July 25, 2017

Caterpillar earnings beat estimates, shares hit five-year high

It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it…

July 25, 2017

South Africa labour disputes weigh on Petra Diamonds results

Labour disputes earlier in the year caused delays in the building of a new plant in its Cullinan mine in South Africa.

July 24, 2017

World’s top diamond miner Alrosa output up 14% in first half of 2017

The Aikhal division accounted for more than a third of the company’s total output in the period, having extracted 6.9-million carats of rough diamonds – a 26% year-on-year increase.

July 19, 2017

What happened to rough diamond prices over the last 10 years – report

Independent diamond industry analyst and consultant Paul Zimnisky has published a report on global rough diamond prices in the 10 years since the global financial crisis.

July 19, 2017

The world’s largest diamond miner just found two massive rocks

Both rocks, said ALrosa, are believed to be gem-quality.

July 17, 2017

World’s second-largest diamond ‘too big’ to sell

Lucara Diamond’s Lesedi La Rona is said to face challenges other rock never do, including its multi-million-dollar price tag and a risky polishing process that can take months or years.

July 17, 2017

Washington Companies buys Dominion Diamond for $1.2 billion

The US company plans to operate Dominion as a standalone business, appointing a new chief executive based in Canada.

July 17, 2017

Botswana Diamonds jumps on prospecting licence expansion

Vutomi licences were extended into additional area of mineralization adjacent to the firm’s Frischgewaagt project in South Africa.

July 14, 2017

Anton Siluanov elected as Chairman of ALROSA Supervisory Board

Members of ALROSA Supervisory Board voted to approve Anton Siluanov, Minister of Finance of the Russian Federation, as Chairman of the Supervisory Board.

July 14, 2017

Botswana Diamonds soars on lucky find at South Africa’s Ontevreden

The company identified a group 2 kimberlite pipe in an area known by its high-grade diamonds.