October 7, 2019

Petra’s recently found blue diamond could fetch $15 million

Viewings of the 20.08-carat diamond will run from November 1 to 7 at Petra’s marketing offices in Johannesburg.

October 4, 2019

Alrosa finds Matryoshka-style stone, the first in diamond mining history

According to scientists, the diamond may be over 800 million years old.

October 4, 2019

Central African Republic diamond houses obliged to export $3m per quarter

The Central African Republic launched a full overhaul of the country’s alluvial diamond mining sector.

October 4, 2019

Zimbabwe accuses US of lying about diamond-mining forced labour

Zimbabwe, suffering its worst economic crisis since 2008, is desperate to end sanctions imposed by the U.S. and the European Union on politicians and state companies.

October 4, 2019

Gem Diamonds mining lease for Letšeng renewed for 10 years

Royalty payable for the diamonds sold was increased to 10% from 8%.

October 3, 2019

Diamond crisis deepens as De Beers reports plunging sales

RBC Capital Markets expects profit will fall by about 40% this year at De Beers.

October 2, 2019

Rise of ethical investing, social license the top risks to miners

The mining and metals sector is facing greater scrutiny from end consumers, demanding a transparent, ethical supply chain.

October 1, 2019

Zimbabwe rejects US claim that diamond mine uses forced labour

Zimbabwe has accused the US of ignorance after blocking rough diamond imports from the Marange fields.

September 27, 2019

De Beers keeps special terms in place for another diamond sale

De Beers is continuing its policy of offering almost unprecedented flexibility to diamond buyers.

September 26, 2019

Rio Tinto sees rosy future for diamonds despite end of Argyle

Company is exploring for diamonds in Canada as part of its plans to stay in the sector despite the looming closure of its Argyle mine in Australia, known for extremely…