Diamond Top Stories

South African billionaire Wiese returns to his diamond-hunting roots

The 82-year-old serial investor has dived into something that harkens back to the start of his storied career nearly half a century ago.

Bloomberg News | February 26, 2024 | 9:23 am

What to expect in 2024 after diamond sector’s price plunge

Going into 2024, it is likely that miners will release…

Paul Zimnisky | February 25, 2024 | 6:45 am

Anglo American to review assets after writedowns and profit plunge

The miner has announced a $1.6 billion impairment charge on…

Reuters | February 22, 2024 | 9:51 am

TIMELINE: Anglo American’s efforts to tackle weak commodity prices

Anglo American said it will review its assets after a…

Reuters | February 22, 2024 | 6:49 am

Lucara Diamond unearths over 530-carats at Karowe mine in Botswana

Recoveries include a 320-carat gem-quality, an 111-carat Type IIa white…

Staff Writer | February 21, 2024 | 1:28 pm

Gem trader HB Antwerp eyes African diamonds after Botswana pact

The firm is looking for potential deals to process rough diamonds in countries including Namibia, South Africa, Lesotho and the DRC.

Reuters | May 19, 2023 | 8:24 am

G-7 to chase Russia’s diamonds while stopping short of total ban

Earlier attempts to sanction Russian gems in Europe have met resistance from importer nations like Belgium.

Bloomberg News | May 19, 2023 | 8:14 am

Ultra-rare Bulgari Laguna Blu diamond sells for $25 million

The exceptional blue diamond found a buyer after a four-minute bidding battle between three telephone bidders and one bidder in the room.

Staff Writer | May 18, 2023 | 10:17 am

G7 to discuss diamond trade with future Russia sanctions in mind – EU official

Poland in April presented a proposal for a new set of sanctions on Russia for waging war against Ukraine, including oil and diamond imports.

Reuters | May 18, 2023 | 8:47 am

De Beers mergers two auctions after sales disappoint

It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same cycle of 2022.

Staff Writer | May 17, 2023 | 11:03 am

Rio Tinto marks 20-year production milestone at Diavik diamond mine

Diavik's workforce of about 1,100 people is nearly a quarter Indigenous and some 40% is Northern.

Staff Writer | May 8, 2023 | 4:13 pm

South Africans call for UK to return diamonds set in crown jewels

South Africans are calling for Britain to return the world's largest diamond, which is set in the royal sceptre that King Charles III will hold at his coronation.

Reuters | May 5, 2023 | 9:40 am

Nevada regains position as most attractive mining jurisdiction

The Fraser Institute's Annual Survey of Mining Companies places Western Australia second, and the Canadian province of Saskatchewan third.

Staff Writer | May 4, 2023 | 6:33 am

Rio Tinto unveils Argyle Rose heirloom piece

Argyle Rose features one of the last diamonds to be mined from the iconic Argyle mine in the East Kimberley, Western Australia.

Staff Writer | May 3, 2023 | 12:03 pm

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