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.

May 6, 2022

‘The Rock’, a record-setting white diamond, goes up for auction

The 228.31 carat pear-shaped stone roughly the size of a golf ball is expected to sell for up to $30 million.

May 4, 2022

SRK Consulting unpacks critical opportunities and challenges facing the African mining sector

SRK Consulting believes Africa can be the ‘missing resources link’ as the world prepares for an accelerating energy transition.

May 2, 2022

Star Diamond confirms Type IIa high value diamonds at Orion North, Taurus kimberlites

These diamond parcels were recovered between 2006 and 2008 from 120-cm diameter drilling programs.

May 2, 2022

Guinea’s coup leader proposes 3-year transition back to civilian rule

Lengthy transition is likely to upset West Africa's political bloc that has called for a swift return to constitutional order.

April 27, 2022

Russia says it may buy diamonds from sanctions-hit Alrosa

Alrosa, , the world’s top diamond miner by output, is responsible for 90% of Russia’s diamond production and 28% of global supply.

April 27, 2022

Petra Diamonds mulls sale of loss-making Koffiefontein mine

Petra wants to offload the Koffiefontein diamond mine in South Africa, which reaches the end of its productive life in 2025.