September 16, 2018 Lucapa introduces Lulo diamonds into Angola’s new diamond marketing system According to Lucapa, policy shifts in the southern African country allow management to plan for the sale of such high-value stones, something the company was not able to do before.
September 16, 2018 How Anglo quietly built a commodity trader in Glencore’s shadow In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.
September 14, 2018 De Beers steps up hunt for fake diamonds with new detector The world’s top diamond producer by value has led industry efforts to both verify the authenticity of diamonds and ensure they are not from conflict zones where gems may be…
September 14, 2018 Anglo American asks Angola for permission to explore for metals The move makes the company the first mining major to request exploration permits in the country since President João Lourenço vowed to open up the sector and encourage foreign investment.
September 13, 2018 De Beers officially the new owner of Peregrine Diamonds The C$107 million-acquisition ($82m) gives the miner access to the Chidliak diamond project in Canada, which hosts at least 74 kimberlites, eight of which are potentially economic.
September 12, 2018 Swiss scientists developing method to detect low-temperature heated rubies from Mozambique Since their discovery in early 2009, the ruby deposits near Montepuez in Mozambique have produced an impressive number of exceptional-quality stones.
September 11, 2018 Russia’s Alrosa sales in 2019 to exceed production by 1-2 mln carats – RIA Russian diamond miner Alrosa said on Tuesday that its sales next year would be 1-2 million carats higher than its production in 2019.
September 11, 2018 De Beers’ recent diamonds sale the worst in two years Sales for the seventh cycle stood at a provisional $505 million, down $134 million or 21% from what De Beers got at the same cycle in 2016, when it began…
September 7, 2018 Mining exploration spending in Australia jumps to 5-year high Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.
September 7, 2018 Giant diamonds has been mining’s one success story this year This summer’s crash in commodity prices is turning it into a year to forget for miners. Unless you dig the world’s biggest diamonds.
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