July 3, 2024

Gem Diamonds unearths 123-carat stone in Lesotho

This is the eighth stone over 100 carats found at the Letšeng mine in 2024.

July 2, 2024

Rio Tinto completes largest off-grid solar plant build in Canada’s North

The solar project complements a wind power plant at Diavik, which has been operating since 2012.

July 1, 2024

Russian diamond producer Alrosa buys big gold deposit from Polyus

For the world's biggest diamond producer, the move marks a deeper push into gold.

June 28, 2024

Botswana GDP shrinks most since 2020 as diamond output plunges

Real value added of the diamond traders and mining & quarrying industries were down 46.8% and 24.8% respectively.

June 27, 2024

Petra Diamonds cuts targets and costs in tough market

Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million.

June 26, 2024

Gahcho Kué diamond mine surpasses spend threshold with NWT and Indigenous businesses

The milestone represents 61% of the total C$3.2 billion spent on the project since 2015 when construction began.

June 26, 2024

De Beers sales drop to $315m amid search for new owner

Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year.

June 21, 2024

De Beers Canada JV partner says diamond miner in no rush to sell

The more than 100-year-old diamond miner is seeking options for its spin off from parent Anglo American at a time of depressed diamond prices.

June 19, 2024

Gemfields fetches almost $69 million at ruby auction

The auction marked the 10th anniversary of Gemfields’ first sale of rubies from the Montepuez mine in Mozambique.

June 18, 2024

Debswana reports fatality at its Jwaneng mine

The incident, which took place on Monday, involved a contractor.