September 9, 2019

Stornoway Diamond granted creditor protection

Osisko and certain of the secured creditors have also agreed to supply an initial C$20 million of working capital to Stornoway.

September 9, 2019

Rio Tinto launches new collection of rare Argyle pink diamonds

The Argyle Pink Everlastings™ Collection will be tendered alongside the annual Argyle Pink Diamonds Tender in Perth, Singapore, London and New York.

September 9, 2019

Alrosa seeks to brighten up its fluorescent diamond sales

Diamond miners are seeking new approaches to battle falling demand and competition from diamonds manufactured in laboratories.

September 5, 2019

Alrosa to consider withdrawal from subsidiary Alrosa-Nyurba

The voluntary liquidation, following board approval, would be completed by the end of 2020.

September 4, 2019

Uncertainty in Asia pushing diamond prices down — report

Manufacturers refused about 50% of De Beers’ supply in August.

September 3, 2019

Lucapa Diamond profit up, hits record production at African mines

The Australian miner posted a $1.1 million profit for the six months to June, compared to the $4.3 million it lost in the same period last year.

August 29, 2019

Sierra Leoneans sue government for alleged environmental failings at diamond mine

The complaint follows a lawsuit filed by the residents against Octea Ltd. in March seeking $288 million in damages.

August 28, 2019

De Beers gem sales keep falling as buyers allowed to say no

De Beers sold just $280 million of diamonds this month, 44% less than a year earlier.

August 28, 2019

Diamond project in Nunavut yields encouraging results

GGL Resources just completed a ground geophysical survey program on the Stein diamond project.

August 23, 2019

Stornoway Diamond dealt another blow

The Canadian miner is facing a delisting review from the Toronto Stock Exchange.