Alrosa starts construction of giant new diamond mine

The project would require estimated investment of 121.5 billion roubles ($1.26 billion), with production to start in 2032.

Reuters | September 4, 2023 | 9:21 am

Diamond prices are in free fall in one key corner of the market

An increasing number of Americans are choosing engagement rings made from lab-grown stones.

Bloomberg News | September 3, 2023 | 11:50 am

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