Diamond Top Stories

Gemfields swings to profit after reopening mines

It posted a $23.8 million-net profit, which compares to a loss of $56.7 million in the same period last year.

Cecilia Jamasmie | September 23, 2021 | 9:04 am

DMCC appoints World Diamond Council traceability initiative ambassadors

The SoW applies every time a rough or polished diamond…

MINING.com Editor | September 22, 2021 | 1:35 pm

Massive uncut diamond unveiled in New York

The companies are billing the stone as the largest rough…

Reuters | September 20, 2021 | 3:47 pm

Alrosa tests CO2 capture potential by its ore

The initial phase of Alrosa's study showed that kimberlite ore…

Reuters | September 16, 2021 | 11:24 am

ALROSA unveils updated digital auction format

The technologies enable buyers to remotely analyze the key parameters…

MINING.com Editor | September 15, 2021 | 12:48 pm

Rio Tinto’s best earnings since 2011 clouded by virus risks

Company announced ordinary dividend of $6.2 billion in 2019 and total cash returns of $7.2 billion.

Reuters | February 26, 2020 | 9:33 am

Russia pushes to end partial ban on diamond exports from CAR

Current restrictions have increased the amount of diamonds sold illegally, generating profits for middlemen rather than local communities.

Cecilia Jamasmie | February 25, 2020 | 8:09 am

Firestone to delist, trim board on tough diamond market

The decisions seek to reduce costs and ride out the sector's lingering weakness.

Cecilia Jamasmie | February 25, 2020 | 5:09 am

Western Australia is world’s new top mining destination

No Canadian provinces made the top ten list this year.

Cecilia Jamasmie | February 25, 2020 | 2:10 am

Gemfields Mozambique’s ruby unit reports attack on workers

Attackers torched a vehicle, less than a month after 11 people died when parts of a mine pit collapsed.

Bloomberg News | February 24, 2020 | 9:28 am

Alrosa finds first large coloured diamond at new Yakutia mine

The 17-carat bright yellow gem-quality stone was unearthed at the Verkhne-Munskoye deposit.

Cecilia Jamasmie | February 21, 2020 | 6:53 am

De Beers posts lowest profit since end of diamond monopoly

Not since at least the early 2000s, when De Beers gave up its global monopoly on diamonds, has the company earned so little money.

Bloomberg News | February 20, 2020 | 10:43 am

Lucapa reveals positive results from Lulo diamond project

The first stream bulk samples excavated had resulted in the recovery of 45 diamonds weighing 30.3 ct.

MINING.COM Staff Writer | February 19, 2020 | 12:31 pm

Namibia expects economy to grow in 2020 driven by the mining sector

Diamond mining is the largest taxpayer in Namibia and generates 20% of the country's export earnings.

Reuters | February 19, 2020 | 10:13 am

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