Gem Diamonds finds yet another big stone in LesothoThe 118.74 carats diamond is the fifth greater than 100-carat precious stone recovered this year at Letšeng mine.Cecilia Jamasmie | April 30, 2024 | 3:33 am
Takeover rules to prevent Anglo from saying much on BHP bid at AGMBHP's $39 billion bid will be the elephant in the…Reuters | April 29, 2024 | 7:07 am
Anglo American rejects “opportunistic” $39bn takeover bid from BHPUnder takeover rules, BHP is required to either make a…Cecilia Jamasmie | April 26, 2024 | 3:24 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
Oxygen “whiffs” play a role in the formation of ore deposits Oxygen “whiffs" may have changed the earth’s mantle, altering the continental crust's composition and forming ore deposits. Staff Writer | September 3, 2023 | 7:53 am
India asks US to release funds frozen over suspected Russia diamond link – sources India has asked the US to release $26 million belonging to at least two Indian diamond firms frozen due to their alleged trade links with Alrosa. Reuters | August 30, 2023 | 8:28 am