Diamond News

Diamond mining and investment news

Russia's Alrosa output jumps 8%, but sees moderate growth this year

Cecilia Jamasmie | January 29, 2015
Russia's Alrosa output jumps 8%, but sees moderate growth this year

The miner also said it aims to increase sales by 1% percent in 2015, taking advantage of rising production and using offtake from its stock.

Here is how metal-eating bacteria may make asteroid mining profitable

Cecilia Jamasmie | January 29, 2015
Here is why metal-eating bacteria may make asteroid mining profitable

The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.

Mining M&A: Private equity can't run away fast enough

Frik Els | January 29, 2015
Mining M&A: Private equity can't run away fast enough

The smart money is waiting for fire sale prices before jumping into metals and mining. Or worse; has simply lost interest in the sector.

Anglo American set for commodity slump-triggered charge

Cecilia Jamasmie | January 28, 2015
Anglo American set for commodity slump-triggered charge

The firm became the first major mining company to openly accept the toll that slumping commodity prices are taking on the global industry.

Undisclosed number of diamonds stolen from South African mine

Cecilia Jamasmie | January 26, 2015
Undisclosed number of diamonds stolen from South African mine

Sixteen men, who failed to access a safe, broke into a room used for sorting diamonds near Prieska Monday morning.

Global mining sector ended 2014 on a disappointing note: report

Cecilia Jamasmie | January 21, 2015
Global mining sector ended 2014 on a disappointing note: report

December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.

China’s alleged intentions to mine Antarctica spark global debate

Cecilia Jamasmie | January 21, 2015
China’s alleged intentions to mine Antarctica spark global debate

New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.

Rio Tinto’s diamond output down 14% in 2014

Cecilia Jamasmie | January 20, 2015
Rio Tinto’s diamond output down 14% in 2014

The company pointed to the transition of its Argyle mine from open pit to underground, as well as a shift toward processing lower-grade ore at Diavik as the main reasons for the drop.

Kiran Gems Participates in Mumbai Marathon

Kiran Gems | January 19, 2015

Kiran Gems, the world’s largest manufacturer of diamonds, participated in the 12th Mumbai Marathon on Sunday, January 15, 2015. The top brass of the organization, namely Mavji Patel, the managing director, Dinesh Lakhani and Rajesh Lakhani, both directors, along with 15 other employees came out in support of humanity and participated in this event.

Dubai Diamond Exchange to Host a Second Conference

Dubai Diamond Exchange (DDE) | January 19, 2015

The two-day conference will bring together international leaders of the diamond industry, ranging from African ministers to traders, financiers and world-renowned jewelers.

Five ways to spot a fake diamond

Business Insider | January 19, 2015

One of the most common questions that gemologists are asked is how to tell the difference between a real diamond and a fake stone.

Vancouver Investment Conference celebrates 20 years

Michael Allan McCrae | January 19, 2015
jay martin cambridge house president 20 year anniversary

The first conference was named the "Diamond Investment Conference."

Millennials spurring online diamond sales growth

Diamond News | January 17, 2015

According to Oded Edelman, the co-founder and CEO of R2Net, a company that has created an ecommerce platform dedicated to diamond jewelry.

These are the top 10 global mining trends for 2015

Cecilia Jamasmie | January 15, 2015
These are the top 10 global mining trends for 2015

Price volatility, geopolitical turmoil, rising costs, declining grades and a general lack of financing will make of 2015 another challenging year for the sector.

Rio Tinto to spend at least $500 million to advance diamond project in India

Cecilia Jamasmie | January 12, 2015
Rio Tinto to spend at least $500 million to advance diamond project in India

The Bunder project will be one of the only four diamond mines to be operational over the next decade.

Stellar Diamonds postpones first Baoulé diamond sale to late January

Diamond World | January 7, 2015
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Stellar Diamonds, a junior diamond explorer and developer, announced that it had delayed its first sale of diamonds recovered from its Baoulé project in Guinea to later this month.

Most Canadian resource firms to grow their business in 2015: survey

Cecilia Jamasmie | January 6, 2015
Most Canadian resource firms to grow their business in 2015: survey

But only 34% plans to hire full-time employees and a further 20% is actually considering job cuts.

Frank Holmes - U.S. Global Investors

Epic price reversal for commodities in 2014

Investors pile back into gold stocks, Goldcorp up $2bn in a week

Whereas total returns for the S&P 500 Index and 10-Year Treasury bond stayed relatively stable throughout the year, commodities and the U.S. dollar both made an incredible about-face starting around late June, early July.

The top mining mergers and acquisitions of 2014

Cecilia Jamasmie | December 29, 2014
The top mining mergers and acquisitions of 2014

The deals that were and those that failed. Here is MINING.com’s shortlist.

Ladies (and gentlemen) prefer coloured diamonds

Cecilia Jamasmie | December 24, 2014
Ladies (and gentlemen) prefer coloured diamonds

The market for coloured gemstones is on fire, with pink diamonds, rubies and sapphires achieving record prices. This infographic sheds some light on the situation.

Apple ‘deeply offended’ by BBC documentary on its suppliers exploiting children

Cecilia Jamasmie | December 19, 2014
Apple ‘deeply offended’ by BBC documentary on its suppliers exploiting children

The investigative reporting piece exposed extremely poor working conditions in factories making Apple products in China and Indonesia.

Russian miners find rock containing 30,000 diamonds

Cecilia Jamasmie | December 18, 2014
Russian miners finds rock containing 30,000 diamonds

Unearthed at Alrosa's Udachnaya diamond mine, it was later donated for study as the diamonds it contained were pretty much worthless as gems.

PDE and CIBJO agree to develop programs to promote Corporate Social Responsibility in Latin American jewelry sector

Panama Diamond Exchange | December 18, 2014
2PDE

The Panama Diamond Exchange and CIBJO, the World Jewellery Confederation, have agreed to join forces in providing educational programs for the gemstone and jewelry sectors in Latin America, instilling the principles of Corporate Social Responsibility.

Lucapa Diamond to begin mining at its Lulo project in Angola

Cecilia Jamasmie | December 18, 2014
Lucapa Diamond to begin mining at its Lulo project in Angola

In a first phase the miner plans to target high-grade diamond ore bodies, meeting a target of 14,000 bank cubic metres (bcm) per month.

Grown Diamonds Offer an Eco-friendly Diamond Alternate, Finds Frost & Sullivan

Frost & Sullivan | December 16, 2014

Environmental impact remains a challenge for diamond industry; grown diamonds represent a long term solution

Deep-sea mining pioneer now hunts for resources in space

Cecilia Jamasmie | December 16, 2014
Deep-sea mining pioneer now hunts for resources in space

Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals has joined the board of Deep Space Industries.

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