July 8, 2014

Diamond industry recovers place in miners’ hearts on climbing demand, prices

Sector now delivering some of the healthiest returns for many of the world’s biggest miners, including Rio Tinto and Anglo American.

July 7, 2014

Massive layoffs expected in Zimbabwe as diamond deposits run out

It has become economically unviable for miners to dig any deeper for the precious stones.

July 4, 2014

Namibia advances plans of selling diamonds without De Beers

Minister of Mines and Energy Isak Katali said the idea is to give diamond dealers and manufacturers the opportunity to buy directly from locals.

July 3, 2014

Outperforming Lucara likely to use its paper to grow

Share price continues to hit all-time highs.

June 30, 2014

Astronomers discover diamond the size of Earth

That’s one massive diamond, which will never be cut, as it is 900 light-years away from our planet.

June 27, 2014

Alrosa diamonds sold for an average $118.50/carat in Q1 2014

Company's rough diamond prices proxy for opaque market.

June 27, 2014

Alrosa opens Russia’s largest diamond mine

The Udachny mine, in the country's northeast, is also expected to become one of the world’s biggest underground diamond operations.

June 24, 2014

Diamond miner Alrosa’s profit down 3% in first quarter

But the world's No.1 diamond company by output saw a big jump in revenue: up 43% to $1.6 billion

June 23, 2014

Emerging markets firms to lead global mining sector: PwC

Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.

June 15, 2014

Scientists unveil hardest synthetic diamond ever made

The new synthetic rock is harder than its natural counterpart and can withstand even higher temperatures.