Zimbabwe

This $2 million red diamond is the hero in Rio’s annual tender

Cecilia Jamasmie | August 12, 2014
This $2 million red diamond is the hero in Rio’s annual tender

In the 30 years Rio Tinto's Argyle Pink Diamonds have been tendering the rare gems, only 13 red diamonds have been brought in.

Zimbabwe’s planned Marange diamond mines merger hits legal hurdles

Cecilia Jamasmie | August 5, 2014
Zimbabwe’s planned Marange diamond mines merger hits legal hurdles

The government wants to consolidate the diamond mining companies currently operating in Marange from six down to two or possibly one.

De Beers changing its diamond sales model

Cecilia Jamasmie | July 22, 2014
De Beers changing its diamond sales model

The world's largest diamond miner by market value said it will adopt a more flexible sales approach.

Diamond industry recovers place in miners’ hearts on climbing demand, prices

Cecilia Jamasmie | July 8, 2014
Diamond industry recovers place in miners’ hearts on climbing demand, prices

Sector now delivering some of the healthiest returns for many of the world’s biggest miners, including Rio Tinto and Anglo American.

Massive layoffs expected in Zimbabwe as diamond deposits run out

Cecilia Jamasmie | July 7, 2014
Massive layoffs expected in Zimbabwe as diamond deposits run out

It has become economically unviable for miners to dig any deeper for the precious stones.

Zimbabwe miners to shut down after diamond resource exhausted

Paul Zimnisky | July 2, 2014
rough diamonds

Two of the seven miners at Marange, Anjin and Jinan, will be shutting down.

African Consolidated Resources raising $18m, buying Zimbabwe mine

Firm says deal means faster gold production at flagship Pickstone project.

'Blood diamond' monitoring to remain focus on conflict-torn regions

Cecilia Jamasmie | June 10, 2014
'Blood diamond' monitoring to remain focus on conflict-thorn regions

The newly elected president of the World Diamond Council is not in favour of expanding the scope of the Kimberley Process scheme beyond conflict zones.

Diamonds may be forever, but current prices are not— experts

Cecilia Jamasmie | April 21, 2014
Diamonds may be forever, but current prices are not— experts

Despite billions spent on exploration, only around 30 significant diamond mines are currently in production.

Rio Tinto paints rosy future for diamonds

Cecilia Jamasmie | March 7, 2014
Rio Tinto paints rosy future for diamonds

Production of rough diamonds expected to be worth $19.6 billion by 2018.

Alberta most attractive mining destination in Canada, third worldwide

Cecilia Jamasmie | March 3, 2014
Alberta most attractive mining destination in Canada, third worldwide

Other two Canadian jurisdictions —New Brunswick and Newfoundland and Labrador— also made it to the top 10 worldwide. Kyrgyzstan and Venezuela, named the two countries mining enthusiasts should stay away from.

Marange may not be the world’s largest diamond producer for much longer

Paul Zimnisky | February 10, 2014

Marange is currently ranked the largest diamond producing deposit on earth, but its days seem to be counted.

Zimbabwe platinum miners appease Mugabe with refinery plans

Ana Komnenic | January 19, 2014
Mugabe

Companies met deadline to submit concrete plans for major refinery.

Massive diamond fields discovered in Zimbabwe to save the country’s industry

Cecilia Jamasmie | January 14, 2014
Massive diamond fields discovered in Zimbabwe to save the country’s industry

Authorities are calling them the "the billion dollar diamond fields," though little exploration has taken place so far.

Zimbabwe may have to stop producing diamonds

Cecilia Jamasmie | December 10, 2013
Zimbabwe may have to stop producing diamonds

Country’s diamonds said to be depleting fast.

Diamond prices to jump next year— Alrosa

Cecilia Jamasmie | December 2, 2013
Alrosa’s production, revenue up in Q1

A steady diamond demand in Europe, paired with an ever growing appetite for these precious stones in China and India, are to blame, says Alrosa.

Zimbabwe's diamond mineworkers want 250% pay hike

Frik Els | December 1, 2013
Zimbabwe's diamond mineworkers want 250% pay hike

Platinum sector workers will be happy with 208%, while gold miners seek a 150% wage increase. Industry is offering 0.6%.

Zimbabwe’s $2bn diamond revenue nowhere to be found

Cecilia Jamasmie | October 17, 2013
Zimbabwe’s $2bn diamond revenue nowhere to be found

So far, no legal action has been taken against people allegedly involved in diamond-related corruption.

INFOGRAPHIC: The truth about conflict diamonds

Cecilia Jamasmie | September 25, 2013
The truth about conflict diamonds

And what can be really done to choose certified conflict-free diamonds.

New Dawn sinks 50%; says current business and economic environment threatens its existence

Ana Komnenic | September 21, 2013
New-Dawn-sinks-50pct

Schedules meeting to discuss share consolidation and closed Zimbabwe mine.

European Union revokes sanctions on Zimbabwe’s diamond firm—report

Cecilia Jamasmie | September 17, 2013
European Union revokes sanctions on Zimbabwe’s diamond firm—report

Despite claims of fraud in the July election that kept President Robert Mugabe in power.

Rough diamond prices to skyrocket in 2018

Cecilia Jamasmie | September 9, 2013
Rough diamond prices to skyrocket in 2018

Steady diamond demand in the United States, paired with an ever growing appetite from China and India set to cause a major gap in global supply and demand, says report.

New Dawn shuts down Zimbabwe gold mine

Frik Els | August 30, 2013
New Dawn shuts down Zimbabwe gold mine

The Dalny mine has been in distress for some time.

Zimbabwe selling uranium to Iran is British media’s latest ‘malicious and blatant lie’ — Mining ministry

Cecilia Jamasmie | August 11, 2013
Zimbabwe selling uranium to Iran is British media’s latest ‘malicious and blatant lie’ — Mining ministry

Obert Mpofu denied Sunday a report claiming the African nation had signed a secret deal to supply Iran with uranium.

Diamond mining in Zimbabwe: The Chininga Report

Africa Confidential | June 25, 2013

New document exposes the corruption and leakages in the diamond mining sector in the country.

Millions of dollars paid by diamond miners in Zimbabwe vanish

Cecilia Jamasmie | June 19, 2013
Mugabe

Parliamentary committee found "serious discrepancies" between what diamond companies claimed to have paid in local taxes, and what the government said it had received.

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