Diamond Top Stories

Lucara recovers sixth diamond larger than 1,000 carats at Karowe mine in Botswana

Last month, the miner unearthed the second-largest diamond ever found.

Staff Writer | September 16, 2024 | 8:33 am

Diamond finds could extend NWT’s Misery mine ‘well past 2026,’ Burgundy says

In July, the crew found a fancy yellow diamond about…

Blair McBride - The Northern Miner | September 11, 2024 | 9:32 am

Gem Diamonds finds 126.2-carat stone at Letšeng mine

The 126.21 carat Type II white diamond is the twelfth greater…

Staff Writer | September 11, 2024 | 3:28 am

Gem Diamonds finds 122-carat stone at Letšeng mine

The precious stone is the eleventh greater than 100-carat diamond…

Staff Writer | September 5, 2024 | 4:16 am

Botswana’s ODC seeks $300 million loans for diamond purchases

ODC currently gets 25% of its production from Debswana, a…

Reuters | August 29, 2024 | 9:36 am

Anglo’s sale of De Beers hindered by diamond market state

Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn.

Cecilia Jamasmie | July 18, 2024 | 4:33 am

Star Diamond acquires Buffalo Hills project in Alberta

Located approximately 400 kilometres northwest of Edmonton, the Buffalo Hills project includes 21 mineral leases covering 4,800 hectares.

Staff Writer | July 15, 2024 | 1:14 pm

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

Cecilia Jamasmie | July 9, 2024 | 4:03 am

Weak Chinese demand dents India’s diamond exports, industry seeks support

India's cut and polished diamond exports have been faltering due to weak demand from the key market, China.

Reuters | July 4, 2024 | 7:02 am

Gem Diamonds unearths 123-carat stone in Lesotho

This is the eighth stone over 100 carats found at the Letšeng mine in 2024.

Staff Writer | July 3, 2024 | 10:12 am

Rio Tinto completes largest off-grid solar plant build in Canada’s North

The solar project complements a wind power plant at Diavik, which has been operating since 2012.

Staff Writer | July 2, 2024 | 1:27 pm

Russian diamond producer Alrosa buys big gold deposit from Polyus

For the world's biggest diamond producer, the move marks a deeper push into gold.

Reuters | July 1, 2024 | 9:54 am

Botswana GDP shrinks most since 2020 as diamond output plunges

Real value added of the diamond traders and mining & quarrying industries were down 46.8% and 24.8% respectively.

Bloomberg News | June 28, 2024 | 9:35 am

Petra Diamonds cuts targets and costs in tough market

Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million.

Cecilia Jamasmie | June 27, 2024 | 3:49 am

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