June 16, 2015

Alrosa’s diamond prices down 6% so far this year, but recovery coming

It saw its rough diamond prices decrease by 3% in February and a further 3% at its May trading session, but the mienr expects market conditions to improve by the…

June 12, 2015

Petra Diamonds shares fall on lower revenue warning

The miner said smaller than expected diamonds at its Finsch and Cullinan mines in South Africa have sold at modest prices.

June 12, 2015

TIMELINE: Birth and development of the diamond mining industry

While the term "diamond" comes from the Greek word "Adamas", meaning "unconquerable", the earliest gems were found in India, in 4th century BC.

June 9, 2015

Botswana government defers royalties to help hard-pressed mining companies

The government of Botswana is bringing relief to profit-squeezed mining companies in the country by allowing them to defer the payment of […]

June 9, 2015

Europe closes in on conflict minerals

An annual list that reveals the names of mineral smelters that do not use raw materials linked with criminal gangs is at the heart of Europe’s push to clean up…

June 9, 2015

Gemfields shines on rare rubies find

The stock closed 4.17% higher in London Tuesday after the miner revealed the discovery of two rare matching rubies from its Montepuez mine in Mozambique.

June 5, 2015

Most US mining and natural resources jobs lost in six years

Mining and logging was the big exception in Friday's payroll numbers with 18,000 jobs lost in May, the worst month since the global financial crisis.

June 4, 2015

The world’s top 40 miners saw returns hitting decade-low in 2014 — report

They shed $156 billion in market value last year, or about 16% of their combined worth, according to PwC.

June 1, 2015

Meteorites heading to Earth may contain trillions of diamonds

Gems founds in fragments of the Almahata Sitta meteorite were formed in an unknown planet that existed when our solar system was just forming, researchers say.

May 29, 2015

Seven diamond miners form group to fight synthetics

But some believe main challenge will be falling prices and wholesalers difficult access to credit to purchase rough diamonds.