Diamond Top Stories

De Beers expands presence in Angola’s diamond sector

The world’s largest diamond miner by volume has inked agreements with Angola to boost diamond production and exploration.

Cecilia Jamasmie | February 6, 2024 | 5:22 am

Rio Tinto unit faces criminal case in Canada over injured worker

The accident took place on Jan 26, 2023 at the…

Reuters | February 5, 2024 | 12:47 pm

Swiss ban Russian diamond imports, joining latest EU sanctions

Bern has agreed to adopt the 12th round of sanctions…

Reuters | January 31, 2024 | 9:51 am

Plane carrying Rio Tinto workers crashes in Canada’s Northwest, six dead

Four passengers and two crew members died after a small…

Reuters | January 24, 2024 | 3:15 am

Gahcho Kué diamond sales fall on weaker demand

Revenue declined to $243.7 million from 2.7 million carats sold…

Colin McClelland | January 23, 2024 | 1:56 pm

Latest Stories

“Eternal Pink” diamond could fetch more than $35 million at auction

The 10.57-carat diamond also carries the highest price per carat estimate placed on any rock or gemstone ($3.3 million).

Cecilia Jamasmie | March 30, 2023 | 3:46 am

Botswana Diamonds begins mining in South Africa

Marsfontein is serving as a proof-of-concept trial project, which will help improve operations at the miner's flagship Thorny River project.

Cecilia Jamasmie | March 29, 2023 | 4:42 am

Botswana partners with gem trader HB Antwerp, seeks to loosen De Beers’ grip

Botswana will take a 24% stake in Belgian gem processing firm HB Antwerp.

Reuters | March 27, 2023 | 8:26 am

Gemfields shares jump on record revenue for 2022

The Africa-focused emeralds and rubies miner posted a 2022 revenue of $341 million, a 32% increase from the previous year.

Cecilia Jamasmie | March 24, 2023 | 7:12 am

Burgundy buys Canada’s largest diamond operation

Burgundy Diamond Mines is buying Arctic Canadian, owner of the Ekati mine, to become one of the world’s biggest diamond operations.

Staff Writer | March 14, 2023 | 8:28 am

EV batteries get some bling

A new EV battery uses diamonds to harvest energy.

Staff Writer | March 13, 2023 | 7:25 am

Botswana intent on selling more diamonds without De Beers

Three-quarters of Debswana's production, which was 24 million carats in 2022, is sold to De Beers.

Reuters | March 9, 2023 | 10:45 am

Botswana mining growth seen flat amid dim diamond outlook

In 2023, Botswana expects diamond output to decline by 1%.

Reuters | March 1, 2023 | 7:41 am

Quest for world’s biggest diamonds gives De Beers a headache

To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds.

Bloomberg News | February 28, 2023 | 8:04 am

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