April 6, 2017

Rio Tinto to fight $447 million Australian tax bill

The amount is linked to what is known as “transfer pricing” between Rio Tinto’s Australian operations and its Singapore office.

April 6, 2017

‘Conflict minerals’ entering tech supply chains from countries beyond Africa — report

Tungsten, tin, tantalum and gold are now also being illegally extracted and traded at sites under the control of armed groups in countries including Myanmar and Colombia.

April 5, 2017

Firestone soars after finding massive diamond at new Lesotho mine

The stock shot up 13% in London Wednesday after Firestone announced it had unearthed an 110-carat yellow diamond, it’s biggest find so far at its Liqhobong mine.

April 4, 2017

Dominion Diamond looks for potential buyers in own backyard — source

Strategy is part of Dominion's goal of securing the best deal possible for all its shareholders.

April 4, 2017

Alrosa fetches almost $13 million at auction in Vladivostok

Alrosa, the world’s largest diamond miner by output in carats, has held an auction to sell industrial grade and gem quality natural rough diamonds in the Eurasian Diamond Centre.

April 4, 2017

Pink Star diamond breaks world record at $71.2 million

The stunning 59.6-carat diamond smashed the $60 million pre-sale estimate set by Sotheby's at Tuesday's auction in Hong Kong.

April 4, 2017

Diamond market regaining sparkle — DeBeers sales up again

The world’s No.1 diamond miner by value, reported a 4.9% rise in sales during the third cycle of the year, on the back of a global recovery in prices and…

April 3, 2017

EU toughens up rules on imports of conflict minerals

The new law, which will come into force in 2021, requires importers to ensure their business do not contribute to armed conflicts.

March 30, 2017

IIDGR establishes polished diamond grading partnership with Lukfook Jewellery

The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, today announced that it has established a polished diamond grading partnership with Lukfook Jewellery, a leading…

March 29, 2017

Miners to spend $21 billion on exploration by 2025

Equipment and services suppliers will have to wait at least another year until they can fully feel the impact of this trend, says CSA Global — the world's second-largest mining…