It will invest US$3 million to advance the prospects of women and girls by addressing key priority areas.
Diamond Mining News
President John Magufuli also directed the central bank to buy the precious stone to boost reserves — the latest twist in a spat with mining firms over alleged tax evasion.
Transaction gives the US-based buyer full ownership of Canada’s Ekati diamond mine and a 40% stake in Diavik, which is operated by Rio Tinto.
The operation would be second biggest diamond mine in Sierra Leone.
The International Institute of Diamond Grading & Research, part of De Beers Group, has established four new diamond grading partnerships with leading diamond jewellery retailers in Thailand, Vietnam and China.
Shares in the diamond miner fell for a second consecutive day after it warned that two of its South african mines had been affected by strikes.
Finding follows the recovery of five other diamonds of over 100 carats so far this year at the company's flagship Letšeng mine, in Lesotho.
Initiative seeks contributing to global efforts in preventing the use of child and forced labour in the mining supply chain, and to providing information needed to demonstrate the responsible sourcing of minerals and metals.
The Africa-focused diamond miner said that would likely happen unless it solves its issues with the government of Tanzania.
Draft bill gives government first option to buy unusually large diamonds found in the country's mines, such as the world's second-biggest 1,109 carat diamond discovered by Lucara two years ago.
He joined the company's board in September 2011 and was appointed chief financial officer in April 2013.
New research published today by De Beers Group in its latest Diamond Insight Report reveals that shifting relationship dynamics, women’s expanding roles in society and changing perceptions of femininity are creating new motivations for diamond jewellery acquisitions.
Rio Tinto’s iconic Argyle Pink Diamonds Tender is being showcased to connoisseurs and collectors from across Asia in Hong Kong.
The International Institute of Diamond Grading & Research has announced it is expanding its existing grading partnership with Soo Kee Group into China, following the launch of Soo Kee’s bridal specialist brand, Love & Co., in the country.
The International Institute of Diamond Grading & Research, a De Beers Group company, has announced that the industry’s first synthetic screening device for set jewellery,
International watchdog group Global Witness says political elites and security forces have controlled and secretly exploited Zimbabwe's diamond sector for over a decade.
The diamond miner also had to halt operations at its Williamson mine as several key employees are being questioned by local authorities.
A preliminary economic assessment (PEA) of the Ekati mine in Canada's Northwest Territories has the iconic diamond operation staying open seven more years.
President John Magufuli has asked for a review of a local contract belonging to Petra Diamonds and ordered senior officials to resign over the outcome of a probe into the diamond and tanzanite sector.
People can now try on different engagement rings from anywhere in the world using augmented reality
Moscow wants state-owned Alrosa to offer more favorable terms to local cutters
"We have seen the interest of clients from Asia Pacific," the company’s Vice President said
The world’s largest rough diamond producer by value reported provisional revenue of $505 million compared with $639 million in the same period a year earlier.
An independent audit will be conducted to make an overall assessment of all decisions and actions at the design, construction and operation stages of Mir underground mine.
Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution.