Diamond Top Stories

Russia says it will have no trouble skirting latest EU sanctions

The new sanctions package bans the import of Russian-origin non-industrial diamonds.

Reuters | December 19, 2023 | 6:24 am

India’s Modi says new diamond bourse in Gujarat to create 150,000 jobs

Surat, in Gujarat state, cuts and polishes 90% of the…

Reuters | December 17, 2023 | 11:07 am

Petra Diamonds inks deal to sell idled Koffiefontein mine

Petra has signed a non-binding deal with an unnamed party…

Cecilia Jamasmie | December 13, 2023 | 3:58 am

Anglo American’s falling shares fuel takeover rumours

Analysts say Anglo's current low valuation and diversified portfolio makes…

Cecilia Jamasmie | December 12, 2023 | 4:03 am

Lucapa fetches $17 million for four diamonds recovered from Lulo mine in Angola

The tender was conducted by Sodiam E.P in Luanda, and…

Staff Writer | December 11, 2023 | 12:39 pm

Latest Stories

Massive emerald cluster sets new record at Gemfields auction

The Kafubu Cluster, found at the Kagem mine in Zambia in 2020, became the most expensive single emerald item ever sold by Gemfields.

Cecilia Jamasmie | November 18, 2022 | 5:11 am

Lucara extends sales deal with HB by 10 years

It allows Lucara sell its +10.8 carat diamond production from Karowe mine, which account for 60% to 70% of its revenue.

Cecilia Jamasmie | November 17, 2022 | 7:08 am

Petra Diamonds’ Tanzania mine ops suspended for three months

A wall of the tailings storage facility at the site was breached earlier this week.

Reuters | November 10, 2022 | 7:10 am

Zimbabwe’s new mineral royalty policy comes into force

The government plans to start collecting half of the royalties from gold, diamonds, platinum group metals, and lithium.

Reuters | November 8, 2022 | 7:45 am

Petra Diamonds halts Williamson mine in Tanzania after dam breach

Operations were suspended after a wall of the tailings storage facility was breached, causing flooding in nearby areas.

Cecilia Jamasmie | November 7, 2022 | 7:25 am

Previously unknown mineralogy of deep earth unveiled

New experiments suggest that earth’s deeper lower mantle likely has a mineralogy different from the shallower lower mantle.

Staff Writer | November 7, 2022 | 5:05 am

Vivid pink diamond could go for $35 million at Christie’s auction

The largest vivid pink diamond sold at Christie's was the 18.96-carat Winston Pink Legacy, which got $50.4 million in 2018.

Reuters | November 2, 2022 | 10:52 am

Gemfields to auction 37,555-gram emerald cluster

The Kafubu Cluster is likely to set a record for the world’s most expensive single emerald sold in auction.

Cecilia Jamasmie | November 2, 2022 | 10:00 am

Gem Diamonds lowers 2022 guidance despite solid Q3

Output was hurt by a two-day halt in Lesotho during the country's general elections, as well as by an equipment breakdown, now repaired.

Cecilia Jamasmie | November 2, 2022 | 9:28 am

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