Diamond Top Stories

De Beers boosts 2022 guidance despite drop in output

The miner expects to produce 32m-34m carats, up from 30m-33m carats thanks to what it calls “robust demand” from US customers.

Cecilia Jamasmie | July 21, 2022 | 7:54 am

Amorphous carbon may be useful for solar energy conversion

Researchers are using a new framework for understanding the electronic…

Staff Writer | July 20, 2022 | 5:05 am

Gemfields on alert as insurgent attacks creep closer to Montepuez

An incident took place on July 13, about 30 km…

Cecilia Jamasmie | July 20, 2022 | 3:51 am

Petra Diamonds annual revenue up 44% on US demand for gems

The company, which operates three mines in South Africa and…

Reuters | July 19, 2022 | 7:46 am

Gem Diamonds unearths 114-carat diamond at Letšeng

Diamonds larger than 100 carats recovered at the mine in…

Cecilia Jamasmie | July 19, 2022 | 6:17 am

Botswana president says mining sector to shrink by nearly a quarter in 2020

Diamond exports from the world's second-biggest producer dropped 42% in the first nine months.

Reuters | November 9, 2020 | 9:10 am

MINING.COM MINUTE: Biggest stories of the week

China to expand ban on Australian imports to copper; Rio Tinto closes Argyle diamond mine after 37 years; Tanzania finalizing permit for its first rare earth mine

MINING.com Editor | November 6, 2020 | 10:23 am

De Beers to close Damtshaa mine in Botswana

The miner produced 12.3 million carats in the first nine months of 2020, down 29% from the same period in 2019.

MINING.COM Staff Writer | November 6, 2020 | 8:32 am

Mountain Province sees ‘positive momentum’ in battered diamond market

Since resuming regular diamond tenders in September, Mountain Province Diamonds has seen prices for its goods start to rise.

Canadian Mining Journal Staff | November 5, 2020 | 11:57 am

Russia’s top gold buyer bets on precious metals as virus rages

VTB Capital became Russia’s biggest bullion buyer after the country’s central bank stopped purchasing the metal earlier this year.

Bloomberg News | November 5, 2020 | 8:31 am

Lucara strikes new cut and polish deal with Louis Vuitton

The luxury house will turn Lucara’s 549-carat Sethunya diamond into fine jewellery.

Cecilia Jamasmie | November 4, 2020 | 9:41 am

Angola to launch diamond exchange in Luanda in 2021

The government has identified key steps it needs to take before opening the planned diamond exchange by the end of next year.

Cecilia Jamasmie | November 4, 2020 | 4:12 am

Rio Tinto closes Argyle diamond mine after 37 years

The mine was the world's largest by volume and the main global source of high-quality pink diamonds.

Cecilia Jamasmie | November 3, 2020 | 3:50 am

Gem Diamonds back in the black on higher prices

Gem Diamonds reduced its net debt by $6.6 million in the July-September quarter, ending the period with $1.1 million in cash.

Cecilia Jamasmie | October 28, 2020 | 5:53 am

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