De Beers to let buyers reject up to 50% of small diamonds

The Anglo American unit has gone unusually far this year in offering flexibility to its customers — allowing them to defer agreed purchases and lower the number of diamonds they plan to buy.

Cecilia Jamasmie | August 14, 2019 | 7:49 am

Lucara results highlight difficult market

The miner produced 42% more diamonds than expected and sold 33% more than anticipated for 4% less revenue.

Canadian Mining Journal Staff | August 9, 2019 | 12:25 pm

Star Diamond offers bulk sampling statistics at Star-Orion South

The company says Rio Tinto has completed five of the 10 bulk sample trench cutter holes at the project.

Canadian Mining Journal Staff | August 7, 2019 | 2:24 pm

Sierra Leone reviews mining licenses in industry-wide cleanup

The West African nation has already canceled or suspended permits for assets that were not operational.

Bloomberg News | August 7, 2019 | 10:02 am

Rapaport calls for a reduction in rough diamond prices

The firm says that the weak July the diamond industry experienced was caused by high rough diamond supply at inflated prices.

MINING.COM Staff Writer | August 7, 2019 | 6:15 am

Lucapa finds Mothae mine’s “best” diamond yet

The diamond received a D color rating, meaning it’s colourless and extremely rare.

Cecilia Jamasmie | August 7, 2019 | 5:50 am

Sierra Leone community’s suit against diamond miner shows activist trend

Across Africa and the developing world, local groups are increasingly mounting legal challenges against companies extracting minerals.

Reuters | August 6, 2019 | 9:09 am

Zimbabwe to replace empowerment law — finance minister

Foreign investors can now take majority stakes in the platinum and diamond sectors.

Reuters | August 1, 2019 | 9:29 am

Diamond industry’s elite club is starting to show cracks

In the diamond trading world, becoming one of De Beers' elite buyers is viewed as essential to achieving success and making money. Now, it’s no longer so easy.

Bloomberg News | July 29, 2019 | 9:48 am

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