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.

August 22, 2019

Botswana Diamonds renews two licences in central Kalahari

The licences, which cover just over 300 square miles, are located in Botswana’s Kalahari Desert.

August 19, 2019

The precarious but opportunistic state of Signet Jewelers

Signet Jewelers was at one time the largest jewelry company in the world.

August 15, 2019

Stornoway still seeking partner to ease finances

The company began the hunt for a buyer or investor this spring, but no indications of interest were received by the July 15 deadline.

August 14, 2019

Largest pink diamond ever found in Russia to fetch up to $65m

The rare 14.83-carat “fancy vivid purple-pink” diamond was mined and polished by Alrosa.