September 21, 2016

One of world’s largest, newest diamond mines is now open

Gahcho Kué, a joint venture between De Beers Canada (51%) and Mountain Province Diamonds (49%), is expected to inject $5.2bn into Canada’s economy.

September 21, 2016

Kimberley Process chair discusses future with DRC government

As part of his Africa Initiative, ahead of D.R. Congo general elections, the UAE KP Chair, Ahmed Bin Sulayem, meets Government Ministers to discuss Kimberley Process.

September 20, 2016

World’s top diamond producer Alrosa doesn’t like synthetics

The Russian miner, the world's top diamond producer by output, said it has become imperative for the industry to find effective ways to defend the market from illegal substitutions by…

September 19, 2016

Petra Diamond sees shiny 2017 for the global industry

The miner is confident in the long term outlook for the diamond industry and it expects is to be cash flow positive in the second half of the current financial…

September 16, 2016

Not with a bang but a whimper: How commodities may end year

With supply gluts persisting from corn to oil, traders are already gearing up for declines.

September 14, 2016

Millennials gave a $25 billion shot in the arm to the diamond industry last year

De Beers, the world's biggest diamond producer, warns that many of the challenges affecting the industry last year are likely to continue over the next decade.

September 14, 2016

Rio Tinto’s rare pink, red and violet diamonds showcased in Hong Kong

The 2016 Tender, named the “Chroma Collection” because of its potency of colour, comprises 57 pink diamonds, two violet diamonds and four red diamonds and weighs a total of 58.24…

September 14, 2016

Despite problems SA still represents half sub-Sahara mining

Value of South Africa's mining industry forecast to contract 11.4% in 2016, followed by years of close to zero growth according to new report.

September 13, 2016

Underground mining equipment market to reach US$30.5 billion by 2023

Thanks to coal.

September 13, 2016

This new technology could be blood diamonds worst enemy

Two companies have partnered to use near field communication (NFC) — best known for enabling mobile payments— for tacking a diamond's history.