September 3, 2018

De Beers will allow buyers to reject cheap diamonds

This is a rare move by De Beers, which is famous for requiring buyers to take what’s offered.

September 3, 2018

India’s Anil Agarwal succeeds with Vedanta Resources buyout

Some in the industry see this move as a prelude to a potentially broader deal with bigger miner Anglo American.

August 30, 2018

FedEx’d gems fueled India’s biggest bank fraud, report says

Modi and associates fraudulently borrowed approximately $4 billion

August 30, 2018

Kimberley Process visits Russia with a review

The Kimberley Process (KP) delegation conducted a review visit to Russia on August 25-30 to check the system of mining, accounting, implementation and control of operations with rough diamonds, and…

August 29, 2018

Lucapa confident of lifting its diamond success rate in both Africa and Australia

Diamond producer, ASX-listed Lucapa Diamond Company Limited (LOM) says the Company has begun to “shine bright” in the world of Special diamonds.

August 27, 2018

Famous yellow diamonds yielding mine up for grabs

The Ellendale mine produced around half of the world’s supply of rare yellow diamonds during peak production.

August 24, 2018

Kremlin aide wants top firms to invest more rather than pay windfall tax

Kremlin aide Andrei Belousov said on Friday he would like major Russian firms to invest in social projects rather than pay higher taxes.

August 23, 2018

Botswana Diamonds partner granted exclusive access to concession in Zimbabwe

Vast Resource is expected to carry out an initial assessment of the Heritage Concession, in the Marange Diamond Fields area.

August 20, 2018

Rio opens new diamond pipe in subarctic Canada

The pipe is expected to be "an important source of incremental supply over the next four years."

August 20, 2018

Lucara Diamond moves forward with ‘stone by stone’ sales plan

Miner will include Sarine’s mapping and planning technologies into its sales platform, which applies algorithms to match rough diamond production with polished manufacturing demand on a stone by stone basis.