July 30, 2018 S&P raises ALROSA’s credit rating to BBB-, outlook is stable The world's leader in diamond mining reports raising of its long-term credit rating by S&P Global Ratings international rating agency to BBВ-, the outlook is stable.
July 30, 2018 Caterpillar says tariffs will wipe out up to $200M Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.
July 27, 2018 South African diamond fetches half a million dollars The gem was sold on tender for $11,267 per carat.
July 26, 2018 De Beers sizes up Canadian diamond project, first big buy in nearly 2 decades Anglo American unit De Beers expects its purchase of Canada's Peregrine Diamonds, its first upstream diamond acquisition since 2000, to be completed in a month to six weeks' time.
July 24, 2018 Canada scaring mining investors with long, unclear permit processes Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past…
July 23, 2018 Petra shares drop after it cuts 2019 diamond production forecast The miner said it expects to produce 4.6 million to 4.8 million carats in 2019, well below the 5.0-5.3 million carats it forecast in July last year.
July 22, 2018 Alrosa to start diamond mining at Zarya by 2019 Total diamond resources are estimated to contain 3.5 million carats of diamonds.
July 19, 2018 De Beers buys Canada’s Peregrine Diamonds for $81 million Canadian firm is the sole owner of the Chidliak diamond project in Nunavut.
July 19, 2018 Miners wrote off almost one-third of investments over last decade From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
July 18, 2018 Earth holds quadrillion tonnes of diamonds deep beneath its surface Getting to them would take technology far beyond what we currently have at our disposal.
Disruption and dislocation: LME metals’ year in seven charts Supply disruption and tariff dislocation have defined the London Metal Exchange base metals complex this year. December 23, 2025 | 07:58 am