October 18, 2024 Russia’s finance ministry considering new diamond purchases from Alrosa in 2025 The news was reported by Russia's Interfax news agency.
October 16, 2024 De Beers, Signet launch campaign to attract youth to mined diamonds amid lab-grown rise It targets Zillennials, the microgeneration born between 1993 and 1998, believed to be behind the rise of lab-grown gems.
October 7, 2024 Lucara sells off Clara diamond sales platform The total consideration is $3 million on closing and the return of 10 million Lucara common shares initially issued as partial consideration when Lucara acquired Clara in 2018.
October 4, 2024 Angola diamonds not under sanctions but Russia link is obstacle Angola’s state-owned diamond producer said some clients were deterred by its partnership with Alrosa.
October 3, 2024 Rio Tinto’s Diavik diamond mine moves into commercial production underground The miner said last year it was going ahead with a $40 million expansion of Diavik, which will extend the operation’s life to at least early 2026.
October 2, 2024 Rio Tinto launches ‘Colour Awakened’ historic collection from Argyle diamond mine The collection is headlined by seven “Old Masters”, notable historic diamonds from the Argyle mine that operated from 1983 to 2020.
September 25, 2024 Burgundy Diamond halts Sable expansion plans at Ekati in Northwest Territories Earlier this year, the company told the CBC that "the financial viability and sustainability" of its business are at risk without the Sable underground project.
September 25, 2024 Karelian closer to finding green diamond source in Finland Irish explorer has completed a detailed excavation program in the Kuhmo region, where it found a rare green diamond in 2022.
September 24, 2024 Rio Tinto offers early termination to Diavik employees to save costs The diamond mine is slated to close in the first quarter of 2026.
September 24, 2024 Petra Diamonds adjusts strategy amid 2024 market challenges The diamond miner dealt with headwinds in fiscal year 2024 with strategic cost reductions and operational adjustments.
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