In an alliance with International Mining and Dredging Holdings, the Canadian miner ran a bulk sampling program whose results "were extremely encouraging."
Diamond Mining News
With global diamond demand forecast to grow at approx 3.5% annually over next five years, a supply gap down the line seems inevitable if forecasts hold.
Award recognizes emerging jewellery designers in Botswana, Namibia and South Africa and provides them with a valuable platform to build their careers in the jewellery design industry.
A diamond necklace owned by the late actress Zsa Zsa Gabor is expected to sell for between $1.2 and $1.5 million at auction.
Mounted in a diamond and emerald necklace, the white, matchbox-size rock was acquired by an unidentified buyer.
It's the eighth diamond of over 100 carats recovered this year, and the seventh in just 2.5 years of commercial mining.
The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.
New reports highlighting the environmental dangers posed by mineral exploitation at the Mining Arch have emerged, as Venezuelan officials try to convince Alrosa to invest in the project.
Another huge diamond has been released from the Earth's clutches following an astounding discovery in the West African country earlier this year.
Company sold 58 rare pink, red and violet diamonds, a collection know as "Custodions of Rare Beauty."
The large rough, gem-quality stones range from 82 to 163 carats.
Indian diamonds are known for their quality, particularly those from the ancient Golconda mines, famous for producing a rare kind of extremely clear gem.
Alrosa took stock of the international auction for special-size rough diamonds weighing 10.8 carats and more, held on the territory of the Eurasian Diamond Centre (The EDC) in Vladivostok.
Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole.
Results of a preliminary economic assessment have revealed the potential for the development of an underground mine at the company's mine in Botswana.
The country's mining sector is emerging from years of contraction and the impact of recent severe drought eases, the finance minister said on Thursday.
Firm has determined it's not economically viable to extend the life of the diamond mine, which can only be accessed by air year round, or by a winter road for five or six weeks in January and February.
The company has found six diamonds larger than 100 carats in the first nine months of the year, compared with just four throughout 2016.
Fura Gems aims to resume production at the mine within six months of the deal closure.
The best diamonds in the world come from the sea.
Live round table discussions complemented by real-time interaction with the audience via social media, as well as commentary from industry leaders.
Petra Diamonds Ltd's first quarter revenue fell by 17 percent after Tanzanian government last month seized consignment of diamonds from its Williamson mine.
With the newly unearthed 34.17-carat diamond, Alrosa has hit an annual record in the number of large fancy-coloured stones found at its operations.
Over 50% of the proceeds will be used to fund clean water, electricity, school, medical facilities, bridges and roads, none of which are currently available in the village of Koryardu, where the diamond was found.
The world’s largest diamond producer by value offered less precious stones, in line with its policy of trying to match sales to demand.