Diamond Top Stories

Alrosa adjusts sales schedule to ease supply shortage

The move will allow buyers to get their hands on rough diamonds sooner than planned, helping ease current undersupply.

Cecilia Jamasmie | February 9, 2022 | 8:32 am

Zimbabwe makes U-turn on mining royalties to halt currency slide

The Zimbabwean dollar has weakened 6.8% this year to 116.65…

Bloomberg News | February 4, 2022 | 8:04 am

Vast Resources pulls out of deal to buy Botswana’s Ghaghoo diamond mine

Ghaghoo was estimated in 2014 to have a resource of…

Reuters | February 1, 2022 | 7:41 am

Rio Tinto report reveals culture of sexual harassment, bullying and racism

Eight-month independent review of the miner’s workplace culture found disturbing,…

Cecilia Jamasmie | February 1, 2022 | 3:37 am

Debswana annual diamond sales jump 64%

The total value of Debswana's diamond exports stood at $3.466…

Reuters | January 31, 2022 | 7:26 am

De Beers boosts output by 5.8% in Namibia

Namdeb, a joint venture between the Namibian government and De Beers, produced 511,000 carats in the first quarter.

Reuters | April 27, 2020 | 7:25 am

Diamonds need some new best friends

Nearly seven decades after Marilyn Monroe’s immortal song, it's time for a new myth.

Bloomberg Opinion | April 24, 2020 | 10:03 am

Gem Diamonds to restart Letšeng mine

Lesotho diamond mine will reopen on April 27, following a phased ramp-up plan and in compliance with protocols for preventing the spread of covid-19.

Cecilia Jamasmie | April 24, 2020 | 6:18 am

De Beers axes production forecast amid market collapse

As many other diamond miners, De Beers is trying to weather a shutdown of the global supply chain.

Cecilia Jamasmie | April 23, 2020 | 3:20 am

Anglo American to cut capex, costs due to coronavirus impact

Anglo's exposure to South Africa, which accounts for about half of its profits, has forced the company to cut spending and reduce costs.

Reuters | April 23, 2020 | 3:15 am

Venezuela allows gold mining in river basins

A new resolution was approved almost in secrecy. The parliament rejects it.

Valentina Ruiz Leotaud | April 22, 2020 | 6:30 am

Petra moves towards $650 million debt restructuring

The company announced in February it was looking at strategic options in relation to its debt due in 2022.

Reuters | April 22, 2020 | 4:00 am

Emissions to drop 6% this year due to pandemic

The World Meteorological Organization says the forecast comes as covid-19 has brought transportation and industrial energy production to a near halt.

Cecilia Jamasmie | April 22, 2020 | 3:43 am

Anglo American board donates portion of pay to covid-19 fight

Anglo American has already donated $25 million to covid-19 causes.

MINING.COM Staff Writer | April 20, 2020 | 11:33 am

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