May 1, 2015

CFSI releases new conflict minerals reporting template

The Conflict-Free Sourcing Initiative announced Friday it has published its new Conflict Minerals Reporting Template (CMRT 4.0). The leading multi-industry tool to facilitate transfer of information throughout the supply chain…

May 1, 2015

Rio Tinto ready to resume hunt for mining deals — report

If the miner buys any assets this year, it would be Rio's first acquisition in about three years.

April 30, 2015

Zimbabwe eliminates tax on diamond sales, for now

The measure aims to stimulate production and attract investment in the sector, amid low international prices for the coveted gems.

April 27, 2015

Life coming back to the global exploration sector

After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.

April 24, 2015

‘Perfect’ 100-carat diamond sold for ‘only’ $22 million

After just three minutes of bidding, the final price was $22,090,000, including the buyer's premium.

April 23, 2015

DMCC to host three seminars on diamond finance

The Dubai Diamond Exchange, a DMCC initiative, is planning to hold three seminars on diamond financing this year, underscoring the growing importance of the issue for the global diamond industry.

April 23, 2015

Low diamond prices push Anglo American to cut output

The global miner trimmed its forecast from 32m-34m carats to 30m-32m because of “current trading conditions”.

April 21, 2015

Lucara Diamond unearths 342-carat rock at its mine in Botswana

The gem will be sold along with two other greater than 100 carat diamonds, also recovered at Lucara's Karowe mine.

April 21, 2015

Russia’s Alrosa diamonds output up 6% in Q1

The miner also said that revenue from rough diamond sales was set to reach at least $1.1 billion, even though its first-quarter rough diamond prices dropped by 3%.

April 20, 2015

Scientists reveal diamond bearing rocks more common than originally thought

A team of Australian scientists have, for the first time, identified the exact source of diamond-bearing rocks known as orangeites.