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.

March 29, 2019

Polish detectorists looking for ‘Nazi Gold Train” finds another kind of treasure

Piotr Koper, who spent years hunting for the elusive train rumoured to be laden with gold and gems, has found two dozen priceless Renaissance portraits.

March 29, 2019

Petra Diamonds shares jump on 425-carat discovery at Cullinan

The discovery comes less than a month after Petra found a 100.83 carat gem-quality diamond at the same mine.

March 28, 2019

Stornoway finishes year with revenue down, losses up

Total net loss for 2018 was $329.4m or $0.39 per share, compared to a net loss in 2017 of $114.2m or $0.14 per share.

March 28, 2019

Firestone Diamonds halts Liqhobong mine expansion plans, limits losses

The Africa-focused diamond miner said current market conditions didn't support expansion project at the Lesotho mine.

March 27, 2019

Last kimberlite trucked to plant at De Beers Victor mine

The Victor mine was forecast to produce 6 million carats over its life, but it beat that by recovering a total of 8 million carats, with a record 936,000 carats…

March 26, 2019

Hong Kong firm develops tech to detect lab-grown yellow diamonds

The Diamond Natural Device is reportedly the first tech system capable of identifying the yellowish gems together with the colourless to near-colourless range of diamonds.

March 25, 2019

Arctic Star starts work at Diagras property

The Diagras property covers 22,595 hectares with a total of 23 known kimberlites on trend with the Diavik mine.