December 7, 2016

Global rough diamond production about to reach its peak

Global rough diamond production will reach its peak in only three years before entering into a supply deficit by 2020, two separate reports show.

December 6, 2016

De Beers facing legal action over mercury monitoring at Victor mine

Suit claims company failed to report mercury levels at five of nine water monitoring stations near Victor mine.

December 6, 2016

Alrosa diamond sales picked up in November

The company's total diamond sales last month amounted to $255.2 million, 63% higher than in November last year.

December 6, 2016

De Beers invests $5 million to expand India’s diamond grading unit

Move takes the group’s total investment in the Indian city of Surat, which has the largest concentration of diamond skilled workers in the world, to $15 million.

December 2, 2016

Cameroon involved in Central African ‘conflict diamonds’ trade — report

Cameroon is allowing conflict diamonds from the Central African Republic to cross over its borders and into the legal supply chain due to poor controls, smuggling and corruption, a new…

December 1, 2016

Gemfields postpones emerald auction over India’s ‘demonetization’

The auction of emeralds from the miner's Kagem operation in Zambia will now be in February.

November 30, 2016

Canada’s Diavik mine axes 51 jobs

Company says it was forced to lay off employees from across the business given "current market conditions."

November 28, 2016

KP Chair holds discussions with Tokyo Diamond Exchange Club, Japan Gem Society and leading Japanese jewellery retailers

The UAE Kimberley Process Chair, Ahmed Bin Sulayem, has travelled to Japan to meet with senior representatives from the country’s diamond trade industry. The goal of the discussions was to…

November 28, 2016

Lucapa granted new five-year exploration licence for iconic Angola mine

The miner said the decision applies to the entire 3,000 square kilometer Lulo site, a project that has bored some massive gems, including the largest diamond ever found in Angola.

November 27, 2016

CHART: Mining capex decline set to continue

Global miners have been cutting spending on new projects and expansions since 2012.