Lucara sells off Clara diamond sales platform

The total consideration is $3 million on closing and the return of 10 million Lucara common shares initially issued as partial consideration when Lucara acquired Clara in 2018.

Staff Writer | October 7, 2024 | 10:13 am

The top 50 biggest mining companies in the world

Despite gold's price slump, strong copper and iron ore prices lifted MINING.COM's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion.

MINING.com Editor | October 5, 2024 | 2:59 am

Angola diamonds not under sanctions but Russia link is obstacle

Angola’s state-owned diamond producer said some clients were deterred by its partnership with Alrosa.

Bloomberg News | October 4, 2024 | 6:58 am

Rio Tinto’s Diavik diamond mine moves into commercial production underground

The miner said last year it was going ahead with a $40 million expansion of Diavik, which will extend the operation’s life to at least early 2026.

Staff Writer | October 3, 2024 | 3:04 pm

Rio Tinto launches ‘Colour Awakened’ historic collection from Argyle diamond mine

The collection is headlined by seven “Old Masters”, notable historic diamonds from the Argyle mine that operated from 1983 to 2020.

Staff Writer | October 2, 2024 | 4:16 pm

Burgundy Diamond halts Sable expansion plans at Ekati in Northwest Territories

Earlier this year, the company told the CBC that "the financial viability and sustainability" of its business are at risk without the Sable underground project.

Staff Writer | September 25, 2024 | 4:31 pm