Cheaper diamonds fire life into the hidden world of gem trading

De Beers and Alrosa decided last week they saw enough signs of recovering demand and seized the opportunity, cutting some prices by almost 10%.

Bloomberg News | August 31, 2020 | 8:52 am

Nano-diamond battery that lasts for 28,000 years closer to becoming commercial product

US startup NDB announced that the proof of concept of its nano-diamond battery achieved a breakthrough 40% charge.

Valentina Ruiz Leotaud | August 30, 2020 | 6:15 pm

Alrosa follows De Beers with price cuts

Company also changed its billing system so buyers can’t tell which stones are discounted, or by how much.

Bloomberg News | August 27, 2020 | 8:38 am

RioZim expects demand bounce after virus turmoil

Zimbabwe’s second-largest diamond miner sees demand picking up.

Bloomberg News | August 26, 2020 | 8:22 am

Botswana says no guarantee on De Beers deal by end-2020

The deal is necessary for the Debswana Mining Company, jointly held by De Beers and the Botswana government, as it provides the country with around two-thirds of its foreign exchange.

Reuters | August 25, 2020 | 9:37 am

De Beers cuts diamond prices after covid-19 curbs demand

The world’s No. 1 producer is cutting prices for larger stones by almost 10% starting this week.

Bloomberg News | August 24, 2020 | 10:26 am

Gem Diamonds finds 442 carat rough at Letšeng mine

The type II withe diamond is one of the largest gem quality rocks recovered this year.

Cecilia Jamasmie | August 21, 2020 | 6:59 am

Young Diamantaires launch fundraiser for SA school

#morethanadiamond campaign aims to build a library and kitchen at Renaissance High School in Messina, South Africa.

MINING.com Editor | August 20, 2020 | 1:52 pm

Mountain Province looks to biggest shareholder for revenue, refinancing

After closing a C$50 million alternative diamond sale deal in June with Dunebridge Worldwide, company is proposing to double the value of the sales agreement to C$100 million.

Canadian Mining Journal Staff | August 19, 2020 | 11:17 am

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Russia says it may buy diamonds from sanctions-hit Alrosa

Petra Diamonds mulls sale of loss-making Koffiefontein mine

The diamond world is scrambling to keep buying Russian gems

Diamonds and caviar targeted in new UK sanctions on Russia

De Beers back to search for diamonds in Angola

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