September 11, 2016

Swiss jeweller buys rights to $63M Constellation diamond 

The world's most expensive rough diamond is now in the hands of De Grisogono, a Swiss luxury jeweller and watch maker.

September 11, 2016

As the land dries up, diamond mining companies are turning their sights to the sea

Twelve miles off Namibia’s arid southern coastline, 150 metres below rolling ocean waves, diamond miners are hard at work securing a future for the practice of romancing by stone.

September 8, 2016

Lucapa finds another massive diamond at Lulo, biggest pink yet

The 38.6-carat coloured stone is the largest “fancy” pink diamond recovered to date from Lulo.

September 8, 2016

World’s largest, newest diamond mine to inject $5.2bn into Canada’s economy

Gahcho Kué, co-owned by De Beers Canada and Mountain Province Diamonds, is also expected to provide 1,200 new jobs.

September 6, 2016

Kimberley Process Chair visits Burkina Faso

As part of the KP Chair’s ‘Africa Initiative’, Ahmed Bin Sulayem met the President of Burkina Faso.

September 1, 2016

Anglo’s top shareholder to call vote on assets sale plan

South Africa's Public Investment Corporation (PIC), which owns 14.5% of Anglo, believes the mining giant may not realize the full value of its assets.

August 31, 2016

Oil sands stoppages push Canadian GDP down to 2009 recession levels

The country’s economy shrank 1.6% in the April-to-June period, the largest quarterly decline in seven years.

August 30, 2016

Canada’s mining industry faces workers shortage of up to 127,000 — report

Experts warn Canada's mining industry faces a looming risk it's not ready to deal with — lack of access to workers with the skills needed in an upswing.

August 29, 2016

Alrosa diamond sales drop in second quarter on fading demand

Net profit for the period, however, increased substantially — up 61% from a year ago to 40.5 billion roubles ($625 million).

August 24, 2016

Poland halts Nazi ‘gold train’ hunt sooner than expected

A new timetable for the search is expected to be unveiled on Friday, at a news conference called by the digging team.