September 15, 2015

Paragon Diamonds shines bright on better-than-expected results for Mothae

Shares in the Africa-focused diamond miner climbed almost 6% after it revealed the Mothae kimberlite project in Lesotho may be more profitable than previously assumed.

September 14, 2015

Crucial week for Dominion Diamond’s Ekati mine

The company hopes to begin mining from the Jay pit before Ekati's existing reserves run out in 2020, and so avoid laying off workers.

September 14, 2015

Africa mining stumbles, raising fears of job loss chaos

As mining companies in resource-rich Africa bleed jobs due to plunging commodity prices, the ripple effect of redundancies has raised concern about social unrest amid declining economic growth.

September 13, 2015

X-ray confirms woman in Thailand stole, swallowed diamond

Chinese doctors extracted a the 6-carat gemstone from the large intestine of a Chinese woman accused of stealing it from a jewellery fair.

September 11, 2015

World’s largest diamond producer Debswana slashes output target

The company, a joint venture between Botswana and De Beers, said the measure follows a downturn in the global diamond market.

September 10, 2015

Big name investors are piling back into commodities

A few legendary influencers are making huge bets right now on commodities, an area that’s faced—and continues to face—some pretty strong headwinds.

September 10, 2015

Gemfields expands outside Africa, targets Latin America emerald assets

The London-listed precious stones miner plans to buy two emerald projects in Colombia.

September 8, 2015

Lucara Diamond to host second stone tender in November

Since the recovery of the first large diamond from the Karowe mine in 2013, Lucara has found 216 gems, which it has sold for more than $250,000 each.

September 4, 2015

World’s top 5 miners lose $540 BILLION market worth

CHART: The commodity slump has slashed major miners' market valuations to 60–88% below 2011 highs.

September 3, 2015

Diamond market players discuss industry development at forum

Players debated current state and future prospects of the diamond industry.