Diamond Mining News

World’s largest diamond found in 100 years goes under the hammer

CEO of Lucara Diamond, the company that found it, is urging the potential buyer to leave it untouched.

Dominion shares tank as fire shuts Ekati plant

Dominion Diamond still assessing damage from small fire that halted processing operations at its Canadian diamond mine last week.

Copper stocks deep into red as gold miners surge

Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.

Gemfields Unveils: Ruby Inspired Stories

Gemfields is proud to unveil ‘Ruby Inspired Stories’, a triptych of films featuring up-and-coming global female talent, each exploring the hidden meaning behind these captivating gemstones.

Second Latin American Diamond and Jewelry Week opens at the World Jewelry Hub in Panama City

The Second Latin American Diamond and Jewelry Week opened yesterday at the World Jewelry Hub in Panama City, in the presence of government and industry leaders, as well as buyers and suppliers of jewelry, diamonds and colored gemstones from more than 20 countries in Latin America and around the world.

The world's 50 most valuable mining companies

Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.

Rio Tinto may be planning a $9bn spinoff a la BHP

Rumours follow Rio's decision to group its least loved units — coal, uranium salt, borates and its Iron Ore Co. of Canada — under a new umbrella branded as the “energy and minerals” business.

Petra finds another massive diamond at its Cullinan mine

The 121.26-carat white rock is a Type II diamond "of exceptional colour and clarity," according to Petra.

Rio Tinto to boot iron ore chief in fresh management shake-up

Andrew Harding, once tipped as the most likely person to take the company’s reins, is being replaced by Chris Salisbury, currently leading the copper and coal division.

Alrosa unearths 241.21-carat diamond, one of largest ever found in Russia

The rock was found at its Nyurbinsky open-pit mine, in operations since 2001.

ALROSA prepares vehicles for the development of Verkhne-Munskoe deposit

PJSC ALROSA, the world leader in diamond mining, has announced that new motor vehicles were accepted into service in the run-up to the development of Verkhne-Munskoe deposit.

These are the world's 40 biggest mining companies

A lithium miner joins top ranks of listed mining firms for the first time as the price of the battery ingredient skyrockets.

World’s largest diamond found in 100 years could fetch over $70M

The three-billion-year-old diamond the size of a tennis ball was found by Canada's Lucara Diamond last year.

CHART: Metals, mining stocks outperforming all others

Gold is up more than 20% in 2016 but gold mining equities have doubled and the sector as a whole has returned 53%.

The Government of Guinea authorizes formation of the Diamond and Gold Bourse of Guinea (DGBG) in joint venture with Canadians

Mr. Saramady Touré, the Guinean Ambassador to Canada, has announced the signing of a government decree by President Professor Alpha Conde, President of the Republic of Guinea for the establishment of the Diamond and Gold Bourse of Guinea Group (DGBG).

Massive Cullinan Dream blue diamond fetches over $25m at auction

Price tag makes it the most expensive fancy intense blue diamond ever sold at auction.

ALROSA starts the development of a new deposit

ALROSA has announced the start of the development of a new deposit, Zarya pipe at Aikhal Mining and Processing Division.

Chinese miners eye Glencore’s Kazakh gold operation

Zhongjin Gold Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. said to be among potential bidders.

Australia recovers lost ground, named world’s top mining investment destination

Canada slipped in the Fraser Institute’s global ranking, while Chile remains the most attractive jurisdiction in Latin America.

Study of private investors shows how risky mining can be

For private capital mining and metals is the riskiest natural resources sector – but only energy beats the returns.

Rare Argyle pink diamond jewellery exhibition sparkles in Copenhagen

Rio Tinto’s Argyle Pink Diamonds has partnered with premier Danish luxury jeweller Hartmann’s to showcase the finest in beauty and design from Australia and Denmark.

Afghanistan deploys security forces in large illegal mining crackdown

The country lost at least $27.5 million in revenue from lapis lazuli between 2014 and 2015. In contrast, armed groups earned about $20 million just in 2014.

2016 metals, mining outlook darkens

World Bank revises down growth rate for commodity exporting countries to just 0.4%, predicts 15% decline in metal prices this year.

Top miners squandered $200 billion during boom

Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.

Argyle Pink Diamonds Tender world exclusive preview in Copenhagen

The 2016 Argyle Pink Diamonds Tender includes 63 pink, red and violet diamonds and represents the finest of a year’s production from Rio Tinto’s Argyle diamond mine in Western Australia.