February 4, 2016

Leading diamond growers, distributors, retailers and technical experts come together to launch the International Grown Diamond Association (IGDA)

Morrisville, NC, 4 February, 2016: More than 10 leading grown diamond producers, distributors and retailers have come together to launch a global […]

February 2, 2016

Dominion Diamond can go ahead with Ekati mine expansion — watchdog

The board's recommendation still needs to be approved by Canada’s Northwest Territories authorities.

February 2, 2016

Anglo American risks eviction from FTSE 100

FTSE 100 reweighting to take place in March.

February 2, 2016

Canadian prospectors holding on to long-term resources demand forecast

However, they acknowledge that there are no signposts yet in the market that suggest mineral prices will rebound soon.

February 1, 2016

Anglo American may fully exit Brazil — report

The company is said to be wanting to offload its Barro Alto nickel mine and the vast Minas-Rio iron ore complex.

February 1, 2016

Despite De Beers and Rio’s efforts, global diamond output to jump 1.3% this year

The miners concerted effort to limit global diamond supply is forecast to be offset by stable Russian production, new mines, and production increases by Dominion Diamond and Petra Diamonds.

January 28, 2016

Anglo American shares rally on iron ore output hike, cost-cutting measures

The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.

January 28, 2016

Anglo American and Lonmin heap pain on South African mining with 9,000 job cuts

Embattled miners have cut jobs in the face of plunging commodity prices, putting pressure on the South African government

January 28, 2016

Russia’s Alrosa quarterly sales up 45%

Rough diamonds sales rose to 7.1 million carats in October through December. This compares with 4.9 million carats of sales in the third quarter.

January 27, 2016

Current mining downturn not a ‘normal’ one — Moody’s

The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.