Diamond Top Stories

Diamond miners’ results spark optimism for market recovery

Lucapa and Petra provided a glimmer of hope for the diamond market with stronger revenues and production figures.

Cecilia Jamasmie | October 22, 2024 | 6:03 am

How resource ‘classification debt’ chips away at miners’ growth and investor trust

Over the past decade, resource misclassification has saddled the mining…

Henry Lazenby - The Northern Miner | October 18, 2024 | 2:00 pm

Russia’s finance ministry considering new diamond purchases from Alrosa in 2025

The news was reported by Russia's Interfax news agency.

Reuters | October 18, 2024 | 11:12 am

De Beers, Signet launch campaign to attract youth to mined diamonds amid lab-grown rise

It targets Zillennials, the microgeneration born between 1993 and 1998,…

Cecilia Jamasmie | October 16, 2024 | 5:37 am

Lucara sells off Clara diamond sales platform

The total consideration is $3 million on closing and the…

Staff Writer | October 7, 2024 | 10:13 am

Winsome buys more time to assess Renard deal

Winsome plans to repurpose the existing infrastructure for lithium processing to handle ore from its nearby Adina project.

Northern Miner Staff | August 2, 2024 | 11:03 am

Diamond sales at Debswana fall 49.2% as market downturn continues

In the first half of the year, Debswana sold diamonds worth $1.29 billion compared to $2.54 billion registered in the same period last year.

Reuters | August 1, 2024 | 6:43 am

Lucapa recovers 176-carat diamond at Lulo mine in Angola

The diamond is the 45th +100 carat stone to be recovered from Lulo and the eighth largest since alluvial operations began in 2015.

Staff Writer | July 29, 2024 | 10:59 am

Gemfields auction revenue down amid market softening

Revenue from auctions was down 17% to $121 million for the first six months of 2024, from $145 million a year earlier.

Staff Writer | July 26, 2024 | 7:46 am

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

Cecilia Jamasmie | July 25, 2024 | 3:46 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

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Diamond miners’ results spark optimism for market recovery

How resource ‘classification debt’ chips away at miners’ growth and investor trust

Russia’s finance ministry considering new diamond purchases from Alrosa in 2025

De Beers, Signet launch campaign to attract youth to mined diamonds amid lab-grown rise

Lucara sells off Clara diamond sales platform

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Winsome buys more time to assess Renard deal

Diamond sales at Debswana fall 49.2% as market downturn continues

Lucapa recovers 176-carat diamond at Lulo mine in Angola

Gemfields auction revenue down amid market softening

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Star Diamond boosts resource estimate for Orion South project in Saskatchewan

Botswana touts 24% stake in new mining companies for citizens

Anglo American shrinks trading unit as part of major restructuring

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