February 22, 2024

Anglo American to review assets after writedowns and profit plunge

The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand.

February 22, 2024

TIMELINE: Anglo American’s efforts to tackle weak commodity prices

Anglo American said it will review its assets after a 94% plunge in annual profit.

February 21, 2024

Lucara Diamond unearths over 530-carats at Karowe mine in Botswana

Recoveries include a 320-carat gem-quality, an 111-carat Type IIa white stone and two +50-carat stones.

February 21, 2024

Diamond, niobium play key role in development of quantum detection devices

Researchers have found a way to improve diamond adhesion —the bond between diamond and transition metal—using niobium.

February 19, 2024

Lucara Diamond revives sales deal with gem trader HB Antwerp

The Canadian miner said it will supply HB Antwerp with rough diamonds of 10.8 carats and above for 10 years.

February 14, 2024

Tiny diamond-tin-filled device could jumpstart work toward quantum internet

Device developed at the Massachusetts Institute of Technology and the University of Cambridge could allow the quick, efficient flow of quantum information over large distances.

February 11, 2024

New method could simplify detection of diamond deposits

Geologists have established a link between diamond occurrence and the mineral olivine.

February 7, 2024

Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp

The deal would value the Belgian company, founded in 2020, at $275 million.

February 6, 2024

De Beers expands presence in Angola’s diamond sector

The world’s largest diamond miner by volume has inked agreements with Angola to boost diamond production and exploration.

February 5, 2024

Rio Tinto unit faces criminal case in Canada over injured worker

The accident took place on Jan 26, 2023 at the Diavik mine, which is located about 200 km (125 miles) south of the Arctic Circle in the Northwest Territories.