November 17, 2022

Lucara extends sales deal with HB by 10 years

It allows Lucara sell its +10.8 carat diamond production from Karowe mine, which account for 60% to 70% of its revenue.

November 10, 2022

Petra Diamonds’ Tanzania mine ops suspended for three months

A wall of the tailings storage facility at the site was breached earlier this week.

November 8, 2022

Zimbabwe’s new mineral royalty policy comes into force

The government plans to start collecting half of the royalties from gold, diamonds, platinum group metals, and lithium.

November 7, 2022

Petra Diamonds halts Williamson mine in Tanzania after dam breach

Operations were suspended after a wall of the tailings storage facility was breached, causing flooding in nearby areas.

November 7, 2022

Previously unknown mineralogy of deep earth unveiled

New experiments suggest that earth’s deeper lower mantle likely has a mineralogy different from the shallower lower mantle.

November 2, 2022

Vivid pink diamond could go for $35 million at Christie’s auction

The largest vivid pink diamond sold at Christie's was the 18.96-carat Winston Pink Legacy, which got $50.4 million in 2018.

November 2, 2022

Gemfields to auction 37,555-gram emerald cluster

The Kafubu Cluster is likely to set a record for the world’s most expensive single emerald sold in auction.

November 2, 2022

Gem Diamonds lowers 2022 guidance despite solid Q3

Output was hurt by a two-day halt in Lesotho during the country's general elections, as well as by an equipment breakdown, now repaired.

November 2, 2022

Diamonds trade watchdog mulls fate of Russian gems

The Kimberley Process is expected to decide this week whether Russian diamonds should be declared conflict gems.

November 1, 2022

Debswana posts 37.5% jump in 9-month diamond sales

However, De Beers sees the risk of the market slowing down in the coming months due to a deterioration in global economic conditions.