May 14, 2019

Petra Diamonds fetches $15m for 425-carat legacy diamond

The exceptional D colour Type IIa gem was recovered in March from the company’s iconic Cullinan mine, the same that yielded the biggest diamond ever in 1905.

May 14, 2019

Australian corporate watchdog goes after Merlin Diamonds

ASIC has for months been probing how Merlin Diamonds has loaned A$13 million of investor money to a private company, AXIS Consultants, which has long been associated with the miner's…

May 8, 2019

Diamond tycoon fails in third UK bail attempt as assets frozen

Fugitive diamond merchant Nirav Modi’s third attempt to get bail has been denied by a UK court.

May 8, 2019

Polished diamond prices drop in April — report

According to Rapaport, the price of 1-carat diamonds slid by 1% year-to-date and the price of 3-carat diamonds fell by 6.1% year-to-date.

May 6, 2019

Stornoway’s Renard team takes all at provincial rescue competition

The company's Renard mine rescue team won all the awards at the 57th Quebec Provincial Mines Rescue Competition.

May 2, 2019

As Canada’s Lucara Diamond seeks new mines, tech fuels growth

Lucara, which has recovered two of the largest diamonds in recent history, is turning to technology to ensure growth in an industry where new mine acquisitions remain elusive.

May 2, 2019

Mine versus lab: how green is your diamond?

Mined diamonds are less carbon-intensive than man-made, but their producers should use more green energy, according to a study.

April 28, 2019

Diamond trading goes online as Lucara takes on industry Goliaths

The Canadian company is taking on industry giants such as De Beers and Alrosa PJSC with an online platform to replace the current physical auctions.

April 25, 2019

Coal hurts Anglo American’s Q1 production, 2019 guidance unchanged

Production dropped 6% in the quarter.

April 25, 2019

Expect cascade of mining M&A — PwC’s Braunsteiner

Recent mergers and acquisitions have brought the industry back into the spotlight, after years of speculation around how the sector could regain power, PwC's Canadian Mine report notes.