December 16, 2019

Russia seeks to lift ban on ‘blood diamonds’ from African ally

The Central African Republic should be granted a “road map” outlining the steps it needs to take to get the ban on diamond sales lifted, says Moscow.

December 11, 2019

Diamond crisis to last another year

The glut that’s depressing the diamond market will last another year, according to industry consultant Bain.

December 11, 2019

Alrosa to mine first diamonds from Angola in mid-2020

The Russian miner and its local partner, Catoca Mining, say Luaxe could produce 1 million carats, worth $90 million, next year.

December 10, 2019

Petra Diamonds restarts South African mines

Mines across South Africa have shut down after flash flooding triggered the most severe power blackouts in more than a decade.

December 10, 2019

ICMM updates mine-community relations guide to reflect investors’ pressure

Improved guidance integrates the eight effectiveness criteria of the UN Guiding Principles on Business and Human Rights.

December 10, 2019

Anglo American cuts output targets for coal, iron ore and diamonds

While bullish on copper, the miner has also cut production guidance for 2020 to between 620,000 and 670,000 tonnes.

December 9, 2019

Petra Diamonds halts all mines in South Africa due to power issues

Production, hoisting and processing have stopped immediately at Cullinan, Finsch and Koffiefontein mines.

December 4, 2019

Firestone Diamonds’ Liqhobong mine back at full tilt as power returns

Processing was halted from Oct.1 to Oct. 26, when diesel generators were commissioned. The plant then operated at between 80% and 90% capacity throughout November.

December 2, 2019

Diamond industry’s torrid year set to continue for some time

The crisis afflicting the diamond industry won’t end anytime soon, according to Liberum Capital Markets.

November 29, 2019

Lucara bets on diamond market recovery, plans mine expansion

The company has earmarked $53 million for early work on a planned underground mine at Karowe. A final investment decision will be made in the second half of 2020.