January 23, 2018

Zimbabwe mulls scrapping majority black ownership on diamond, platinum sectors

President Emmerson Mnangagwa, who took the post in November, has ordered an examination of both industries that may lead to the abolition of the 51% local ownership rule on them.

January 22, 2018

Irish diamond miner to expand in Finland

Karelian Diamond Resources was granted a four-year exploration claim in the Kaavi region.

January 22, 2018

Gem Diamonds on a roll, now finds 149-carat rock

The 149-carat, D colour, Type IIa rough diamond is the fourth high quality stone of over 100 carats the company has recovered so far this year at its Letšeng mine.

January 17, 2018

De Beers’ diamond venture in Namibia axing at least 130 jobs

Move seeks to ensure the sustainability of Namdeb land-based operations.

January 17, 2018

Lucapa finds monster diamonds at Lulo, including largest coloured one

The Australian miner has also unearthed the tenth +100 carat stone recovered from Lulo since mining operations began two years ago.

January 16, 2018

De Beers readies technology aimed at eliminating ‘conflict diamonds’

Firm is developing open platform that traces diamonds from mine to buyer.

January 15, 2018

Following detention, journalist publishes controversial story about Venezuela’s Mining Arc

Rampant violence and corruption are the norm in the mines of the southern Guayana region.

January 15, 2018

Gem Diamonds shares on fire as miner finds 910-carat rock

Massive find is believed to be the fifth biggest gem-quality diamond ever found

January 12, 2018

Alrosa buys stake in Angola’s largest diamond deposit for $70 million

Deal provides the diamond giant with access to a production base outside Russia.

January 11, 2018

Botswana’s Okavango posts record diamond sales at $567 million

Company posted a 4 percent jump in sales to $567 million in 2017, the highest annual sales since its formation in 2013.