Gem Diamonds unearths 245-carat stone in Lesotho

It is the third diamond of over 100 carats recovered from the Letšeng mine within the past three weeks.

Staff Writer | June 13, 2022 | 12:08 pm

Six people killed in Congo diamond mine cave-in

Workers had been tunnelling underground at a mine near the provincial capital Tshikapa when an accident occurred.

Reuters | June 9, 2022 | 8:05 am

Alrosa nixes dividend as economic sanctions bite

The company is subject to stinging economic sanctions levied by the West against Russia for its war in Ukraine.

Henry Lazenby | June 8, 2022 | 11:47 am

De Beers rises small diamonds price amid shortage

The world’s top diamond producer by value applied a 5% to 7% price increase at the sale held this week in Botswana.

Cecilia Jamasmie | June 7, 2022 | 6:54 am

Jewelers’ gold sourcing more challenging in times of war

With Russian gold and diamonds off-limits due to the war in Ukraine, makers of luxury jewelry and watches are finding it more difficult to secure raw materials.

Reuters | June 2, 2022 | 7:49 am

Gem Diamonds unearths 125-carat diamond in Lesotho

The white diamond is only the second one over 100 carats recovered this year at Letšeng, the world’s highest dollar per carat mine.

Cecilia Jamasmie | June 2, 2022 | 5:46 am

Fort à la Corne JV sampling confirms abundance of Type IIa diamond at Star kimberlite

The study conducted by Star Diamond confirmed that unusually high proportions of Type IIa diamonds are present in the kimberlite.

Staff Writer | June 1, 2022 | 9:41 am

Gem Diamonds finds 129-carat diamond in Lesotho

The high-quality white diamond is the first one over 100 carats mined this year.

Cecilia Jamasmie | May 24, 2022 | 6:33 am

Africa’s domestic mining sector not severely impacted by sanctions against Russia – report

The Economist Intelligence Unit says Russian mining activities in Sub‑Saharan Africa will be impacted by sanctions but without having a serious negative impact on domestic mining sectors.

Valentina Ruiz Leotaud | May 22, 2022 | 11:55 am

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Indonesian copper-gold company storms ranking of world’s 50 most valuable mining stocks

Anglo CEO says miners must make “tough decisions” to remain profitable

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