Diamond Top Stories

Gem Diamonds unearths 129-carat stone at Letšeng mine in Lesotho

The diamond, recovered on August 23rd, is the 10th greater than 100 carat stone the company has recovered so far in 2024.

Staff Writer | August 28, 2024 | 11:29 am

De Beers partners with Tanishq to promote natural diamonds in India

India has surpassed China to become the world's second-largest diamond…

Reuters | August 28, 2024 | 7:11 am

Rio Tinto, Teck take steps to minimize Canada rail shutdown impact

Labor dispute at Canada's two biggest rail networks will affect…

Reuters | August 22, 2024 | 9:10 am

Gahcho Kué diamond mine life extended to 2031

On a 100% basis, the Gahcho Kué mine is expected…

Marilyn Scales - Canadian Mining Journal | August 22, 2024 | 8:26 am

Lucara finds world’s 2nd largest diamond ever mined

The “epic” diamond, as Lucara put it, was detected thanks…

Cecilia Jamasmie | August 22, 2024 | 4:03 am

Gahcho Kué diamond mine surpasses spend threshold with NWT and Indigenous businesses

The milestone represents 61% of the total C$3.2 billion spent on the project since 2015 when construction began.

Marilyn Scales - Canadian Mining Journal | June 26, 2024 | 11:11 am

De Beers sales drop to $315m amid search for new owner

Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year.

Cecilia Jamasmie | June 26, 2024 | 3:50 am

De Beers Canada JV partner says diamond miner in no rush to sell

The more than 100-year-old diamond miner is seeking options for its spin off from parent Anglo American at a time of depressed diamond prices.

Reuters | June 21, 2024 | 12:16 pm

Gemfields fetches almost $69 million at ruby auction

The auction marked the 10th anniversary of Gemfields’ first sale of rubies from the Montepuez mine in Mozambique.

Cecilia Jamasmie | June 19, 2024 | 5:36 am

Debswana reports fatality at its Jwaneng mine

The incident, which took place on Monday, involved a contractor.

Reuters | June 18, 2024 | 3:53 am

Gemfields picks ex-De Beers boss Bruce Cleaver as new chair

Bruce Cleaver, who was at the helm of De Beers for seven years to 2023, takes the position effective July 1.

Cecilia Jamasmie | June 11, 2024 | 3:53 am

Botswana in talks to raise stake in De Beers

President Mokgweetsi Masisi also said the government will play a central role in selecting a new investor to replace Anglo at De Beers.

Cecilia Jamasmie | June 10, 2024 | 5:43 am

Botswana may raise De Beers stake as Anglo weighs spin-off

The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply.

Reuters | June 6, 2024 | 7:13 am

Gemfields unveils early gold estimates for Mozambique project

Resource estimate for the Nairoto project suggests the presence of 103,000 ounces of gold averaging over two grams per tonne.

Cecilia Jamasmie | June 6, 2024 | 4:25 am

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