Diamond Mining News

Poland halts Nazi ‘gold train’ hunt sooner than expected

A new timetable for the search is expected to be unveiled on Friday, at a news conference called by the digging team.

Africa Dubai precious metals forum returns to Ghana in September 2016

DMCC to outline Dubai’s unique value proposition to miners highlighting a supply chain solution free of conflict minerals in collaboration with Ghana Chamber of Mines and Dubai Chamber of Commerce & Industry

ALROSA – official partner of the Eastern Economic Forum

PJSC ALROSA, the world leader in diamond mining, will participate in the Second Eastern Economic Forum on September 2-3, 2016, as its official partner.

Here's what Canada needs to regain leadership in mineral exploration and mining

Mineral and mining industry highlights top priorities at Energy and Mines Ministers’ Conference.

Stellar Diamonds to ink deal that would create Sierra Leone’s second largest mine

The diamond producer plans to combine its Tongo mine with Octea Mining’s adjacent Tonguma operation.

Rio Tinto walks away from India Bunder diamond project

The project, discovered in 2004, was expected to generate about 30,000 jobs and produce up to 3 million carats a year.

Past gold mining near Yellowknife severely hurt lakes, wildlife — report

More than 20,000 tonnes of toxic arsenic trioxide released from the now-shut Giant gold mine wiped out entire populations of algae and invertebrates from lakes nearby, study shows.

ALROSA joins the Responsible Jewellery Council

The Responsible Jewellery Council is an international not-for-profit organization, which focuses on enhancing consumer confidence in the jewellery industry and promoting of responsible business practices.

Nazi ‘gold train’ hunt in Poland is back on

About a year after two treasure hunters claimed to have found a Nazi train in Poland, laden with gold and gems, a team of 35 researchers has resumed digging for it.

Diamond giant Alrosa unearths 136.24-carat rock

Currently unnamed, the stone is one of the largest diamonds ever recovered at the Nyurbinskaya open-pit mine.

Anglo's top shareholder could reduce it to diamond-only miner

South Africa's state pension fund is pushing Anglo to spin off all its assets in the country, including the miner's coveted platinum mines.

Draft bill says list in Harare if you want to mine in Zimbabwe

None of the foreign-owned platinum miners operating in the world's number three producer of the precious metal is listed on the Zimbabwe Stock Exchange.

CHARTS: Maybe India can ignite new commodity supercycle

Rapid, large-scale urbanization will see India's top three cities rival the combined economies of Vietnam, Philippines and Malaysia.

Petra Diamonds finds massive 138-carat white rock at its Cullinan mine

The diamond will be offered for sale in Johannesburg later this month.

Diamond production down, sales volume up

According to the Zimnisky Global Rough Diamond Price Index, rough diamond prices have climbed 8.9% in the last 3 months.

Anton Siluanov to chair ALROSA's Supervisory Board

Anton Siluanov, Finance Minister of the Russian Federation has been reelected as the Chairman of the Supervisory Board of PJSC ALROSA, the world leader in diamond mining.

Why buyers shunned the world's largest diamond

The Lesedi diamond opened at $50 million and struggled from the start. Fifty-one million dollars, someone offered, and too long after that, $52 million. This was not the scenario that Lamb had imagined in his dreams.

Hatch congratulates De Beers and Mountain Province Diamonds on first diamonds at Gahcho Kué mine

Earlier this week, De Beers and Mountain Province Diamonds announced the Gahcho Kué processing plant has been commissioned and is producing first diamonds from the Canadian mine—the largest new mine currently under development in the world.

Diamond mining entrepreneur Robert Gannicott dies at 69

Robert Gannicott is remembered as one of the pioneers and champions of Canada’s diamond industry, which he helped shape for more than two decades.

Anglo American declines merger offer from Vedanta

Vedanta Resources’ chairman Anil Agarwal allegedly approached Anglo in several opportunities earlier this year to discuss potential tie-ups.

Anglo American narrows debt despite posting steep first-half loss

The miner said its turnaround plan was “on track” as it slashed debt and beat earnings forecasts in the first half of the year.

ARM and RJC strengthen collaboration to facilitate responsible jewellery supply chains

ARM and RJC share objectives to promote responsible precious metals supply chains, and will continue working together to ensure their standards and assurance models are mutually supportive.

Canada’s diamond staking rush favours early entrants

It’s the glittering lure of a possible multi-billion dollar diamond discovery that’s lighting up northern Saskatchewan.

China snaps up $4.5bn worth of overseas mining assets in just six months

Most of them have been after existing operations and companies, rather than trying to build mines from scratch.

Petra Diamonds results beat expectations on strong sales, production

Output rose 16% to 3.7 million carats, which puts Petra on track to hit its long term annual target of 5 million carats in 2018, a year earlier than planned.