October 5, 2023

Anglo CEO says miners must make “tough decisions” to remain profitable

Duncan Wanblad said on Thursday mining companies have to confront tough decisions such as cutting costs as weak metal prices hit earnings.

October 5, 2023

Lucapa Diamonds names Selby CEO and MD

Nick Selby, who joined Lucapa in 2014, took the helm in August this year after former boss Stephen Wetherall stepped down.

October 4, 2023

Ranked: The world’s top diamond mining countries, by carats and value

Only 22 countries in the world engage in rough diamond production.

October 1, 2023

De Beers signs 10-year sales deal for Botswana diamonds

The pact with Botswana’s government covers a new 10-year sales deal for Debswana’s rough diamond production through to 2033.

September 28, 2023

Lucara Diamond ends HB Trading sale agreement

The Canadian diamond miner cited a “material breach of financial commitments” by the Belgian manufacturer as the reason for the split.

September 20, 2023

Alrosa suspends diamond supply for Sept-Oct – India’s trade body

The move aims to avert a supply glut in the global market and aid diamond prices amid weak demand.

September 20, 2023

Researchers reveal missing clue to finding pink diamonds

The discovery may help replace the now closed Argyle mine as a source of the world’s biggest and high-quality pink diamonds.

September 18, 2023

Poland proposes ban on Russian diamonds, LPG in new sanctions package

The Polish proposal will now be considered by the European Commission.

September 15, 2023

G7 to launch Russian diamond ban in bid to curb revenues, Belgium says

A ban on imports of Russian diamonds is expected to be agreed by Group of Seven nations in the next two or three weeks.

September 13, 2023

De Beers ends lab-grown engagement diamonds foray as prices drop

The company expects lab-grown prices to continue to decline as more supply comes into the market.