Diamond Top Stories

Secretive world of diamonds is in the grips of a buying frenzy

It takes about three months to cut, polish and sell a diamond, so stones bought cheaply at the start of the year are now being sold for a big profit.

Bloomberg News | June 9, 2021 | 7:55 am

Lucara digs up 470-carat diamond at Karowe

The top light brown "cleavage" diamond measures 49x42x26mm and is…

Cecilia Jamasmie | June 8, 2021 | 6:58 am

Russia weighs selling more diamond stocks to tap global demand

The government is preparing a decree to increase planned sales…

Bloomberg News | June 7, 2021 | 5:11 pm

RMI unveils set of rules to help miners fulfill ESG expectations

Companies are feeling increased pressure from shareholders and institutional investors…

Cecilia Jamasmie | June 3, 2021 | 7:09 am

State diamond miner in Zimbabwe sees output rising 30% this year

Zimbabwe Consolidated Diamond Co.’s mines produced 2.3 million carats worth…

Bloomberg News | June 2, 2021 | 8:00 am

Alrosa finds Matryoshka-style stone, the first in diamond mining history

According to scientists, the diamond may be over 800 million years old.

MINING.com Editor | October 4, 2019 | 10:32 am

Central African Republic diamond houses obliged to export $3m per quarter

The Central African Republic launched a full overhaul of the country’s alluvial diamond mining sector.

MINING.COM Staff Writer | October 4, 2019 | 6:15 am

Zimbabwe accuses US of lying about diamond-mining forced labour

Zimbabwe, suffering its worst economic crisis since 2008, is desperate to end sanctions imposed by the U.S. and the European Union on politicians and state companies.

Bloomberg News | October 4, 2019 | 5:05 am

Gem Diamonds mining lease for Letšeng renewed for 10 years

Royalty payable for the diamonds sold was increased to 10% from 8%.

Cecilia Jamasmie | October 4, 2019 | 4:37 am

Diamond crisis deepens as De Beers reports plunging sales

RBC Capital Markets expects profit will fall by about 40% this year at De Beers.

Bloomberg News | October 3, 2019 | 9:14 am

Rise of ethical investing, social license the top risks to miners

The mining and metals sector is facing greater scrutiny from end consumers, demanding a transparent, ethical supply chain.

Cecilia Jamasmie | October 2, 2019 | 9:13 am

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Secretive world of diamonds is in the grips of a buying frenzy

Lucara digs up 470-carat diamond at Karowe

Russia weighs selling more diamond stocks to tap global demand

RMI unveils set of rules to help miners fulfill ESG expectations

State diamond miner in Zimbabwe sees output rising 30% this year

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Alrosa finds Matryoshka-style stone, the first in diamond mining history

Central African Republic diamond houses obliged to export $3m per quarter

Zimbabwe accuses US of lying about diamond-mining forced labour

Gem Diamonds mining lease for Letšeng renewed for 10 years

Diamond crisis deepens as De Beers reports plunging sales

Rise of ethical investing, social license the top risks to miners

Zimbabwe rejects US claim that diamond mine uses forced labour

De Beers keeps special terms in place for another diamond sale

Rio Tinto sees rosy future for diamonds despite end of Argyle