Diamond Top Stories

Billionaire Oppenheimer wins ban on mining at Zimbabwe farm

South Africa’s second-richest man won a court order to temporarily halt mineral exploration on his private family ranch in Zimbabwe.

Bloomberg News | July 4, 2022 | 12:38 pm

Petra Diamonds’ latest sale crowns “strong” year

The miner saw prices for its rough diamonds climb 7.7%…

Cecilia Jamasmie | June 30, 2022 | 5:51 am

Russia hits back at attempts to ‘politicize’ its diamonds

Country said attempts to question its compliance with the international…

Reuters | June 29, 2022 | 7:53 am

When you buy diamonds, think of Bucha, Ukraine envoy says

Ukraine has accused the Russian military of executing residents of…

Reuters | June 24, 2022 | 8:40 am

China backs Russia in opposing bid to redefine conflict diamonds

China agrees that the Ukraine issue falls outside the scope…

Reuters | June 23, 2022 | 9:56 am

Petra Diamonds mulls sale of loss-making Koffiefontein mine

Petra wants to offload the Koffiefontein diamond mine in South Africa, which reaches the end of its productive life in 2025.

Cecilia Jamasmie | April 27, 2022 | 3:48 am

The diamond world is scrambling to keep buying Russian gems

The disruptions around Russian diamonds are being felt through the global industry, which was already facing a shortage of rough stones even before the war in Ukraine.

Bloomberg News | April 22, 2022 | 9:33 am

Diamonds and caviar targeted in new UK sanctions on Russia

Silver and wood products from Russia will also be prohibited and tariffs will be increased by 35% on 130 million pounds ($170 million) worth of diamonds and other products,

Bloomberg News | April 22, 2022 | 3:45 am

De Beers back to search for diamonds in Angola

The diamond miner has inked two mineral investment deals with the country's government granting the company exploration rights for 35 years.

Cecilia Jamasmie | April 20, 2022 | 3:58 am

Namibian cuprous oxide gemstone could hold key to quantum computers

Researchers found that a naturally mined cuprous oxide gemstone from Namibia can help produce Rydberg polaritons.

Staff Writer | April 19, 2022 | 5:05 am

Commodity stocks oust financials as Canadian market heavyweights

Energy and materials companies now constitute about 31.07% of the S&P/TSX Composite Index, surpassing Canada's banks, insurers and asset managers.

Bloomberg News | April 19, 2022 | 4:40 am

Western Australia is world’s new top mining destination

The resource-rich state replaced Nevada as most attractive region for mining investment in 2021, says the Fraser Institute.

Cecilia Jamasmie | April 11, 2022 | 10:52 am

World’s top diamond miner Alrosa hit by US sanctions

The measure against the Russian state-owned diamond miner seeks to cut off additional sources of revenue for Moscow.

Cecilia Jamasmie | April 8, 2022 | 3:37 am

Zimbabwe mines see $10 billion funding shortfall over five years

While Zimbabwe has the world’s third-biggest reserves of platinum-group metals, plus gold, diamond and chrome mines, development has been stymied by political instability.

Bloomberg News | April 5, 2022 | 9:14 am

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Billionaire Oppenheimer wins ban on mining at Zimbabwe farm

Petra Diamonds’ latest sale crowns “strong” year

Russia hits back at attempts to ‘politicize’ its diamonds

When you buy diamonds, think of Bucha, Ukraine envoy says

China backs Russia in opposing bid to redefine conflict diamonds

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Petra Diamonds mulls sale of loss-making Koffiefontein mine

The diamond world is scrambling to keep buying Russian gems

Diamonds and caviar targeted in new UK sanctions on Russia

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