The company has officially shifted operations at its flagship Udachnaya mine from open-pit to underground mining.
Analysing the privacy impact of legislation, and the legitimacy of that impact, requires first to focus on the objective and scope of that legislation.
“It is a pretty tough market,” said Chief Executive Mark Cutifani, “and in all likelihood the next six months are going to be even tougher.”
An independent report has confirmed the Montepuez mine holds the largest deposit of rubies in the world, with projected output of 432 million carats over 21 years.
The Russian company, hit by a sustained slowdown in the diamond market, said its rough diamond have declined by 6% in the first six months of the year.
Federal Natural Resources Minister, Greg Rickford, argues that the federal government is taking the right steps through new legislation.
Industry highlights top priorities at the Energy and Mines Ministers’ Conference
The star of the show was a 341.9 carat diamond —unveiled in April —, which sold for $20.55 million
Don't hold your breath kid. It’s bleak out there and we have a 10-year super commodity bull to work off this time.
We lost nearly everyone on that journey which began so optimistically—and naively.
In the five years since the Dodd-Frank Act passed, oil produced in developing countries was worth an estimated $1.55 trillion for those governments. But because the landmark US transparency law remains delayed, any payments that flowed to governments took place with limited or no transparency.
In the past year, they've lost 9.4% of their value, the recently launched Zimnisky Global Rough Diamond Price Index shows.
Getting — and keeping — a social license to operate, as well as resource nationalism, remain among the top five business risks for the industry.
Botswana's government launched a bidding process on Tuesday to construct solar power plants near its huge Jwaneng diamond mine.
The sparkly, white diamond half the size of a quarter is the fifth largest found since the park was established in 1972.
If you’ve ever been to a diamond investment pitch you’ve probably seen ‘The Chart,’ the one where diamond demand soars, while supply trails forlornly in its wake.
Kimberley Diamonds is shifting focus to the Lerala mine in Bostwana, which will be its key source of revenue.
Conflict mining remains an important issue, and one we are beginning to see governments step in to address in different ways.
Negotiations between the parties, still at an early stage, are said to have generated solid interest from both sides.
The miner is spending $1.3 million in exploration work aimed to reopen a historic tin-indium mine in Nova Scotia.
Sunday's fiasco was the third major failure for America's commercial space industry in less than a year.
Rio Tinto’s spectacular Argyle Pink Diamonds Tender has been launched during a world exclusive preview at the Sydney Opera House, with this year’s iconic collection including some of the most vivid pink and red diamonds ever unearthed from the Argyle mine.
The miner, which does not yet generates any income, expects to kick-off production at its Lemphane and Mothae mines later this year.
The company, however, said it remained committed to the diamond industry.
Bear market is more than 1,000 days old and nearly 1,200 companies have dropped off the Toronto venture market.
Adverse weather conditions and the need to shift more earth than previously anticipated have also added $13 million to overall costs.
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