October 21, 2014

India diamond merchant boss gives 500 cars, 200 apts to employees

He has also insured 280 employees who have been with the company for more than a decade to the tune of $160,000 each.

October 20, 2014

Russian diamond giant Alrosa Q3 output falls

The miner's total diamond production for the quarter reached 9.7 million carats, slightly down from 9.9 million carats in the same period last year.

October 20, 2014

Mining investment in Kazakhstan to reach $30bn by 2017

The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.

October 15, 2014

Mick Davis has now almost $5 billion to build new mining empire

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."

October 15, 2014

INFOGRAPHIC: The value of diamonds in real world vs in Minecraft

The value of diamonds seems to have transcended our physical world and taken a privileged place in the universe of Minecraft, an increasingly popular Lego style adventure game.

October 10, 2014

This pink diamond sold for a historic record of $18 million

It has set a world auction record on a per-carat basis for a gem of this colour.

October 10, 2014

Rockwell signs $7.2m BEE deal, mulls growth

Rockwell Diamonds replaced a lapsed empowerment deal and said it may yield asset growth whilst plans were also afoot to double the firm's mining rate.

October 8, 2014

Cutifani says tough decisions needed to restore credibility

Anglo's chief warned the company plans to take severe measures over the next two years.

October 6, 2014

Russian diamond giant Alrosa begins mining at Karpinskogo

The kimberlite pipe is located at the Lomonosov deposit in northern Russia.

October 1, 2014

Alrosa diamonds sales reach $3 million in less than 10 days

At the 2014 Hong Kong Gem & Jewellery Fair.