May 9, 2018

Expansion of Canada’s first surface and underground diamond mine delayed

Construction of a new open pit at the mine has been delayed until further notice.

May 9, 2018

Lerala Diamond Mine Limited is going on auction

This auction includes the sale of the pits, the resource, the process plant and ancillary equipment. Goindustry, along with the liquidators, will assist with the transfer of the mining rights,…

May 8, 2018

Zimbabwe parliament delays Mugabe’s questioning on diamond revenue

Mugabe to face legislators over his previous pronouncements that the state had been deprived of at least $15 billion in diamond revenue by mining companies.

May 8, 2018

Fura Gems finds giant emerald at historic Coscuez mine in Colombia

The 25.97-carat rough emerald is considered both “rare and exceptional” given its size, colour saturation and clarity.

May 4, 2018

Diamond museum opens in Belgium

The DIVA museum has a butler that allows visitors to peek inside various rooms where precious treasures are kept.

May 4, 2018

Alrosa to acquire one of the world’s largest diamond polishing firms

Russia's Kristall cuts around 300,000 carats annually and generates revenue of around $200 million.

May 3, 2018

ALROSA sells large diamonds for USD 14.8 million at the auction in Vladivostok

The United Selling Organization (USO) of ALROSA sold 101 special size rough diamonds with the total weight of 1751.1 carats.

May 3, 2018

Lucapa finds yet another large diamond in Angola

The 46-carat pink diamond is the largest coloured gem-quality stone ever recovered at the company's Lulo project.

May 1, 2018

Botswana Diamonds, Vast Resources team up to explore in Zimbabwe

The two companies will exchange past exploration information on areas prospective for diamonds in Zimbabwe and form a jointly-owned special purpose vehicle to develop and exploit diamond resources.

April 30, 2018

Halted Botswana diamond mine to be sold at online auction

The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it was placed under judicial management last year.