Diamond News

Diamond mining and investment news

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.

INFOGRAPHIC: How to ensure your diamond is conflict free

MINING.com Editor | December 16, 2014
INFOGRAPHIC: How to ensure your diamond is conflict free

Jeff Gear, the owner of Gear Jewellers Dublin, submitted this infographic that explores the realities of the blood diamond industry.

Fourteen of the world's largest diamond companies moving into new Panama Gem & Jewelry Center

Panama Diamond Exchange | December 15, 2014
PDE2

The Panama Gem & Jewelry Center is the largest and most ambitious development project ever undertaken on behalf of the jewelry and gemstone trades in Latin America.

Gemfields acquires additional ruby licenses

Newswire | December 15, 2014

Gemfields Plc has completed the acquisition of two additional licenses for ruby deposits in Mozambique.

Alrosa strenghtens ties with India

ALROSA | December 11, 2014

Russian diamond giant ALROSA and Indian Gem&Jewellery Export Promotion Council (GJEPC) co-organized the World Diamond Conference in New Dehli, India.

Move over Alrosa, Rio Tinto wants to drive growth in India’s diamond sector

Cecilia Jamasmie | December 11, 2014
Move over Alrosa, Rio Tinto wants to drive growth in India’s diamond sector

The miner hinted its 30-year partnership with the Indian diamond industry makes it the best fit to drive the sector’s growth in the country.

Diamond demand, prices set to soar in next decade

Cecilia Jamasmie | December 9, 2014
Diamond demand, prices set to soar in next decade

Financing and marketing are two of the key challenges the industry will have face when trying to keep the global diamond market growing.

Diamonds thrill again in Saskatchewan

Russia’s Alrosa to export 36 million carats of diamonds in 2014

The decade to come will be the years of the diamond.

Putin seeks to boost Russian diamond trade through India

Cecilia Jamasmie | December 5, 2014
Putin seeks to boost Russian diamond trade through India

The Russian leader is expected to ink a long-sought deal with India during his visit to the country next week.

Argyle champagne diamond raises money for Women in Mining internship

Rio Tinto | December 4, 2014

A champagne diamond from Rio Tinto’s Argyle Diamond Mine has been used to raise funds to sponsor a female mining intern from London’s Imperial College.

Rio Tinto cuts spending, defers capex, keeps dividend

Cecilia Jamasmie | November 28, 2014
Rio Tinto cuts spending, defers capex, keeps dividend

The mining giant said it was committed to giving significantly more money back to shareholders in 2015 despite a severe drop in iron ore prices.

Rio Tinto sets $350m aside to expand Canada’s Diavik diamond mine

Cecilia Jamasmie | November 27, 2014
Rio Tinto sets $350m aside to expand Canada’s Diavik diamond mine

The investment will allow for a fourth pipe to be developed at the site, with production expected to start by 2018.

Lucapa Diamond soars on 35-year mining licence for Lulo

Cecilia Jamasmie | November 26, 2014
Lucapa Diamond soars on 35-year mining licence for Lulo

The project could prove to be more valuable than the country’s biggest gem producer, Catoca,

Argyle Diamond Mine celebrates 10 year anniversary of landmark Participation Agreement

Rio Tinto | November 21, 2014

The Argyle Participation Agreement remains one of the most comprehensive agreements ever made in Australia between a resource company and Traditional Owners.

EGL Asia and China's NGGC renew exclusive agreement, agree to further efforts on identification of synthetic diamonds

EGL Asia Ltd. | November 19, 2014
EGL2

The Hong Kong-headquartered EGL Asia and NGGC, the state-owned, leading Chinese diamond grading laboratory, signed an agreement which renews and prolongs the close cooperation between the two institutions.

A Russian miner, a good camera, the arctic tundra: here’s the result

Cecilia Jamasmie | November 19, 2014
A Russian miner, a good camera, the arctic tundra: here’s the result

Ivan Kislov is a young Russian mining engineer who spends his breaks taking breath-taking photographs of wild animals, mostly foxes, in the arctic tundra.

Blood diamonds still at Central African mining sector’s heart

Cecilia Jamasmie | November 18, 2014
Blood diamonds still at Central Africa mining sector’s heart

A year after an export ban on raw gems in the country, reports show its diamonds are being sold to traders from Sudan to Belgium.

German scientist makes diamonds from peanut butter

Cecilia Jamasmie | November 17, 2014
German scientist makes diamonds from peanut butter

It’s probably one of the first cases ever reported where the tasty spread has been used to produce synthetic gems.

Mothballed Jericho diamond mine floats in legal limbo

Nunatsiaq News | November 17, 2014
Owners of Nunavut's first and only diamond mine nowhere to be found

The fate of Canada's Jericho diamond mine —declared by Ottawa to be “closed or abandoned” in January 2014— seems no clearer today than it was a year ago.

Canadian miners performance down 15% in Q3 on falling metal prices

Cecilia Jamasmie | November 13, 2014
Canadian miners performance down 15% in Q3 on falling metal prices

Decline was in line with S&P/TSX Composite index, which also plummeted 15% during the quarter.

CHART: Mining capital crisis continues

Frik Els | November 12, 2014
CHART: Mining capital crisis continues

To keep the lights on 30% of juniors need to raise money within six months, 59% within a year new survey shows.

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