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.

January 11, 2018

Alrosa 2017 sales fall to $4.3bn on lower average price for rough diamonds

Russian miner said the price decline for rough diamonds was due to the changed sales assortment resulting from an increased demand for small-sized rough rocks from India.

January 10, 2018

Russian competition watchdog investigates Alrosa gas assets sale

The Russian Federal Anti-Monopoly Service is investigating forthcoming sale of natural gas assets by producer Alrosa after a complaint from would-be buyer.

January 8, 2018

Gem Diamonds, Lucapa kick off 2018 with massive findings

The rival companies have unearthed three diamonds larger than 100 carats each.

January 5, 2018

CHARTS: Big mining’s surge in value shames tech giants

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.

January 3, 2018

Alba wants to reopen gold mine behind three generations of royal wedding rings

Gold from Clogau St David’s mine in North Wales is behind the wedding bands of the Queen Mother, the Queen, Princess Margaret, the Princess Royal and Diana, Princess of Wales.

January 2, 2018

The EU starts to lead the Kimberley Process

Even though the system has received criticisms, its 54 participants seem committed to making it work.

January 2, 2018

Diamond prices were okay in December, not so good throughout 2017

Rapaport says that following a better-than-expected holiday season, polished diamond prices stabilized in December 2017.

January 1, 2018

Diamond sorter to jail for $500K theft

Major loss for Zimbabwe Consolidated Diamond Company.

December 28, 2017

Venezuela backs its new cryptocurrency with 5 billion barrels of crude

Venezuelan President Maduro shocked the market in early December when he followed China's 'petro-yuan' futures announcement by making headlines of himself proclaiming a new national cryptocurrency - the 'Petro' -…