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.

February 1, 2022

Rio Tinto report reveals culture of sexual harassment, bullying and racism

Eight-month independent review of the miner’s workplace culture found disturbing, systemic behaviours across the company’s sites.

January 31, 2022

Debswana annual diamond sales jump 64%

The total value of Debswana's diamond exports stood at $3.466 billion in 2021 compared with $2.120 billion in 2020.

January 27, 2022

De Beers boosts production to meet recovering demand

It saw 2021 production jump by 29% to 32.3 million carats, as the miner boosted output to meet recovering demand.