Diamond Mining News

Teenager finds 7.44 carat diamond at a park

The diamond is the 7th-largest found at Crater of Diamonds State Park since 1972.

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.

Sierra Leone pastor unearths one of the 20 largest diamonds ever found

Emmanuel Momoh found the 706-carat diamond in Sierra Leone's Kono district.

World's top diamond miner Alrosa quadruples profit amid sector recovery

The Russian miner said profit attributable to shareholders totalled $2.25 billion (131.39bn roubles) last year, versus $530K (30.67bn) roubles in 2015.

Indian billionaire Agarwal goes after 12% of Anglo American

Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.

Five reasons why diamond mining stocks have been under pressure

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%.

Harry Winston’s famous Jonker V diamond to fetch up to $3.6M in auction

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 20 best mining schools in the world

The rankings are based on data for academic reputation, employer reputation, research citations per paper and research impact.

Exhibition of Diavik-mined giant, uncut Foxfire diamond extended

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..

A trip through the diamond industry in March 2017

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.

Impact and influence photo competition zooms in on women in mining

Celebrating women’s contribution to the mining industry through a diverse lens is the aim of the International Women in Mining (IWiM) photo competition.

Canada's Gov't gives mining explorers a full extra year of tax credit

The 15% Mineral Exploration Tax Credit, which was slated to expire at the end of this month, has been extended until March 31, 2018.

Mining industry leaders meet again at PDAC 2017

For the second consecutive year, PDAC will host the International Mines Ministers Summit (IMMS) with 25 countries attending to it.

Canadian miners to implement voluntary principles on security and human rights

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.

World’s largest new diamond mine begins commercial production

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.

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

Explorers frustrated with waiting times for permits in B.C., the Territories

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.

De Beers upbeat on diamonds outlook, despite sales drop

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.

Canada’s Saskatchewan and Manitoba are the world's new top mining destinations

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.

US Lithium to mine for copper, nickel, cobalt in Canada’s Saskatchewan

The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.

Diamond producers go after Millennials with Oscars-time spot

The target group was the the top diamond consumer in 2015, a year in which most commodities plummeted, hitting the mining industry very hard.

Stellar Diamonds to operate Tonguma mine in Sierra Leone

The company originally intended to combine its Tongo project with Tonguma, but it has now decided to become the mine's operator.

Anglo American not selling assets any more as it returns to profit

The world's number five diversified miner posted its first annual net profit in five years.

Diamond Services expanding screening services for synthetic rough diamonds

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.

TOMRA XRT Technology Helps Recover Spectacular 227 Carat Lulo Diamond

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