June 20, 2017

China’s Fosun sweetens offer for Gemfields

The precious stones miner has recommended shareholders to accept offer, despite considering it “unfair.”

June 20, 2017

Alrosa finds 62.75-carat diamond at prolific Jubilee pipe

The miner's Jubilee pipe is famous for its large finds.

June 15, 2017

DMCC and ALROSA extend cooperation in Moscow meeting

World leading diamond mining company looks to grow with DMCC and Dubai

June 15, 2017

De Beers sends world’s top diamond-searching ship to explore off coast of Namibia

Them mv SS Nujoma is the sixth diamond exploration vessel to join the fleet of Debmarine Namibia, a 50/50 joint venture between the government of that African country and De…

June 15, 2017

Gemfields beats own ruby sales record at Singapore auction

It sold $54.8 million worth of rubies, a record high for any Gemfields auction and a 24% increase in revenue from the previous record.

June 14, 2017

China’s Fosun spices up battle for Gemfields with 10% bid premium

Gemfields, which mines for emeralds and amethysts in Zambia and for rubies in Mozambique, had already received a buyout offer from largest shareholder Pallinghurst Resources.

June 13, 2017

De Beers to host first auction for third-party exceptional polished diamonds

Sellers and buyers of responsibly sourced, exceptional polished diamonds will be able to transact anonymously via the De Beers Auction Sales platform for the first time this month, when the…

June 12, 2017

Gem Diamonds finds two large rocks at flagship mine in Lesotho

The last time Gem Diamonds had had made a significant discovery at its Letšeng mine before April this year was in 2015.

June 8, 2017

ALROSA’s revenue from diamond sales up 33% up to $472.1 million

ALROSA, the world leader in diamond mining, has announced diamond sale results for May and the first five months of 2017.

June 8, 2017

EU regulation on responsible mining will be ineffective

The EU regulation on mineral sourcing that comes into force today will not be effective enough due to its limited scope and delay in implementation.