December 14, 2015

Diamond miners likely to cut prices further in 2016 to lift demand — Moody’s

The rating and research agency expects producers to have to deepen cut prices as supply and demand challenges continue into the new year.

December 11, 2015

Some think not too soon for Anglo obituary

Anglo-American perceived as "the most likely of the diversified mining majors to go bust" even if it "goes down fighting".

December 11, 2015

Supply/demand balance in diamonds could be reached by mid-2016

Despite the fact that the diamond industry is heavily concentrated, and still possesses tones congruent with its relatively recently removed history of being a monopoly, end-consumer demand is still what…

December 9, 2015

INFOGRAPHIC: Visualizing Chinese Investment in Africa

We have said previously that Africa is the new land of opportunity for speculators and investors.

December 8, 2015

DRA diamond plant recovers huge diamond at Karowe

Johannesburg based engineer and project delivery company DRA Global has commented that it is pleased and proud that its innovative process plant designs have assisted in the recovery of very…

December 8, 2015

Anglo American to cut 85,000 jobs, dividend and assets in sweeping restructuring

The job cuts, part of a major overhaul, are far greater than the 53,000 positions the miner said it would cut in July.

December 8, 2015

Canadian Arctic readies for world’s largest diamond mine opening

The Gahcho Kué mine will take in a number of the hundreds of workers laid off at Snap Lake.

December 6, 2015

Snap Lake had groundwater problems before closure

The groundwater was being stored due to high concentrations of dissolved solids including mineral salts.

December 3, 2015

De Beers considering Snap Lake closure

Mine in Canadian arctic has never turned a profit.

December 3, 2015

How to win in any market: 9 rules for contrarian investing

When it comes to investing, the first rule thing you need to learn is effective management of your emotions.