February 6, 2018

Diamond prices on the rise this year

Diamond market sentiment improved in January, with firm prices after retailers reported a better-than-expected holiday season.

February 5, 2018

Anglo takes down South Africa sale sign and may even buy

Anglo raised the possibility it could start buying assets in SA, the latest sign of how much has changed in two years, when the miner was focused on selling.

February 5, 2018

Pile-of-cash dilemma for mining industry once crippled by slump

With metals from zinc to palladium trading at multi-year highs, four of the world’s top producers generated combined free cash flow last year of about $87 million a day.

February 2, 2018

Lulo diamonds sell for A$11.4 million

The sale of 4,170 carats of Lulo diamonds achieved gross proceeds of US$9.14 million (A$11.43 million), representing an average price per carat of US$2,192.

February 2, 2018

Argyle pink diamond coin unveiled in Berlin

Rio Tinto and The Perth Mint are delighted to unveil the first pavé set Argyle pink diamond gold coin.

February 2, 2018

Commodity boom has a dark side as cost creep erodes windfall

Mining and metal companies are rediscovering the downside of rallying prices: higher costs.

February 2, 2018

Gem Diamonds shares up on better sales, prices and string of 100-carat plus rocks

The company, which last month found the world’s fifth-biggest diamond in history at its flagship Letšeng mine in Lesotho, sold 21% more rocks in last quarter of 2017.

February 1, 2018

Lucapa finds over a hundred diamonds at Australian project

The 119 diamonds recovered from the Little Spring Creek lamproite drill core samples included seven macro diamonds and 112 micro-diamonds.

February 1, 2018

New large stones found at Yubileynaya pipe

In January 2018, ALROSA recovered two gem-quality stones weighing 97.92 carats and 85.62 carats.

January 31, 2018

Chinese consumers are willing to buy diamond jewelry next year more often than Americans – research

ALROSA and GfK research company conducted an extensive research of diamond consumers in the US and China. What they discovered was interesting.