October 3, 2018

South Africa mulls SOV, should not harm mining sector – minister

South African government is considering a sovereign wealth fund but is looking for a way to fund it without harming the mining industry.

October 3, 2018

ALROSA proceeds with non-core assets disposal program

The shares of Almazergienbank were bought by OJSC RIK Plus.The transaction value exceeded RUB 200 million.The shares are to be transferred by the end of November this year.

October 2, 2018

South Africa’s latest mining charter: what’s new and who wins

New Mining Charter seeks to reduce uncertainty and boost investment in the sector.

October 2, 2018

Diamond trade must reform in face of threat from synthetic stones -U.S.

Efforts to broaden the scope of the Kimberley Process, set to prevent the sale of so-called "blood diamonds", have been stymied for a decade by member states including China, Russia…

October 1, 2018

Diavik Stars of the Arctic dazzle in rough diamond tender

Rio Tinto and Dominion Diamond Mines have revealed three of the finest large rough diamonds from their Canadian diamond mine.

September 30, 2018

Trading in CARAT coins is launched on Hotbit digital asset exchange

Holders of the digital coin are able conduct currency transactions, as well as redeem their value in physical diamonds.

September 30, 2018

Pink diamond breaks world record

It sold for more than $2.9 million.

September 27, 2018

First auction of coloured diamonds brings ALROSA $9m in sales

210 unique diamonds were sold in the first round. The bidding was very active, and most of the lots were sold for well above their starting price.

September 26, 2018

De Beers group and UN women announce programme to support more than 1,200 women entrepreneurs in Southern Africa

The partnership and programme aims to complement national efforts on job creation and economic empowerment of women by supporting women micro-entrepreneurs through capacity building that is customised to address their…

September 26, 2018

Congo leader vows elections to proceed on schedule in December

DRC President Joseph Kabila vowed delayed elections will take place as planned this year.