May 24, 2022

Gem Diamonds finds 129-carat diamond in Lesotho

The high-quality white diamond is the first one over 100 carats mined this year.

May 22, 2022

Africa’s domestic mining sector not severely impacted by sanctions against Russia – report

The Economist Intelligence Unit says Russian mining activities in Sub‑Saharan Africa will be impacted by sanctions but without having a serious negative impact on domestic mining sectors.

May 17, 2022

Mountain Province discovers kimberlite in three target areas at Kennady North

Drilling to date has tested four of the 16 target areas identified on the property, with three of those returning kimberlite intersections.

May 17, 2022

China, US are racing to make billions from mining the moon’s minerals

Unlike in the era of Sputnik and Apollo, the world’s top superpowers can’t even agree on basic principles to govern the next generation of space activity. 

May 16, 2022

Botswana sees Russian diamond ban opening door to synthetic gems

The United States, the world's largest market for natural diamonds, imposed sanctions on Russia's state-controlled Alrosa in April.

May 13, 2022

Largest white diamond ever auctioned goes for $21.5 million

The egg-sized white diamond dubbed “The Rock” is said to be the largest of its kind to ever go under the hammer.

May 12, 2022

Global diamond trade fractures under the weight of Russia sanctions

Russian mining giant Alrosa supplies about a third of the world’s raw gems, and US sanctions against the company are causing panic in the industry.

May 12, 2022

Mining Indaba: Russia-Ukraine war triggers policy shifts, supply chain disruptions

Increased prices for fossil fuels have shifted the conversation, potentially benefitting oil and gas projects in Africa as importers scramble to diversify supply chains away from Russia.

May 11, 2022

Diamond prices are spiking and even De Beers can’t fill the gap

The market is struggling to source diamonds after the US sanctioned Russia's Alrosa, which accounts for about a third of global supply. 

May 9, 2022

Ukraine war drives De Beers to step up diamond traceability efforts

The diamond producer is also looking to adjust its supply chains, as Western customers want assurance that their purchases do not come from Russia.