August 1, 2018

Replenishing economic diamond resources, a daunting task for miners

Given that most of the high-economic diamond deposits in the world have already been put into production, diluted via expansion, or depleted, going forward the economics of diamond mines will…

August 1, 2018

Killed Russian journalists said to have been working on story involving mining in CAR

They were said to be investigating a private Russian security company operating in CAR as well as Russia’s interests in the local diamond, gold and uranium sectors.

August 1, 2018

Rare blue diamonds may be Earth’s deepest secret

The Hope Diamond, a rare blue diamond that is one of the world's most famous jewels, has had a complicated history, passing through the hands of monarchs and bankers and…

August 1, 2018

Rio Tinto down despite $7.2bn cash return to investors

Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts.

July 31, 2018

De Beers ready to begin South Africa’s Voorspoed mine closure

The failed plan was to find an operator with a lower cost structure or a different mining approach that would be able to take over and extend Voorspoed’s life.

July 30, 2018

Lucapa’s mine in Lesotho continues to yield special diamonds

The 11.88-carat diamond was recovered from the North zone of the Mothae diamond mine.

July 30, 2018

Brazil studying auction of rights to six unexplored mining areas in 2019

The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.

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.