The diamond is the 7th-largest found at Crater of Diamonds State Park since 1972.
Diamond Mining News
UAE appoints Maryam Al Hashemi as the 2017 Chair of the Committee of Participation and Chairmanship of the Kimberley Process
After completing her formal education at Dubai Women’s College, Maryam was drawn to work under the newly formed DMCC in 2003, making her one of its longest current serving employees.
Emmanuel Momoh found the 706-carat diamond in Sierra Leone's Kono district.
The Russian miner said profit attributable to shareholders totalled $2.25 billion (131.39bn roubles) last year, versus $530K (30.67bn) roubles in 2015.
Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.
From February 15th to March 13th, a market-cap weighted aggregation of diamond miners in U.S. dollars including ALROSA Joint-Stock Company, Petra Diamonds Ltd, Dominion Diamond Corp, Gem Diamonds Ltd, Lucara Diamond Corp, Stornoway Diamond Corp, Firestone Diamonds Plc, and Mountain Province Diamonds Inc, was down 14.3%.
The rectangular, 25.27-carat gem is one of a collection of 13 polished diamonds cut from the famous 726-carat Jonker rough, unearthed at South Africa’s Elandsfontein mine in 1934.
The rankings are based on data for academic reputation, employer reputation, research citations per paper and research impact.
The 187.6-carat rare stone will remain on display until April at the Smithsonian’s National Museum of Natural History in Washington D.C..
As the diamond industry marks its foray into 2017, Q1 demand for rough has been stronger relative to Q4 2016 and also relative to a year ago.
Celebrating women’s contribution to the mining industry through a diverse lens is the aim of the International Women in Mining (IWiM) photo competition.
The 15% Mineral Exploration Tax Credit, which was slated to expire at the end of this month, has been extended until March 31, 2018.
For the second consecutive year, PDAC will host the International Mines Ministers Summit (IMMS) with 25 countries attending to it.
Several MAC members already formally participate in the Voluntary Principles on Security and Human Rights Initiative (VPI) and several others apply the VPs for their operations abroad.
Gahcho Kué, owned by De Beers Canada and Mountain Province Diamonds, is expected to produce around 54 million carats of rough gems over its 12-year lifetime.
Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls
On the level of transparency in the approvals process, jurisdictions in the US, Australia and Scandinavia performed better than Canada, a fresh report by the Fraser Institute, shows.
The miner reported a 25% fall in diamond sales during the second cycle of the year, compared with the traditionally stronger first cycle, in line with its expectations.
Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.
The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.
The target group was the the top diamond consumer in 2015, a year in which most commodities plummeted, hitting the mining industry very hard.
The company originally intended to combine its Tongo project with Tonguma, but it has now decided to become the mine's operator.
The world's number five diversified miner posted its first annual net profit in five years.
With evidence mounting about a surge in the volume of uncut synthetic diamonds entering the marketplace, Diamond Services has announced that it is expanding its synthetic screening service for rough diamonds at its facilities in Hong Kong and New York.
The 227 carat Type IIa D-colour stone is the biggest diamond recovered at the large diamond recovery circuit at the Lulo mine to date and Angola’s second largest diamond on record