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.

March 24, 2019

Alrosa says Verkhne-Munskoye deposit is more prolific than previously thought

During a 5-day experiment, the company extracted 239 diamonds larger than 8 carats.

March 20, 2019

Petra Diamonds keeps founder Pouroulis as chairman

The diamond miner said the appointment of a new chair was "not appropriate" at this time.

March 18, 2019

Russian diamond miner Alrosa wants controlling stake to mine in Zimbabwe

Alrosa will assess Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project.

March 18, 2019

De Beers, Botswana to expand world’s richest diamond mine

The joint venture partners have awarded a $1.2-billion contract to extend the lifespan of their Jwaneng mine unit 2035.