February 25, 2022

Strong diamond demand boosts Lucara revenue, Petra sales

Miners have added evidence that the global market for roughs diamonds and jewellery has returned to pre-pandemic levels.

February 24, 2022

De Beers returns diamond sights to Gaborone as travel opens up

Company is bringing its sales activities back to Botswana's capital almost two years after Covid-19 hit.

February 24, 2022

Russia-focused miners collapse on Ukraine invasion

Mining and energy firms with ties to Russia were hit by Moscow’s wide-ranging attack on Ukraine, while oil topped $105 a barrel.

February 22, 2022

Surging diamond demand helps Botswana trader post record sales

Botswana’s state-run diamond trader reported record revenue last year.

February 20, 2022

Congo nears deal with Israeli billionaire to recover assets

The DRC is in negotiations with Dan Gertler’s Fleurette Group, which controls mining and oil permits throughout the Central African country.

February 16, 2022

Largest and most valuable blue diamond to come to auction at Sotheby’s Hong Kong

The more than 15-carat De Beers Cullinan Blue diamond was mined in 2021 at South Africa's Cullinan mine.

February 10, 2022

Russian arctic diamond miner ALMAR plans IPO next month

The diamond industry has rebounded since the start of the pandemic as stuck-at-home consumers bought stones.

February 9, 2022

Alrosa adjusts sales schedule to ease supply shortage

The move will allow buyers to get their hands on rough diamonds sooner than planned, helping ease current undersupply.

February 4, 2022

Zimbabwe makes U-turn on mining royalties to halt currency slide

The Zimbabwean dollar has weakened 6.8% this year to 116.65 per dollar.

February 1, 2022

Vast Resources pulls out of deal to buy Botswana’s Ghaghoo diamond mine

Ghaghoo was estimated in 2014 to have a resource of 79.3 million tonnes at an average grade of 19.5 carat per hundred tonnes.