August 4, 2017

Lucara Diamond lowers output target for the year, but pays divvy

The Canadian diamond miner now expects to produce between 265,000 carats and 285,000 carats, compared with the previously targeted 290,000-310,000 carats.

August 4, 2017

Russia’s Alrosa searching for 16 miners missing after accident

A total of 102 miners have been brought to the surface and another 33 miners have been located in the mine in Yakutia in eastern Siberia and are being evacuated.

August 2, 2017

The key to confidence in the diamond sector

De Beers says it sets the bar very high for its technology and expects that each instrument it releases is tested to the highest possible standards, while also being fast,…

August 2, 2017

De Beers Group announces new appointments to Executive Committee

De Beers Group today announced three new additions to its Executive Committee. Ann Cormack will succeed Arthur Hewett as Executive Head, Human Resources, as of October 2017. David Prager joins…

August 2, 2017

Rio Tinto’s first-half profit soars 93%, investors getting $3bn back

The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.

August 1, 2017

Here’s what to expect from the diamond industry before year-end

Here we are little more than half way through 2017, and industry fundamentals are not necessarily negative, but signals are mixed with a subdued tone.

August 1, 2017

Alrosa unveils first unique Russian collection of diamonds

Russia’s Alrosa, the world’s top diamond producer by output in carats, introduced Tuesday The Dynasty, a unique collection of diamonds manufactured at its cutting and polishing facilities.

August 1, 2017

India’s biggest holiday boosts De Beers rough diamond sales

The diamond giant said customers began buying rough diamond earlier than usual so they can complete their polishing before Diwali begins.

July 31, 2017

Scientists find evidence for the formation of thinnest possible diamond

The researchers say the realization of a stable and atomically thick two-dimensional diamond material is still forthcoming

July 31, 2017

Origins of Argyle necklace debuts in New York

Rio Tinto’s famed champagne and cognac diamonds from its Argyle diamond mine have been showcased in a signature piece of jewellery in New York, in celebration of their unique Australian…