Diamond Mining News

This is the world’s largest flawless heart-shaped diamond

Graff plans to showcase it around the world before setting it as a jewel.

More policy attention needed on artisanal mining — UNCTAD

Artisanal and small-scale mining offers opportunities to generate jobs, reduce poverty, and provide livelihoods, but this sector has been largely ignored by policy-makers and donors, an UNCTAD official said.

Anglo American plots £2bn South African mines spin-off

Anglo American is sounding out investors about a multi-billion pound spin-off of its South African operations in an attempt to pacifiy growing pressure from its biggest shareholder to consider a radical break-up.

Data contained in diamonds could stay there forever too

Scientists say precious stones could have a more practical, equally long-term use one day.

UAE KP Chair visits Russia to discuss strengthening of KPCS Foundations

Bin Sulayem meets with Deputy Minister of Foreign Affairs and Deputy Minister of Finance to advocate importance of Permanent Secretariat in the United Nations

Clarification by CENADEP in regards to Civil Society participation in the November 2016 Kimberley Process Plenary Session in Dubai

Partnership Africa Canada is one of the 11 members of the Kimberley Process Civil Society Coalition that is boycotting this year’s chair — the UAE.

Kimberley Process plenary meeting has critical issues to discuss, says World Federation of Diamond Bourses

The KPCS continues to play a critical role in curbing trade in conflict diamonds, said WFDB President Ernie Blom.

Mick Davies' X2 Resources fails to deliver, frees investors from commitments

Launched three years ago with a $5.6bn war chest, the fund once hailed as leader of a new wave of mining investment changes course.

KP Chair flags independent funding of NGOS in the KPCS by year end

KP Chair committed to install fair funding model for NGOs

Botswana Diamonds finds octahedron in sample material at Orapa

The company, which began exploring the area in March this year, said that specialists from its joint venture partner Alrosa are reanalyzing 80 tonnes of samples that were sent to South Africa.

Anglo American soars on positive production report

Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.

Caterpillar axes sales forecast, warns factors depressing orders could linger

While quarterly earnings beat analysts expectations, revenue fell short of estimates and CAT also lowered its full-year guidance.

Caterpillar rally hindered by fresh drop in sales

The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.

Members of Civil Society confirm attendance at KP Plenary in Dubai

Civil Society Group supports UAE initiatives and progress, confirms attendance at KP Plenary.

First Quebec diamond mine opens 

Good news for mining in Quebec, the majority French-speaking Canadian province, has come from Stornoway Diamond Corporation (TSX:SWY), which officially opened its Renard diamond mine last week.

Canadian diamond thieves finally arrested

The arrest came following a Canada-wide warrant.

UAE Kimberley Process Chair visits Uganda to garner support for the Global Initiative

Bin Sulayem meets with Uganda’s Office of the President and Ministry of Energy and Mineral Development to discuss Kimberley Process.

Congo’s cobalt production set to soar despite claims of child labour

Last year, the country's cobalt production accounted for just over half of the world's output.

Thieves swap $20k diamonds for worthless stones in Canada’s East Coast

Investigators believe the couple may be the same who stole a $10,000 diamond in Saint John, New Brunswick, earlier this month.

Kimberley Process chairman wants UN involvement in supervising global diamond trade

Ahmed bin Sulayem says a well-structured permanent body able to take over the work currently done by volunteers is urgently needed.

$10,000 diamond stolen in New Brunswick

'These were pros,' the owner of the jewellery said.

NGOs want Venezuela to halt mining concessions, claim violations of Indigenous rights

Advocacy groups are taking issue at the Mining Arch of the Orinoco River National Development Strategic Zone.

DiamondCorp’s troubles continue

The company was issued a shutdown notice for its Lace project in South Africa's Free State province.

Positive signs put Canadian junior miners in a good position for recovery – PwC report

Investors have seen a rise in the market capitalization of top junior mining companies on the TSX Venture Exchange by more than 100% compared to last year.

Plan Nord: Extracting the most value for Quebec

" Despite the uncertainty around global metal prices, Quebec Premier Philippe Couillard has thrown his support behind a project that has the potential to be transformational for the north of his province."