Diamond News

Diamond mining and investment news

Extremely rare mineral found in 1.2-billion-year-old meteorite impact in Scotland

Cecilia Jamasmie | September 1, 2015
Extremely rare mineral found in 1.2-billion-year-old meteorite impact in Scotland

The finding is more than double the age of the previous oldest known occurrence of reidite, believed to have formed about 450 million years ago.

How to buy an ethical diamond

Time | August 31, 2015

The diamond industry is still tainted by conflict, but it's possible to buy a jewel that helps people—instead of hurting them.

Spanish police arrest American-Belgian man on ‘blood diamond’ charges

Cecilia Jamasmie | August 31, 2015
Spanish police arrest American-Belgian man on ‘blood diamond’ charges

The 64-year-old American-Belgian citizen has become the first businessman ever arrested for suspected involvement in the illegal trade of “blood” diamonds.

Power shortages, cost cuts to hit Congo’s copper output

Cecilia Jamasmie | August 28, 2015
Power shortages, cost cuts to hit Congo’s copper output

With the only exception of gold, production numbers for most other commodities mined in the Central African nation are also expected to decline this year.

Alrosa Releases Social and Environmental Report for 2014

ALROSA | August 27, 2015

The Report is to inform a wider audience about ALROSA's major contribution to three areas of sustainable development: economy, environment and social systems.

Canadian diamond cutter to work on Esperanza gemstone

The Star Phoenix | August 27, 2015

A Saskatchewan craftsman is preparing to cut "Esperanza," one of the finest diamonds ever unearthed in Arkansas.

Jim Rogers: Commodity bull market hasn't gone away

Frik Els | August 26, 2015
Jim Rogers: Commodity bull market hasn't gone away

Commodity investing legend says the Chinese market is on its way to "finding a good bottom."

How companies can avoid human trafficking in their supply chain

Assent Compliance | August 25, 2015

When companies have thousands or tens of thousands of suppliers how do they stay compliant while maintaining their profit margins? Avoid what happened to Costco in five steps.

Canada, Australia, US, Chile and Mexico, the top destinations for mining investors

Cecilia Jamasmie | August 25, 2015
Canada, Australia, US, Chile and Mexico, the top destinations for mining investors

Despite current adverse conditions, advisory firm Behre Dolbear is recommending mining stakeholders to focus on markets that have been able to ride the wave relatively well so far.

Frik Els

Mining private equity is being fundamentally transformed

Frik Els | August 23, 2015
Mining private equity is being fundamentally transformed

Appian Capital founder Michael Scherb: "You're now seeing the same changes in mining that happened in oil and gas which is now heavily supported by PE"

Alrosa subsidiary company will supply the equipment for MMC Norilsk Nickel

ALROSA | August 21, 2015

Bourevestnik, Inc. has won the tender of OJSC MMC Norilsk Nickel for the supply of 5 X-ray slurry analyzers for Talnah concentrating mill.

New variety of hard-to-find mineral discovered in England

Cecilia Jamasmie | August 21, 2015
New variety of almost extinct mineral found in England

The last time a vein of Blue John Stone, a legendary semi-precious mineral, was discovered was in the in the XIX century.

Small, ancient diamonds reveal seawater key for precious gems formation

Cecilia Jamasmie | August 21, 2015
Small, ancient diamonds reveal seawater key for precious gems formation

Scientists from Canada, the U.S. and the U.K believe ancient sea water helped to the formation of diamonds hundreds of kilometres underground.

Lucara’s on a roll: three new diamonds recovered at Botswana mine

Cecilia Jamasmie | August 18, 2015
Lucara’s on a roll: three new unique diamonds recovered at Botswana mine

Since the recovery of the first large diamond from Karowe in 2013, the firm has found 216 gems at the site.

Yuan dips, diamond demand rises

CNTV.cn | August 17, 2015
Yuan dips, diamond rises

At the end of last year, China became the world’s second largest diamond consuming market. More Chinese people not only buy diamonds as a luxury, but also hold them as an investment.

World's largest diamond cutting and polishing centre halted by rally

IndiaTimes | August 17, 2015

The Indian diamond unit came to a grinding halt as manufacturers and workers participated in the Patidar rally demanding reservation under OBC (other backward communities) quota.

Antarctica may hold the key to regulating mining in space

io9.com | August 10, 2015
It’s getting warm in Antarctica, but mining still a pipe dream

As we turn our eyes to the skies, we should also look south to gain some insight into governance matters in outer space.

Zimbabwe platinum export tax shelved for now

Cecilia Jamasmie | August 10, 2015
Zimbabwe platinum export tax shelved for now

The country had introduced the levy on raw platinum exports in January, aiming to encourage local processing of the metal.

World's best opal to be displayed at SA museum

Michael Allan McCrae | August 6, 2015
virgin rainbow opal

Valued at more than $1 million.

Marange: Consolidation not the answer

Nehanda Radio | August 4, 2015

Surely, its time to go back to sanity, pick up the idea mooted first by ACR and form a joint venture with De Beers and then join in with Botswana in a joint marketing and processing venture which will dominate world diamond trade for many years to come.

Gwen Preston - Resource Maven

It’s not the end of the world

As the media bashes gold and Shanghai crashes again, it's easy to get despondent.

Privacy implications of the extractive sector transparency measures act

Dentons Canada LLP | July 30, 2015

Analysing the privacy impact of legislation, and the legitimacy of that impact, requires first to focus on the objective and scope of that legislation.

Alrosa’s biggest diamond mine goes underground

Cecilia Jamasmie | July 27, 2015
Alrosa’s biggest diamond mine goes underground

The company has officially shifted operations at its flagship Udachnaya mine from open-pit to underground mining.

Caterpillar CEO says more restructurings are likely

Michael Allan McCrae | July 24, 2015
caterpillar restructings are like q2 doug oberhelman

Strong greenback is another drag.

Anglo American to axe 53,000 jobs, put 15 assets up for sale

Cecilia Jamasmie | July 24, 2015
Anglo American to axe 53,000 jobs, put 15 assets up for sale

“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.”

Gemfields Mozambique mine to yield rubies for over 20 years

Cecilia Jamasmie | July 22, 2015
Gemfields Mozambique mine to yield rubies for over 20 years

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.

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