Diamond Top Stories

Debswana rough diamond sales down 21% on weak demand

While Debswana sales have been affected by weak global consumer demand, the company has not cut back production.

Reuters | October 31, 2023 | 9:34 am

G7 plan to ban Russian diamonds to further dim industry sparkle

But even before it is in force, producers say Western…

Reuters | October 30, 2023 | 10:08 am

Gem Diamonds finds 117-carat diamond at Letseng

The discovery of the white Type IIa rough diamond is…

Staff Writer | October 30, 2023 | 9:12 am

Stornoway Diamond files for bankruptcy for second time, stops operations at Quebec site

Renard is Quebec’s first and only diamond mine, opened in…

Nicolas Van Praet - The Globe and Mail | October 27, 2023 | 10:06 am

G7 announcement on Russian diamond ban expected by end of month

The G7 held a technical meeting last week to discuss…

Reuters | October 25, 2023 | 10:11 am

Lucara Diamond starts shaft-sinking at $547m Karowe mine expansion

The underground expansion of the Karowe diamond mine in Botswana, will extend its productive life until 2040.

Cecilia Jamasmie | August 11, 2022 | 6:37 am

Diamond exploration hits a new low — even as rough prices soar

In Canada last year, coal exploration attracted more spending than diamond exploration.

Alisha Hiyate | August 3, 2022 | 10:01 am

The Australian diamonds that no one can see

“This discovery will influence our understanding of the tectonic models and how the eastern coast of Australia formed.”

Staff Writer | August 3, 2022 | 6:06 am

Debswana diamond sales jump 54% in first half of 2022

Sales were driven by strong jewelry demand in the US market.

Reuters | July 29, 2022 | 8:01 am

Anglo American cuts dividend as inflation, extreme weather erode earnings

Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.

Reuters | July 28, 2022 | 7:55 am

Lundin Group founder Lukas Lundin dies at age 64

The mining entrepreneur died in Geneva at the age of 64, following a two-year battle with brain cancer.

MINING.COM Staff Writer | July 27, 2022 | 9:04 am

Lucapa finds giant pink diamond said to be Angola’s largest in 300 years

The 170-carat pink diamond, named the “Lulo Rose”, will be sold later this year through an international tender.

Cecilia Jamasmie | July 27, 2022 | 3:49 am

Botswana president sees progress on diamond pact with De Beers

Botswana and De Beers are working out the “finer” details of a new diamond sales pact.

Bloomberg News | July 26, 2022 | 2:16 pm

De Beers Canada receives fine for 2017 Snap Lake diesel spill

An investigation revealed that up to 1,125 litres of diesel spilled during a fuel transfer between two above-ground storage tanks.

Staff Writer | July 26, 2022 | 10:45 am

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