Diamond Top Stories

Gem Diamonds unearths 129-carat stone at Letšeng mine in Lesotho

The diamond, recovered on August 23rd, is the 10th greater than 100 carat stone the company has recovered so far in 2024.

Staff Writer | August 28, 2024 | 11:29 am

De Beers partners with Tanishq to promote natural diamonds in India

India has surpassed China to become the world's second-largest diamond…

Reuters | August 28, 2024 | 7:11 am

Rio Tinto, Teck take steps to minimize Canada rail shutdown impact

Labor dispute at Canada's two biggest rail networks will affect…

Reuters | August 22, 2024 | 9:10 am

Gahcho Kué diamond mine life extended to 2031

On a 100% basis, the Gahcho Kué mine is expected…

Marilyn Scales - Canadian Mining Journal | August 22, 2024 | 8:26 am

Lucara finds world’s 2nd largest diamond ever mined

The “epic” diamond, as Lucara put it, was detected thanks…

Cecilia Jamasmie | August 22, 2024 | 4:03 am

Star Diamond acquires Buffalo Hills project in Alberta

Located approximately 400 kilometres northwest of Edmonton, the Buffalo Hills project includes 21 mineral leases covering 4,800 hectares.

Staff Writer | July 15, 2024 | 1:14 pm

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

Cecilia Jamasmie | July 9, 2024 | 4:03 am

Weak Chinese demand dents India’s diamond exports, industry seeks support

India's cut and polished diamond exports have been faltering due to weak demand from the key market, China.

Reuters | July 4, 2024 | 7:02 am

Gem Diamonds unearths 123-carat stone in Lesotho

This is the eighth stone over 100 carats found at the Letšeng mine in 2024.

Staff Writer | July 3, 2024 | 10:12 am

Rio Tinto completes largest off-grid solar plant build in Canada’s North

The solar project complements a wind power plant at Diavik, which has been operating since 2012.

Staff Writer | July 2, 2024 | 1:27 pm

Russian diamond producer Alrosa buys big gold deposit from Polyus

For the world's biggest diamond producer, the move marks a deeper push into gold.

Reuters | July 1, 2024 | 9:54 am

Botswana GDP shrinks most since 2020 as diamond output plunges

Real value added of the diamond traders and mining & quarrying industries were down 46.8% and 24.8% respectively.

Bloomberg News | June 28, 2024 | 9:35 am

Petra Diamonds cuts targets and costs in tough market

Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million.

Cecilia Jamasmie | June 27, 2024 | 3:49 am

Gahcho Kué diamond mine surpasses spend threshold with NWT and Indigenous businesses

The milestone represents 61% of the total C$3.2 billion spent on the project since 2015 when construction began.

Marilyn Scales - Canadian Mining Journal | June 26, 2024 | 11:11 am

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