September 21, 2015

De Beers: Diamond sales growth to end this year

Increase in rough diamond supply through 2020 forecast as two major mines enter production next year says new report by diamond giant.

September 21, 2015

Rio Tinto’s rare red and pink Argyle diamonds shine in Hong Kong

Rio Tinto’s iconic Argyle Pink Diamonds Tender, comprising 65 of the world’s rarest pink and red diamonds, is being showcased in Hong Kong as part of its global tour.

September 18, 2015

Petra Diamonds losing some sparkle, net profit down 33 pct

But the company is on track to reach its longer-term target of about 5 million carats of diamond production a year by 2019.

September 18, 2015

This blue diamond may become the most expensive gem ever sold at auction

"Blue Moon" is expected to fetch up to $55 million when it goes under Sotheby's hammer on Nov. 11, in Geneva.

September 15, 2015

UAE to become chair of the Kimberley Process in 2016

First Arab country to hold this position.

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.