Karelian says Finland asset likely to hold more coloured diamondsThe Irish explorer said the samples were taken in the Kuhmo region of Finland, where it found a green diamond in 2022.Staff Writer | April 9, 2024 | 6:01 am
Rio Tinto promotes copper boss Bold Baatar to commercial chiefBaatar's role in the expansion of Oyu Tolgoi and the…Cecilia Jamasmie | April 8, 2024 | 3:39 am
Winsome Resources reveals plan to repurpose Renard diamond plant in Quebec for lithiumQuebec has seen an explosion of lithium spodumene discoveries in…Henry Lazenby | April 3, 2024 | 1:11 pm
Tectonic breakup generates diamonds, researchers find Study could shape the future of the diamond exploration industry, informing where diamonds are most likely to be found. Staff Writer | July 27, 2023 | 8:26 am
De Beers $2.3bn Venetia mine expansion yields first diamonds De Beers stopped its 30-year open pit mining operations at Venetia last year to transition to the underground section of the mine. Cecilia Jamasmie | July 25, 2023 | 5:55 am
New draft decree proposes limiting issuance of mining titles in Colombia’s vulnerable ecosystems Colombia’s government made public a draft decree aimed at setting new criteria for establishing temporary natural reserves within the context of mining and environmental regulations. Valentina Ruiz Leotaud | July 23, 2023 | 11:15 am
Lucara underground Karowe diamond mine cost jumps 25% to $683m Underground production will be delayed to the first half of 2028, rather than the second half of 2026. Staff Writer | July 18, 2023 | 10:24 am
Petra Diamonds misses production target for 2023 on lower grades It produced 2.67 million carats for the year to June 2023, down by 20% from fiscal 2022 and below its guidance of 2.75-2.85 million carats. Cecilia Jamasmie | July 18, 2023 | 3:41 am
De Beers deal is boon for Botswana’s economy, president says Under the new accord, Botswana’s state-owned diamond trader will get 30% of the output from Debswana. Bloomberg News | July 14, 2023 | 8:18 am
Lucapa Diamond achieves debt-free status The diamond producer is now interest-bearing debt free, having repaid about $20 million over an 18-month period. Cecilia Jamasmie | July 4, 2023 | 5:08 am
De Beers-Botswana deal signals rocky road for rough diamonds De Beers, along with the rest of the global diamond sector, is facing headwinds from a 6.5% drop in diamond prices in the year to date. Reuters | July 3, 2023 | 11:44 am
De Beers agrees to give Botswana more rough diamonds in new sales pact A new deal gradually increases to 50% the share of rough stones Botswana gets from its joint venture with De Beers. Reuters | July 2, 2023 | 10:31 am