November 27, 2017

De Beers puts South Africa’s Voorspoed mine up for sale

Company says move paves the way for a lower-cost operator to take the diamond mine beyond 2020, when it is scheduled to close.

November 23, 2017

Brazilian miners up in arms as lawmakers hike iron ore, gold royalties

They claim it won’t be possible to cut costs enough to offset the higher levies, and warn that some miners may need to pass on this new cost increase to…

November 23, 2017

Gem Diamonds finds seventh largest rock this year at Lesotho mine

It's a high quality 202-carat, D colour type IIa rock found at Letšeng mine, the world’s highest dollar per carat kimberlite diamond operation.

November 22, 2017

LME launches probe on cobalt suppliers over fears of child exploitation

The LME has sent a directive to all suppliers asking them to detail how they guarantee “responsible sourcing” of the commodities they trade in the exchange.

November 21, 2017

Plans underway for world’s biggest offshore diamond mining vessel

Debmarine Namibia, a 50/50 joint venture between the country and De Beers Group, tis planning for the construction of the world’s largest custom-built diamond mining vessel.

November 20, 2017

Canadian diamond producer to resume mining off Namibian coast

In an alliance with International Mining and Dredging Holdings, the Canadian miner ran a bulk sampling program whose results "were extremely encouraging."

November 20, 2017

Canadian diamond discoveries could close pending supply gap

With global diamond demand forecast to grow at approx 3.5% annually over next five years, a supply gap down the line seems inevitable if forecasts hold.

November 20, 2017

DeBeers announces Shining Light Awards finalists for 2016/2017

Award recognizes emerging jewellery designers in Botswana, Namibia and South Africa and provides them with a valuable platform to build their careers in the jewellery design industry.

November 19, 2017

Zsa Zsa Gabor’s diamond necklace could fetch up to $1.5 million

A diamond necklace owned by the late actress Zsa Zsa Gabor is expected to sell for between $1.2 and $1.5 million at auction.

November 14, 2017

Giant diamond sells for $33.7 million

Mounted in a diamond and emerald necklace, the white, matchbox-size rock was acquired by an unidentified buyer.