May 4, 2015

RioZim seeks partnerships for $2.1bn Zimbabwe power plant

RioZim Ltd., which mines gold, diamonds and coal in Zimbabwe, wants to work with state-owned power utilities in South Africa and Namibia to build a 1,400-megawatt electricity plant near its…

May 3, 2015

Price, distribution the main obstacles to synthetic diamond growth

Unlike other precious gems, high-quality synthetic diamonds can only trade at around a 2 to 20 percent discount to naturally-mined stones.

May 1, 2015

INFOGRAPHIC: How diamonds are mined

The last kimberlite eruption occurred over 25 million years ago.

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”.