Diamond Top Stories

Zimbabwe mulls scrapping majority black ownership on diamond, platinum sectors

President Emmerson Mnangagwa, who took the post in November, has ordered an examination of both industries that may lead to the abolition of the 51% local ownership rule on them.

Cecilia Jamasmie | January 23, 2018 | 3:49 am

Irish diamond miner to expand in Finland

Karelian Diamond Resources was granted a four-year exploration claim in…

Valentina Ruiz Leotaud | January 22, 2018 | 5:18 pm

Gem Diamonds on a roll, now finds 149-carat rock

The 149-carat, D colour, Type IIa rough diamond is the fourth…

Cecilia Jamasmie | January 22, 2018 | 9:02 am

De Beers’ diamond venture in Namibia axing at least 130 jobs

Move seeks to ensure the sustainability of Namdeb land-based operations.

Cecilia Jamasmie | January 17, 2018 | 8:12 am

Lucapa finds monster diamonds at Lulo, including largest coloured one

The Australian miner has also unearthed the tenth +100 carat…

Cecilia Jamasmie | January 17, 2018 | 3:42 am

Strong performance from mining sector lends an edge to European stocks

STOXX 600 European basic resources index gains1.4% on signs that growth is picking up in China

Marc Howe | December 28, 2012 | 12:11 am

Swarovski unveils palace made out of crystals

Diamond-like crystals manufacturer Swarovski and UK architect Asif Khan have built a “palace” made out of Swarovski luxury gems.

Cecilia Jamasmie | December 27, 2012 | 3:51 pm

Ten scandalous diamond stories from 2012

From 50-million year old fossils in diamond mines to the use of gamma rays to find precious gems

Marc Howe | December 27, 2012 | 12:10 pm

The greatest mining flameouts of 2012

The notable flops, failures and flameouts of the year.

Frik Els | December 24, 2012 | 2:40 am

Southern parvenu seizes control of New York Stock Exchange

Metals and energy trader clinches historic deal with NYSE Euronext.

Marc Howe | December 21, 2012 | 12:01 am

Russian Alrosa renews rough supply contract with Rosy Blue

The company recently closed another deal worth nearly $60 million with U.S jewellery giant Tiffany.

Cecilia Jamasmie | December 19, 2012 | 4:36 pm

DiamondCorp surges on funding news for South African mine

Shares in DiamondCorp (LON:DCP) climbed 13% after the company announced it has put in place what it called “the final piece in the funding jigsaw” for its Lace Mine in South Africa.

Cecilia Jamasmie | December 18, 2012 | 4:31 pm