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.

April 27, 2018

Lucara recovers another big diamond in Botswana

The rock weighed 327 carats and it is a top white gem diamond.

April 26, 2018

Jewelry companies team up with IBM on blockchain platform

Gold and diamond companies joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced.

April 26, 2018

ALROSA and AWDC signed a new cooperation agreement

The agreement continues positive cooperation experience between the parties and expands bilateral interaction in line with new challenges of the market.

April 26, 2018

Sale of 910-carat rock boosts Gem Diamonds revenue, stone prices

The company's revenue jumped a whopping 174% in the first quarter of the year thanks to strong demand for its rough rocks and the sale of a 910-carat diamond, the…

April 25, 2018

Pangolin finds first diamond at Jwaneng project in Botswana

Project is located about 100 km south of Jwaneng, the world’s richest diamond mine.

April 24, 2018

Namibia may scrap black ownership requirements for mining companies – minister

Namibia may scrap requirements for black ownership in mining as it seeks to woo investors to an industry that is rebounding with the commodities cycle.

April 24, 2018

Caterpillar results prove global economy in good shape

The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.

April 23, 2018

Gemfields talks up ‘responsibility’ amid lawsuit over alleged human rights abuses

The UK miner, which is the world's top coloured gems producer, is also adopting a new technology to further drive transparency in the sector.

April 23, 2018

Petra Diamonds rallies on revenue growth, record output

Revenue for the quarter ended March 31 climbed 44% to $172 million, while production jumped 20% to a record quarterly volume of 1,194,947 carats.