July 12, 2021 Lucara Diamond locks in $220 million loan for Karowe expansion Financing package will help fund a five-year, $514 million underground expansion of the Karowe mine in Botswana.
July 12, 2021 Petra fetches over $40m for 39-carat blue diamond At $1,021,357 per carat, it is the highest price paid for a single stone.
July 9, 2021 Gemfields shares spike tied to non disclosable, sensitive information The emeralds and rubies miner did say it expects to announce sales of $95m in first half of 2021, up 533% from the same period in 2020.
July 8, 2021 Star Diamond battles Rio Tinto’s call to JV meeting Canadian miner says Rio has no right to call or hold a meeting of the joint venture that does not yet exist.
July 7, 2021 Britain’s Firestone to sell Botswana diamond mine for $50,000 The BK11 mine was put on care and maintenance in 2012 due to operational challenges and weak market demand for the precious stones.
July 6, 2021 De Beers pleads guilty to failing to report mercury monitoring results at Victor mine The case sets a precedent for mining activities in Ontario, including “Ring of Fire.”
July 6, 2021 Alrosa unveils new diamond tracking method The nanotechnology-based technology marks each diamond with a 3D code containing in-depth information about the stone.
July 1, 2021 Ice Road built by diamond miners in Canada’s Far North gets Netflix debut The Ice Road has been jointly run by three mining companies – Diavik Diamond Mines, Dominion Diamond Corporation, and De Beers Canada – for over 20 years since the start…
June 30, 2021 Myanmar army tightens grip on lucrative jade sector Myanmar produces about 70% of the world's jade, but the industry is plagued by conflict, corruption and environmentally destructive practices.
June 23, 2021 Lucara strikes again with diamond over 1,000 carats The 1,174 carat diamond from the Karowe mine in Botswana is the third over 1,000 carats recovered since 2015.
First Quantum to sell Spanish mine for $190M Global Panduro, an entity controlled by US private equity Resource Capital Funds, will acquire the past-producing Las Cruces copper mine. December 24, 2025 | 07:28 am
