September 5, 2023

South African union plans wage strike at De Beers’ Venetia mine

South Africa's biggest mineworker union said its members were demanding a 9% wage hike but De Beers was offering a 6% increase.

September 4, 2023

Alrosa starts construction of giant new diamond mine

The project would require estimated investment of 121.5 billion roubles ($1.26 billion), with production to start in 2032.

September 3, 2023

Diamond prices are in free fall in one key corner of the market

An increasing number of Americans are choosing engagement rings made from lab-grown stones.

September 3, 2023

Oxygen “whiffs” play a role in the formation of ore deposits

Oxygen “whiffs" may have changed the earth’s mantle, altering the continental crust's composition and forming ore deposits.

August 30, 2023

India asks US to release funds frozen over suspected Russia diamond link – sources

India has asked the US to release $26 million belonging to at least two Indian diamond firms frozen due to their alleged trade links with Alrosa.

August 27, 2023

Mining boom across the tropics degrading river systems

Gold and mineral mining in and near rivers across the tropics is degrading waterways in 49 countries.

August 22, 2023

Lucara unearths 692-carat diamond at Karowe mine in Botswana

The diamond represents the fourth +300 carat diamond recovered year to date.

August 17, 2023

De Beers to aid employees in evacuation amid wildfires in Canada’s Northwest Territories

Canadian officials ordered the evacuation of Yellowknife and several smaller communities on Wednesday.

August 14, 2023

Lucara Diamond to replace CEO Eira Thomas

She will be replaced by William Lamb, who served as chief executive from May 2011 to February 2018.

August 14, 2023

Alrosa reports strong diamond sales despite sanctions

The company reported a first-half net profit of $551 million.