Lucara says diamond market “healthiest” in yearsThe miner anticipates producing up to 340,000 carats in 2022, with sales generating revenues of between $185 and $215 million.Cecilia Jamasmie | November 24, 2021 | 6:58 am
India factory closures weigh on De Beers diamond revenuesDe beers diamond sales expected on the back foot heading…Henry Lazenby | November 24, 2021 | 4:00 am
Rio Tinto now the sole owner of Diavik diamond mineRio has acquired the 40% share held by partner Dominion…Cecilia Jamasmie | November 18, 2021 | 5:46 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
Retail margins could be boosting man-made diamond sales Despite the growth in the availability, it is estimated that still only 1 in 5 diamond retailers in the U.S. carry man-made diamonds. Paul Zimnisky | February 18, 2020 | 11:01 am