April 5, 2019

Investor sentiment in diamond mining stocks makes for a contrarian play

Natural diamond supply is estimated to come off this year and continue to incrementally decline through at least 2021, which should be supportive of diamond prices and thus miners.

April 5, 2019

$6 billion private capital ready to invest in mining

Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.

April 5, 2019

World Diamond Council advocates for Africa’s artisanal diamond miners at international forum

The WDC believes that initiatives such as the peace process in the Central African Republic boost fairness in the artisanal mining sector.

April 4, 2019

Hunt for Canada’s vast diamond riches reaching an end

Iconic mines, including Ekati and Diavik are now old, tired and running out of diamonds; they will likely both close soon. So far, operations that were designed to replace them…

April 4, 2019

Botswana Diamonds finishes drilling at Thorny River project

Next step is obtaining necessary regulatory approvals to start bulk sampling at the South African project, which is expected during the second quarter of the year.

April 4, 2019

Lucapa Diamond cuts debt related to building Mothae mine

The diamond producer has inked deals with New Azilian and Equigold, following the delivery and de-risking of the Lesotho-based mine, which began commercial production in December.

April 3, 2019

Arctic Star looks for kimberlite at Timantti project

The company has already located three diamondiferous bodies – White, Black and Grey Wolf – and three kimberlite dykes.

April 2, 2019

Jewelers must disclose whether diamonds are mined or synthetic — FTC

The Diamond Producers Association, which represents mining companies like De Beers, Rio Tinto and Alrosa, welcomed the FTC insistence that companies distinguish between diamonds that are mined and those that are made…

April 2, 2019

Cannabis mania mows down Canada’s junior mining sector

There is enough evidence to conclude that risk capital has found a new home, a BDO report shows. The question now is, how and where will junior miners find the…

April 1, 2019

Russia’s Alrosa raises $11.8m in New York diamond sale

The world's biggest producer of rough diamonds in carat terms raised $11.8m in its first New York diamond auction this year.