June 13, 2014

Petra unveils largest-ever blue diamond found at Cullinan mine

The 122.52-carat blue diamond won't be sold before the end of Petra's current financial year on June 30.

June 12, 2014

Diamond demand to climb 4.5% this year — De Beers

De Beers, the world's largest diamond miner by market value, is also bracing for a rough diamond demand rush.

June 11, 2014

Congo mines no longer controlled by warlords and militia —report

Tin, tantalum and tungsten mines used to generate $185 million a year for armed groups. Now, about two-thirds of those operations are part of peaceful supply chains, study shows.

June 11, 2014

Canadian diamond exploration perks up

For years it seemed that juniors were fleeing from diamond exploration — and for good reason.

June 11, 2014

Asteroids mined for fuel to generate trillion dollar market, says firm

Orbiting spacecraft could be refuelled with water taken from asteroids—but some experts doubt the economics.

June 10, 2014

‘Blood diamond’ monitoring to remain focus on conflict-torn regions

The newly elected president of the World Diamond Council is not in favour of expanding the scope of the Kimberley Process scheme beyond conflict zones.

June 10, 2014

Coloured diamonds poised to appreciate significantly as supply dries up — broker

Natural fancy coloured diamonds are the most concentrated form of wealth on earth, said Colin Ferguson, CEO of Rare Investment. And with demand growing while supply shrinks, they are on…

June 10, 2014

Alrosa Executive Committee Approved Bourevestnik Development Project

At its meeting held on June 10, 2014 the Executive Committee approved the project of OJSC NPP Bourevestnik, ALROSA’s branch in Saint-Petersburg, on the construction of the innovation center aiming…

June 9, 2014

This deserted African mining town is almost flooded by sand… and ghosts

In the early 1900s, after the discovery of diamonds in the southern Namib desert, German miners flocked to the area, developing this unique town known as Kolmanskop.

June 4, 2014

Lucapa Diamond locks two-year license extensions for its Lulo mine in Angola

Lucapa Diamond has got a two-year extension for its Lulo Diamond concession in Angola, granted by said the country's Ministry of Geology and Mines.